罗斯公司理财Chap002全英文题库及答案.pdfVIP

以家为家，以乡为乡，以国为国，以天下为天下。——《管子》

罗斯公司理财Chap002全英文题库及答案

Chapter02FinancialStatementsandCashFlowAnswerKey

MultipleChoiceQuestions

1.Thefinancialstatementshowingafirmsaccountingvalue

onaparticulardateisthe:

A.incomestatement.

B.balancesheet.

C.statementofcashflows.

D.taxreconciliationstatement.

E.shareholdersequitysheet.

Difficultylevel:Easy

Topic:BALANCESHEET

Type:DEFINITIONS

2.Acurrentassetis:

A.anitemcurrentlyownedbythefirm.

B.anitemthatthefirmexpectstoownwithinthenextyear.

C.anitemcurrentlyownedbythefirmthatwillconvertto

cashwithinthenext12months.

D.theamountofcashonhandthefirmcurrentlyshowson

itsbalancesheet.

E.themarketvalueofallitemscurrentlyownedbythefirm.

Difficultylevel:Easy

Topic:CURRENTASSETS

Type:DEFINITIONS

3.Thelong-termdebtsofafirmareliabilities:

A.thatcomeduewithinthenext12months.

B.thatdonotcomedueforatleast12months.

C.owedtothefirmssuppliers.

D.owedtothefirmsshareholders.

以家为家，以乡为乡，以国为国，以天下为天下。——《管子》

E.thefirmexpectstoincurwithinthenext12months.

Difficultylevel:Easy

Topic:LONG-TERMDEBT

Type:DEFINITIONS

4.Networkingcapitalisdefinedas:

A.totalliabilitiesminusshareholdersequity.

B.currentliabilitiesminusshareholdersequity.

C.fixedassets