47.Whichofthefollowingfinancialstatementsincludesinformationaboutafirm'sassets,equity,andliabilities? a.Incomestatement b.Cashflowstatement c.Balancesheet d.Statementofretainedearnings e.Allofthe above c ANSWER: Easy DIFFICULTY: Financialstatements TOPICS: 48.WhenconstructingaStatementof CashFlows,whichof thefollowingactionswouldbe consideredasourceof funds? a.increaseinthecashaccount b.decreaseinaccountspayable c.increaseininventory d.increasein long-termbonds e.increaseinfixedassets b ANSWER: Easy DIFFICULTY: Financialstatements TOPICS: 49.Whichofthefollowinggroupsprobablywouldnotbeinterestedin thefinancialstatementanalysisofafirm? a.creditors b.managementof thefirm c.stockholders d.InternalRevenueService e.Allof theabovewouldbe interestedinthefinancialstatementanalysis. d ANSWER: Easy DIFFICULTY: Ratioanalysis TOPICS:
47.Whichofthefollowingfinancialstatementsincludesinformationaboutafirm'sassets,equity,andliabilities? a.Incomestatement b.Cashflowstatement c.Balancesheet d.Statementofretainedearnings e.Allofthe above ANSWER: c DIFFICULTY: Easy TOPICS: Financialstatements 48.WhenconstructingaStatementof CashFlows,whichof thefollowingactionswouldbe consideredasourceof funds? a.increaseinthecashaccount b.decreaseinaccountspayable c.increaseininventory d.increasein long-termbonds e.increaseinfixedassets ANSWER: b DIFFICULTY: Easy TOPICS: Financialstatements 49.Whichofthefollowinggroupsprobablywouldnotbeinterestedin thefinancialstatementanalysisofafirm? a.creditors b.managementof thefirm c.stockholders d.InternalRevenueService e.Allof theabovewouldbe interestedinthefinancialstatementanalysis. ANSWER: d DIFFICULTY: Easy TOPICS: Ratioanalysis
Test-Bank-CFIN-4-4th-Edition-Besley.docx