Finance Quiz 1.docx

Finance Quiz 1.docx - Question 1 Correct Mark 1.00 out of...

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Question 1 Correct Mark 1.00 out of 1.00 Flag question Question text The balance sheet shows us how much revenues and expenses were generated for the financial year Select one: True False Feedback The correct answer is 'False'. Question 2 Correct Mark 1.00 out of 1.00 Flag question Question text Goodway Tyres Limited has just recognised $100m of depreciation expenses on its equipment and property. This has no effect on the company’s cash balance Select one: True False Feedback The correct answer is 'True'.
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Question 3 Correct Mark 1.00 out of 1.00 Flag question Question text The more liquid the items on a company’s balance sheet, the better the book value reflects the market value Select one: True False Feedback The correct answer is 'True'. Question 4 Correct Mark 1.00 out of 1.00 Flag question Question text A company's current ratio changed from 1.4 times in the previous year to 1.6 times this year. We can conclude that the company's liquidity has improved. Select one: True False Feedback The correct answer is 'True'.
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Question 5 Correct Mark 1.00 out of 1.00 Flag question Question text Liquidity ratios are concerned with the company's ability to pay its current bills without putting the company in financial difficulty. Select one: True False Feedback The correct answer is 'True'. Question 6 Correct Mark 1.00 out of 1.00 Flag question Question text Company A has a higher P/E ratio than Company B. This means an investor in Company A will pay less than an investor in Company B for each dollar of earnings. Select one: True False Feedback The correct answer is 'False'.
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Question 7 Correct Mark 1.00 out of 1.00 Flag question Question text WH Partners has reported a positive cash flow during the financial year.
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