HW-2.docx-2

HW-2.docx-2 - Louisiana State University Summer 2010 [Type...

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[Type text] FIN 3715 Summer 2010 Section -1 Problem Set 2 Due on Friday, June 18 th Multiple Choice Questions (20pts) 1. Activities of a firm which require the spending of cash are known as: A. sources of cash. B. uses of cash. C. cash collections. D. cash receipts. E. cash on hand. 2. Relationships determined from a firm's financial information and used for comparison purposes are known as: A. financial ratios. B. identities. C. dimensional analysis. D. scenario analysis. E. solvency analysis. 3. On the Statement of Cash Flows, which of the following are considered financing activities? I. increase in long-term debt II. decrease in accounts payable III. interest paid IV. dividends paid A. I and IV only B. III and IV only C. II and III only D. I, III, and IV only E. I, II, III, and IV 4. A firm has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How many dollars worth of sales are generated from every $1 in total assets? A. $1.08
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HW-2.docx-2 - Louisiana State University Summer 2010 [Type...

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