Chapter 4 Web Quiz

Chapter 4 Web Quiz - Quiz: Brigham/Houston: Fundamentals of...

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Summary of Results Required field Web Quiz Assignment Name: Brigham/Houston: Fundamentals of Financial Management, 12e, Chapter 4 Total Possible: 36.0 Time Spent: 00:02:53 / 01:00:00 correct 36.00 100.00% To email the results to your instructor(s), complete this form: E-mail results to: Additional message: Your first name: Your last name: Your email address: 1 Financial statement analysis helps management and investors identify a firm's strengths and weaknesses. Managers can then take actions to exploit the strengths and improve the weaknesses, and investors can analyze the data and make estimates regarding the firm's future performance. True or False? True False status: correct (1.0) correct: true your answer: true feedback: Correct. 2 The easier it is to convert an asset to cash at close to a given value, the more liquid the asset. True or false? True False status: correct (1.0) correct: true your answer: true feedback: Correct. Given the following balance sheet data, what is Firm A's current ratio ? Quiz: Brigham/Houston: Fundamentals of Financial Mana. .. http://webquiz.ilrn.com/ilrn/bca/user/quiz-public/run;js. .. 1 of 12 8/30/2010 10:34 AM
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3 a. 2.12 b. 2.36 c. 2.60 d. 2.86 e. 3.14 status: correct (1.0) correct: b your answer: b feedback: Correct. 4 Given the data below, what is Firm B's quick ratio ? a. 2.01 b. 2.24 c. 2.48 d. 2.76 e. 3.04 status: correct (1.0) correct: d your answer: d feedback: Correct. 5 Given the data below, which firm is more liquid based on its liquidity ratios, A or B? Quiz: Brigham/Houston: Fundamentals of Financial Mana. .. http://webquiz.ilrn.com/ilrn/bca/user/quiz-public/run;js. .. 2 of 12 8/30/2010 10:34 AM
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b. B status: correct (1.0) correct: b your answer: b feedback: Correct. 6 The asset management ratios are designed to see if the amount of assets a firm has are consistent with its volume of sales. True or false? True False status: correct (1.0) correct: true your answer: true feedback: Correct. 7 All of the asset turnover ratios are formed by dividing a balance sheet asset by annual sales. This tells us how frequently the assets are used up and replaced during a year. True or false? True False status: correct (1.0) correct: false your answer: false feedback: Sales are always used as the numerator, assets as the denominator. 8 Collins Corporation had sales of $100,000, year-end receivables of $12,000, inventories of $21,500, and total assets of $75,000. It uses a 365-day year for ratio calculations. What was its inventory turnover ratio? a. 3.77 b. 4.19 c. 4.65 d. 5.12 e. 5.63 status: correct (1.0) correct: c your answer: c feedback: Correct. Collins Corporation had sales of $100,000, year-end receivables of $12,000, inventories of $21,500, and total assets of $75,000. It uses a 365-day year for ratio calculations. What was Collins' total assets turnover ratio? a. 1.33
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This note was uploaded on 05/26/2011 for the course BADM 312 taught by Professor Null during the Fall '10 term at GWU.

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Chapter 4 Web Quiz - Quiz: Brigham/Houston: Fundamentals of...

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