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Unformatted text preview: 1 CF Quiz 1 Ch 03 Key 1-1. 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. Refer to section 3.1 2-7. The U.S. government coding system that classifies a firm by the nature of its business operations is known as the: A. NASDAQ 100. B. Standard & Poor's 500. C. Standard Industrial Classification code. D. Governmental ID code. E. Government Engineered Coding System. Refer to section 3.5 3-12. 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 Refer to section 3.1 4-20. Ratios that measure a firm's financial leverage are known as _____ ratios. A. asset management B. long-term solvency C. short-term solvency D. profitability E. book value Refer to section 3.3 2 5-26. The Du Pont identity can be used to help managers answer which of the following questions related to a firm's 5-26....
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- Fall '11
- Finance, Generally Accepted Accounting Principles