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Test Bank Corporate Finance, 12th Edition, Stephen Ross Complete and comprehensive test bank for corporate finance us 12th edition by ross. The test bank represents the most updated version and contains all the test bank chapters corresponding to the tex$23.49
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Test Bank Corporate Finance, 12th Edition, Stephen Ross Complete and comprehensive test bank for corporate finance us 12th edition by ross. The test bank represents the most updated version and contains all the test bank chapters corresponding to the tex
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Course
Corporate finance
Institution
Corporate Finance
Test Bank for Corporate Finance, 12th Edition, Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
Practice questions to help you better test and understand the material for your nursing exams and homework. Includes every chapter with questions, answers and rationales. Immediate dow...
Related Download: Solutions Manual Corporate Finance 11th Edition Ross Westerfield Jaffe
Jordan
Chapter 03
1. Projected future financial statements are called:
A. plug statements.
B. pro forma statements.
C. reconciled statements.
D. aggregated statements.
E. comparative statements.
2. The extended version of the percentage of sales method:
A. assumes that all net income will be paid out in dividends to stockholders.
B. assumes that all net income will be retained by the firm and offset by a reduction in debt.
C. is based on a capital intensity ratio of 1.0.
D. requires that all financial statement accounts change at the same rate.
E. separates accounts that vary with sales from those that do not vary with sales.
, 3. Which statement expresses all accounts as a percentage of total assets?
A. pro forma balance sheet
B. common-size income statement
C. statement of cash flows
D. pro forma income statement
E. common-size balance sheet
4. Ratios that measure a firm's ability to pay its bills over the short run without undue stress are
known as:
A. asset management ratios.
B. long-term solvency measures.
C. liquidity measures.
D. profitability ratios.
E. market value ratios.
5. The current ratio is measured as:
A. current assets minus current liabilities.
B. current assets divided by current liabilities.
C. current liabilities minus inventory, divided by current assets.
D. cash on hand divided by current liabilities.
E. current liabilities divided by current assets.
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