FIN MISC
University of Cincinnati
All 2 results
Sort by
-
FIN MISC-Finance Exam 1 Practice Problems with Answers
- Exam (elaborations) • 49 pages • 2021
-
- $13.49
- + learn more
FIN MISC-Finance Exam 1 Practice Problems with Answers 
 
Chapter 2 
1. A firm has beginning retained earnings of $4,200 and ending retained earnings of $4,550. What is the 
amount of dividends paid if the firm earned a net income of $1,950? 
A) $1,600 
B) $1,950 
C) $1,900 
D) $2,000 
E) $2,100 
Explanation: Dividends paid = $1,950 – ($4,550 – $4,200) = $1,600 
2. MLM Enterprises has net income of $984, interest expense of $146, sales of $6,320, addition to 
retained earnings of $495, selli...
-
FIN MISC-Chapter 3 Financial Statements Analysis and Financial Models
- Exam (elaborations) • 14 pages • 2021
-
- $11.99
- + learn more
FIN MISC-Chapter 3 Financial Statements Analysis and Financial Models 
 
Chapter 3 Financial Statements Analysis and Financial Models 
1. On a common-size income statement, depreciation will be 
A) omitted since it is a noncash expense. 
B) added back to convert net income to cash flows. 
C) expressed as a percentage of total assets. 
D) expressed as a percentage of sales. 
E) expressed as a percentage of gross fixed assets. 
Answer: D 
Difficulty: 1 Easy 
Section: 3.1 Financial Statements Analy...
Get paid weekly? You can!
That summary you just bought made someone very happy. Also get paid weekly? Sell your study resources on Stuvia! Discover all about earning on Stuvia