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WGU C214 OA Financial Management Retake Exam Questions and Answers (2024) (Verified Answers)
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WGU C214 OA Financial Management Retake Exam Questions and Answers (2024) (Verified Answers)
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WGU C214 OA FinancialManagement Retake Exam
,1. What does the Foreign Corrupt Practices Act forbid U.S. companies
to do?
Prohibits U.S. firms and individuals from paying bribes to foreign officials to further business deals.
2. What are two basic types of financial instruments?
Stocks and Bonds
3. What are secondary markets?
Secondary financial markets are where securities are traded after the initial
offering.
4. What do cash flows from operating activities report?
Operating – day to day operations
Investing – Property, plant, equipment, long term items
Financing – debt and equity changes
5. What does the statement of cash flows report?
Cash inflow and cash outflow of business for period of time
6. Write the equation that links the income statement to the balance sheet?
New Re= Old RE + Net Income – dividends
7.
Net income 2,000
Depreciation 500
, Change in operating assets 400
Change in PPE 1,000
Change on long term liabilities 600
Dividends paid 100
What is the firm’s cash flow from financing activities? CFF
Increase in debt 600 + (no change in stock) 0 – (dividends paid) 100 = 500
8. Describe an income statement?
An income statement is a financial statement that shows you how profitable your business was over
a given reporting period. It shows your revenue, minus your expenses and losses
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