Peregrine exam finance - Study guides, Class notes & Summaries

Foundations of Business Finance (Peregrine) Exam Questions With 100% Verified Answers True or false: The one fixed asset that is not depreciated is land because it seldom declines in value. - answerTrue __________ liabilities are those due within one year. - answerCurrent __________-__________ __________ liabilities are due after more than a year, and may include bonds, mortgages, and long-term loans. - answerLong-term debt Name the three types of accounts listed as current liabilities o...

Peregrine Exam – Finance Exam Questions With 100% Verified Answers RETAINED EARNINGS Begin retained earnings + Profit/losses- Dividents - answerAn amount earned by a corporation and not yet distributed to stockholders. Inventory turnover ratio COGS/ Average Inventory - answerratio showing how many times a company has sold and replaced inventory during a given period. ROA - answermetric that measures the profitability of a business in relation to its total assets. This ratio indicates ...

Foundations of Business Finance (Peregrine) Exam Questions with Complete Answers __________ __________ equals the number of outstanding common shares multiplied by the par value per share. - Answer-Common stock __________ __________ (often $1) is an artifact of earlier pre-computer accounting methods used to track the number of outstanding shares. It has no relation to the actual value of the shares. - Answer-Par value __________ __________ are the cumulative total of the earnings tha...

Peregrine Finance Exam Questions And Answers 100% Solved The firm's are primarily interested in ratios that measure the short-term liquidity of the company and its ability to make principal and interest payments. - answerCreditors A company's balance sheet shows the value of assets, liabilities, and stockholders' equity - answerAt a specific point in time A firm that employs an aggressive strategy to finance assets - answerWill finance a portion of long-term (permanent) growth in...

Peregrine accounting and finance exam with 100% correct answers Which financial statement reports the revenues and expenses for a period of time such as year or a month? -Correct Answer-Income Statement Which financial statement reports the assets, liabilities, and stockholders' (owner's) equity at a specific date? -Correct Answer-Balance sheet Under the accrual basis of accounting, revenues are reported in the accounting period when which of the following occurs? -Correct Answer-Servic...

Foundations of Business Finance (Peregrine) exam with correct answers True or false: The one fixed asset that is not depreciated is land because it seldom declines in value. -Correct Answer-True __________ liabilities are those due within one year. -Correct Answer-Current __________-__________ __________ liabilities are due after more than a year, and may include bonds, mortgages, and long-term loans. -Correct Answer-Long-term debt Name the three types of accounts listed as current lia...

Foundations of Business Finance (Peregrine) Exam Questions With 100% Verified Answers True or false: The one fixed asset that is not depreciated is land because it seldom declines in value. - answerTrue __________ liabilities are those due within one year. - answerCurrent __________-__________ __________ liabilities are due after more than a year, and may include bonds, mortgages, and long-term loans. - answerLong-term debt Name the three types of accounts listed as current liabilities o...

Peregrine Exam – Finance Exam Questions With 100% Verified Answers RETAINED EARNINGS Begin retained earnings + Profit/losses- Dividents - answerAn amount earned by a corporation and not yet distributed to stockholders. Inventory turnover ratio COGS/ Average Inventory - answerratio showing how many times a company has sold and replaced inventory during a given period. ROA - answermetric that measures the profitability of a business in relation to its total assets. This ratio indicates ...