Wgu c214 finance exam - Study guides, Class notes & Summaries

WGU C214 Financial Management Concepts Practice Exam 2024, With Complete Solution The matching principle in accrual accounting requires that: a. Expenses are matched to revenue recognition. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large enough to match expenses a The addition to retained earnings each year is: a. Net Income b. Net Income minus dividends c. Net Income plus dividend...

WGU C214 Financial Management Concepts Practice Exam with 100% Verified Answers

WGU C214 Financial Management Concepts Practice Exam 2023, With Complete Solution The matching principle in accrual accounting requires that: a. Expenses are matched to revenue recognition. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large enough to match expenses a The addition to retained earnings each year is: a. Net Income b. Net Income minus dividends c. Net Income plus dividend...

WGU C214 Financial Management Concepts Practice Exam answered

WGU C214 Financial Management Concepts Practice Exam 2023.

WGU C214 Finance Management Exam Questions and Answers DFN (Discretionary Financing Needed) - Projected Total Assets - Projected Total Liabilities - Projected Equity

WGU C214 Finance Exam Questions With Complete Solutions Current Ratio - Answer =Current Assets/Current Liabilities Quick Ratio - Answer = (Current Assets - Inventory) / Current Liabilities Accounts Receivable (AR) Turnover - Answer = Credit Sales / AR Average Collection Period (ACP) - Answer = 365 / AR Turnover Net Working Capital to Total Asset Ratio - Answer =Current Assets-Current Liabilities/Total Assets Days on Hand (DOH) - Answer = 365 / Inventory T...

WGU-C214 FINANCE MANAGEMENT EXAM 2024/ACTUAL EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS/A+ GRADE DFN (Discretionary Financing Needed) - Projected Total Assets - Projected Total Liabilities - Projected Equity SGR (Sustainable Growth Rate) - ROE x (1-Dividend Payout Ratio) CFO (Cash Flow from Operations) – Net Income + Depreciation in both Current Assets and Current Liabilities

WGU C214 Financial Management Concepts Practice Exam 2023, With Complete Solution The matching principle in accrual accounting requires that: a. Expenses are matched to revenue recognition. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large enough to match expenses a The addition to retained earnings each year is: a. Net Income b. Net Income minus dividends c. Net Income plus divide...