Fin Chpt 2

(2.1) Fixed assets are

• Due to mature within 12 months

• Due to mature beyond 12 months

• High interest rate

• Low interest rate

(2.1) Current assets are

• Due to mature within 12 months

• Due to mature beyond 12 months

• High interest rate

• Low interest rate

(2.1) Assets = Liabilities +

• Suppliers

• Inventory

• Owners' equity

• Short term debt

(2.1) Net Working Capital is

• Current assets - current liabilities

• Current liabilities - current assets

• Long term assets - short term assets

• Long term debt - short term debt

(2.1) Which of the following is the most liquid

• Gold

• Silver

• Motorbike

• VND cash

(2.1) Which of the following is the least liquid

• Gold

• Silver

• Motorbike

• VND cash

(2.1) When a company raises money by issuing debt (bonds) it is increasing

• Financial planning

• Financial progress

• Financial leverage

• Sales

(2.1) Assets and liabilities are recorded in the balance sheet at

• Market value

• Book value

(2.1) The author notes that for the rest of the book when we speak about the value of an asset we are talking about

• Market value

• Book Value

(2.2) Revenue - Expenses =

• Sales

• Income

• Tax

• Dividends