Buy here: http://homework.plus/finc-600-week-7-practice-quiz/ 1. Assets are listed on the balance sheet in order of:

I) Decreasing liquidity

II) Decreasing size

III) Increasing size

IV) Relative life

2.The difference between Total Assets of a firm and its Total Liabilities is called.

3. The difference between Current Assets of a firm and its Current Liabilities is called.

4. Which of the following is an example of leverage ratios?

5. Which of the following is an example of liquidity ratios?

6. Given the following data:

Current assets = 500

Current liabilities = 250

Inventory = 200

Account receivables = 200

Calculate the current ratio:

7. Given the following data:

Sales = 3200

Cost of goods sold = 1600

Average total assets = 1600

Average inventory = 200

Calculate the asset turnover ratio:

8. Efficiency ratios indicate:

I) How productively is the firm utilizing its assets.

II) How liquid is the firm.

III) How profitable is the firm.

IV) How highly is the firm valued by investors.

9.

Profitability ratios indicate:

I) How productively is the firm utilizing its assets.

II) How liquid is the firm.

III) How profitable is the firm.

IV) How highly is the firm valued by the investors.

10. Given the following assets;

I) Long-term assets

II) Inventories

III) Receivables

IV) Marketable securities

Which is the least liquid of these assets?

11. Given the following data:

Total current assets = $852

Total current liabilities = $406

Long-term debt = $442

Calculate the net working capital.

12. The cash budget is the primary short-term financial planning tool. The key reasons a cash

budget is created are:

I) To estimate your investment in assets

II) To estimate the size and timing of your new cash flows

III) To prepare for potential financing needs

13. Net working capital is defined as:

14. Cash inflow in cash budgeting comes mainly from:

15. The firm's internal growth rate is defined as: