Wgu c214 test questions - Study guides, Class notes & Summaries

C214 Financial Management WGU Test Questions And Answers Net Income = - ANSWER Revenues - Expenses Revenues - Cost of Goods Sold (COGS) - ANSWER Gross Profit Gross Profit - Operating Expenses - ANSWER EBIT EBIT = - ANSWER Sales - Costs - Depreciation EBIT = - ANSWER Operating Profit or Operating Income EBIT - Interest Expense = - ANSWER Earnings Before Taxes Earnings before Taxes - Tax Expense = - ANSWER Net Income (NI) Retained Earnings - ANSWER End RE = Beg RE + NI - Dividends END ...

WGU C214 2023 Test Questions and Answers All Correct Which will be larger: actual taxes payable or accounting income tax expense - ANSWER Accounting tax expense will be higher; actual taxes based on IRS rules will be lower Which cash flow measures the change in long term assets? - ANSWER Cash flow investing Which financial ratios measure "efficiency"? - ANSWER Asset turnover and Fixed Asset turnover Which ratio is the best measure of a firm's ability to pay bills?...

WGU C214 Pre-Assessment Test Questions (69 Terms) with Definitive Solutions Updated .

C214 Financial Management WGU Test Questions And Answers Net Income = - ANSWER Revenues - Expenses Revenues - Cost of Goods Sold (COGS) - ANSWER Gross Profit Gross Profit - Operating Expenses - ANSWER EBIT EBIT = - ANSWER Sales - Costs - Depreciation EBIT = - ANSWER Operating Profit or Operating Income EBIT - Interest Expense = - ANSWER Earnings Before Taxes Earnings before Taxes - Tax Expense = - ANSWER Net Income (NI) Retained Earnings...

Economics is a subfield of Finance (t/f) 1.1 - -F. Finance is a subfield of Economics. (right answer) Which of the following is not an example of firm capital? 1.1 - -Financial markets Which of the following are examples of firm capital? 1.1 - -Cash, Labor, Machinery Capital is defined as a financial asset. (t/f) 1.1 - -T. Capital is defined as a financial asset. Corporate finance is devoted to understanding various types of financial instruments. (t/f) 1.1 - -F. Investments is devoted to u...

C214 Financial Management WGU Test Questions And Answers Net Income = - ANSWER Revenues - Expenses Revenues - Cost of Goods Sold (COGS) - ANSWER Gross Profit Gross Profit - Operating Expenses - ANSWER EBIT EBIT = - ANSWER Sales - Costs - Depreciation EBIT = - ANSWER Operating Profit or Operating Income EBIT - Interest Expense = - ANSWER Earnings Before Taxes Earnings before Taxes - Tax Expense = - ANSWER Net Income (NI) Retained Earnings - ANSWER End RE = Beg RE + NI - Dividends END ...

Which two effects does the unbundling and offshoring of production have on employment when the global value chain is taken into consideration? - ACCURATE ANSWERS Unbundling and offshoring allows firms to offer intermediate and final goods at lower prices, thus increasing employment. Unbundling and offshoring decreases costs, which results in expansion of sales and higher employment What is true about the content and structure of a balance sheet? - ACCURATE ANSWERS It reports the assets, liab...