Return on assets roa - Study guides, Class notes & Summaries
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VSB 2004 Final Exam 2 Questions & Answers 2024/2025
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VSB 2004 Final Exam 2 Questions & Answers 2024/2025 
 
 
direct method: operating cash flows - ANSWERSuse t-accounts to convert operating income to operating cash flows 
 
direct method: investing cash flows - ANSWERSpaid for long-lived assets (land, buildings, equipment) 
cash received from the sale of long-lived assets 
cash paid for LT investments 
cash received from sale of LT investments 
 
direct method: financing cash flows - ANSWERScash received from institutional borrowing 
principal re...
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FIN2601 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED
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Well-structured FIN2601 Assignment 1 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)...Question 1 
Complete 
Mark 1.00 out of 1.00 
QUIZ 
Which of the following statements are correct if a company focuses on profits 
as financial goal? 
a) Risk is ignored. 
b) The share price is ignored. 
c) The size of the investment required to generate the profit is ignored. 
1. a and b 
2. c and a 
3. b and c 
4. a, b and c 
Question 2 
Complete 
Mark 1.00 out...
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Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete 2023-2024 (VERIFIED)
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Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete (VERIFIED). Which of the following groups would likely not be interested in the financial statements of a large 
public company such as Procter & Gamble? 
A) Shareholders 
B) Employees 
C) Competitors 
D) Taxing agencies 
E) None of these are correct 
Answer: E 
Rationale: All of these parties would use the financial statements, albeit in different ways and for 
different purposes. 
Topic: Users of Financial Statement In...
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BMAL 590 Business Finance Complete Solution 2022
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BMAL 590 Business Finance Complete Solution 2022 
A company's balance sheet shows the value of assets, liabilities, and stockholders' equity 
 
At a specific point in time 
On a balance sheet, retained earnings are not "unspent cash" because 
They have been used to finance the firm's assets 
For both managers and external financial analysts, ________ is the single most important accounting number found on the income statement 
Net income (net profit after tax) 
Earnings per share (EPS) is c...
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Peregrine Exam Day 4 Questions and Verified Answers| 100% Correct| Grade A+
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Peregrine Exam Day 4 Questions and Verified Answers| 100% 
Correct| Grade A+ 
retained earnings - An amount earned by a corporation and not yet distributed to stockholders. 
Business generate earnings that can be - postive and negative 
Retained Earnings Equation - Beginning Retained Earnings + Net Income - Dividends = Ending 
Retained Earnings 
Retained Earnings tell - A company generates surplus income 
Inventory Turnover - cost of goods sold/average inventory 
Inventory turnover helps - busin...
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Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete 2023-2024 VERIFIED ANSWERS
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Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete VERIFIED ANSWERS. Shareholders demand financial information primarily to assess profitability and risk whereas bankers 
demand information primarily to assess cash flows to repay loan interest and principal. 
Answer: True 
Rationale: While both shareholders and bankers are interested in all the information companies 
provide, shareholders care about more about a company’s profitability and bankers care more about 
solv...
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FIN2601 Assignment 1 (QUIZ) Semester 2 2024
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FIN2601 Assignment 1 (COMPLETE QUESTIONS & ANSWERS) Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 
Question 1 Complete Mark 1.00 out of 1.00 QUIZ Which of the following statements are correct if a company focuses on profits as financial goal? a) Risk is ignored. b) The share price is ignored. c) The size of the investment required to generate the profit is ignored. 1. a a...
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Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete Study Guide 2023-2024
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Test Bank for Financial Accounting for MBAs 8th Edition By Easton Complete Study Guide . Explain and assess the four main business 
activities. 
LO2 – Identify and discuss the users and suppliers of 
financial statement information. 1- 4 1, 2 
LO3 – Describe and examine the four financial 
statements, and define the accounting equation. 5-10 3-19 
LO4 – Explain and apply the basics of profitability 
analysis. 
LO5 – Assess business operations within the context 
of a competitive environ...
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TEST BANK FOR FINANCIAL ACCOUNTING FOR MBAS 8TH EDITION EASTON, HALSEY, MC ANNALLY
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Financial Accounting for MBAs 
Learning Objectives – Coverage by question 
True/False Multiple Choice 
LO1 – Explain and assess the four main business 
activities. 
LO2 – Identify and discuss the users and suppliers 
offinancial statement information. 
1- 4 1, 2 
LO3 – Describe and examine the four financial 
statements, and define the accounting equation. 
5-10 3-19 
LO4 – Explain and apply the basics of profitability 
analysis. 
 
LO5 – Assess business operations within the 
cont...
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Certified Management Accountant questions with correct answers
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TC=(VCs xQs) + FCs Correct Answer-Master Budget uses standard quantity 
 
TC=(VCs x Qa) + FCs Correct Answer-Flexible Budget uses actual quantity 
 
ROA Correct Answer-ROA =Profit Margin x Asset Turnover 
 
Income/Assets = Income/Sales x Sales/Total Assets 
 
ROA numerator issues Correct Answer-There are two major issues for measurement of income in the numerator: (a) income taxes, and (b) GAAP. 
 
ROA Denominator issues Correct Answer-Denominator Issues 
It is in this figure that there are a wi...
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