100 credits to whoever can help me score on my finance assessment! Please help immediately!
1: measuring ___ involves analyzing the income statement and balance sheet.
A: cash flow
B: financing
C: operating expenses
D: Profit
2: which of the following is not an example of accrual Basis accounting?
A: cash and credit sales are reported at the time of the transaction rather than at the time the money from the credit sales were actually received.
B: Actual sales are reported when cash is received
C: a purchase financed through credit is an expense that does not affect cash flow
D: the purchase of a piece of equipment designed to last longer than one year is listed as a depreciating asset
3: ___ is the price a firm paid to acquire an asset.
A: book value
B: Market value
C: Markup Price
D: fair value
4: when assessing the values of a business, ___ is most important.
A: capital
B: assets
C: cash flow
D: Profit
5: when identifying cash flows, depreciation is
A: subtracted from gross income
B: added back to net income
C: subtracted from total sales
D: added to accounts receivable
6: free cash flow is the available cash after ___ have been paid.
A: creditors and shareholders
B: shareholders, creditors, and taxes
C: operating expenses, creditors, and taxes
D: operating expenses, creditors, and shareholders
7: ___ is a non cash expense representing the cost of assets as they lose value overtime.
A: amortization
B: depreciation
C: liability
D: negative interest
8: when is historical data not useful?
A: to determine the amount of money needed for a future project
B: To predict sales based on past growth
C: to plan for future years operation costs
D: to adjust for a sudden cost increase of a resource
9: which of the following is not how a pro Firma financial statement is used?
A: to analyze the effects of the firms forecasts on its financial performance
B: to determine the amount of money needed for a future project
C: to reflect the current business environment
D: to predict future years operations
10: the difference between the historic price a firm paid and it’s going price among current buyers and sellers is the difference between its
A: market value and depreciation
B: book value and depreciation
C: Market value and intrinsic value
D: Book value and market value