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1- can a business operate without financial statement?
yes or no?
2-most assets have a depreciable life cycle set by the organization.
true or false
3-what are the two components that make up a cash forecasts?
4-who prepares the sale forecasts?
5-which is more important to today's organizations?
a- long-term plans
b- strategic plans
c- short-term plans
d- operating plans
6 Earnings per share (EPS) are a measurgement that stockholders, stackholders and management use to evaluate a company financial health?
Yes or No
7-what do companies do if they have cash flow deficit?
8-which cash budget scenario would you use if you were the financial manager? explain why ?
a- pessimistic
b-most likely
c- optimistic
9- how often are income statement generally prepared?
10-Inventory-turnover is calculated by diving cost of good sold by Current liability?
yes or no
At the end of three years, how much is an initial deposit of $100 worth, assuming a compound annual interest rate of (i) 100 percent? (ii) 10 percent? (iii) 0 percent?
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At year-end 2013, Wallace Landscaping total assets were $1.0 million and its accounts payable were $350,000. Sales, which in 2013 were $2.5 million, are expected to increase by 25% in 2014. Total assets and accounts payable are proportional to sales,..
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