Reference no: EM132656140
Problem 1: What accounts are included in working capital?
Group of answer choices
Option 1: net revenue and profit for the year
Option 2: none of these
Option 3: total assets and total liabilities less cash
Option 4: non-current assets and long-term liabilities
Option 5: current assets and current liabilities
Problem 2: Debt/coverage ratios measure two things: (1) capital structure of a business and (2) its ability to service its debt.
Group of answer choices
True
False
Problem 3: A benchmark is an excellent industry norm to which one's own financial ratios can be compared.
Group of answer choices
True
False
Problem 4: Minimizing liquidity is an excellent way to meet a company's short-term financial obligations.
Group of answer choices
True
False
Problem 5: Which of the following is a source of internal financing?
Group of answer choices
Option 1: revenue
Option 2: long-term borrowings
Option 3: none of these
Option 4: depreciation/amortization
Option 5: mortgages