1. Question: How is Cash at the beginning of the period determined?

    A
    It depends on the company's AR level.

    B
    It is determined by looking at revenues.

    C
    It is determined through a complex calculation involving interest.

    D
    It is taken from the prior period's ending cash balance.

    Note: Not available
    1. Report
  2. Question: A company has a pre-money valuation of $1,000,000. An investor will invest $100,000. The post-money valuation is _________________.

    A
    $900,000

    B
    $1,000,000

    C
    $1,100,000

    D
    $2,200,000

    Note: Not available
    1. Report
  3. Question: Valuation can be calculated by ____________________.

    A
    discounting net income for the next several years

    B
    applying a fixed percentage to tax liability

    C
    examining Rent Expense

    D
    Total Retained Earnings

    Note: Not available
    1. Report
  4. Question: Valuation will typically trend _______________.

    A
    in a straight line; valuation does not change

    B
    upwards over time as the company increases sales

    C
    downwards over time as the company increases sales

    D
    upwards over time as the company decreases sales

    Note: Not available
    1. Report
  5. Question: Why would a company be conservative when projecting revenues?

    A
    Being conservative is better than being overly optimistic.

    B
    The company wants to show the highest possible revenue.

    C
    Being conservative reduces the firm's tax liability.

    D
    Being conservative is required by law.

    Note: Not available
    1. Report
  6. Question: Valuation is a ______________________.

    A
    result of Net Income, Sales, and Cash Flow

    B
    result of Accounts Receivable

    C
    result of Accounts Payable

    D
    result of Equity and Retained Earnings

    Note: Not available
    1. Report
  7. Question: Another name for the Balance Sheet is ____________________.

    A
    Statement of Financial Position

    B
    Cash Flow Statement

    C
    Statement of Retained Earnings

    D
    Statement of Accounts

    Note: Not available
    1. Report
  8. Question: Which of the following decisions could be made by examining the Balance Sheet?

    A
    To increase production

    B
    To hire another key executive

    C
    To reduce payroll by 20%

    D
    To collect more aggressively on a growing receivables balance

    Note: Answer not sure
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