Show:
Category A
Category B
Category C
Category D
100
credit sales made to customers is? A. Fixed asset B. Profit C. Receivable D. Account payable
C. Receivable
100
1. Below is an asset, except… a. Property b. Equipment c. Client list d. Capital lease
d. Capital lease
100
1. What is production schedule? a. A schedule of a company when the operational process occurs in a period of time b. A plan for a company to manage their inventories in each time period c. A timetable for the use of resources and processes required by a business to produce goods or provide services d. A plan for a company to manage their cash flows
c. A timetable for the use of resources and processes required by a business to produce goods or provide services
100
An example of Venture Leverage? a. EBDAT b. EBITDA c. EBITD d. DEBIT
a. EBDAT
200
The primary venture footprints are recorded in its.. A. income statement and cash holdings B. balance sheet and income statement C. annual cashflow and income statement D. assets, liabilities, and equity
B.balance sheet and income statement
200
2. Which of these is current asset… a. Cash b. Building c. Furniture d. Vehicle
a. Cash
200
2. What is inventories schedule? a. A plan for a company to manage their cash flows b. A schedule of a company when the operational process occurs in a period of time c. A plan for a company to manage their inventories in each time period d. A timetable for the use of resources and processes required by a business to produce goods or provide services
c. A plan for a company to manage their inventories in each time period
200
EBDAT is . . . a. Earnings before depreciation, amortization, and taxes. b. A firm’s earnings before interest, taxes, depreciation, and amortization. c. Amount of revenues (i.e., survival revenues) needed to cover a venture’s cash operating expenses. d. Earnings before depreciation.
a. Earnings before depreciation, amortization, and taxes.
300
What is calculated as net sales minus the cost of production A. Net income B. Earnings C. Gross earnings D. Gross profit
C. Gross earnings
300
3. Balance sheet is… a. Total Assets = Total Liabilities - Owners’ Equity b. Total Assets = Total Liabilities + Owners’ Equity c. Owners’ Equity = Total Assets + Total Liabilities d. Owners’ Equity = Total Assets - Total Liabilities
b. Total Assets = Total Liabilities + Owners’ Equity
300
1. What is statement of cash flows? a. Financial statement that shows how liabilities, as reflected in accrual accounting, flowed into and out of the company during a specific period of operation b. Financial statement that shows how cash, as reflected in accrual accounting, flowed into and out of the company during a specific period of operation c. Financial statement that shows how equity, as reflected in accrual accounting, flowed into and out of the company during a specific period of operation d. Financial statement that shows how cash, as reflected in accrual accounting, flowed out of the company during a specific period of operation
b. Financial statement that shows how cash, as reflected in accrual accounting, flowed into and out of the company during a specific period of operation
300
EBITDA is . . . a. Earnings before depreciation, amortization, and taxes. b. A firm’s earnings before interest, taxes, depreciation, and amortization. c. Amount of revenues (i.e., survival revenues) needed to cover a venture’s cash operating expenses. d. Earnings before depreciation.
A firm’s earnings before interest, taxes, depreciation, and amortization.
400
What is earnings before interest and taxes, also called operating income A. Operating Income B. EBIT C. GROSS PROFIT D. EBITDA
B. EBIT
400
4. In the balance sheet, which of these are BOTH in the Liability and Equity side… a. RECEIVABLE and PAYABLE b. INVENTORIES AND RECEIVABLE c. PAYABLE AND BANK LOANS d. BANK LOAND AND RECEIVABLE
c. PAYABLE AND BANK LOANS
400
2. When does net cash burn occur? a. When the sum of cash flows from operations and investing is negative b. When the sum of cash flows from production and investing is negative c. When the sum of cash flows from production and investing is positive d. When the sum of cash flows from operations and investing is positive
a. When the sum of cash flows from operations and investing is negative
400
EBDAT formula a. EBDAT = Cash Flow Costs (CFC) – Revenues (R) – Variable Cost (VC) b. EBDAT = Cash Flow Costs (CFC) – Variable Cost (VC) – Revenues (R) c. EBDAT = Variable Cost (VC) – Cash Flow Costs (CFC) – Revenues (R) d. EBDAT = Revenues (R) – Variable Cost (VC) – Cash Flow Costs (CFC)
d. EBDAT = Revenues (R) – Variable Cost (VC) – Cash Flow Costs (CFC)
500
income statement A. accumulated profits (or losses) retained in the business from operations B. cost of materials and labor incurred to produce the products that were sold C. net sales minus the cost of production D. financial statement that reports the revenues generated and expenses incurred over an accounting period
D. financial statement that reports the revenues generated and expenses incurred over an accounting period
500
5. Leases that provide maintenance in addition to financing and are also usually cancelable is… a. Operating leases b. Capital leases c. Leverage leases d. Cross border lease
a. Operating leases
500
3. When does net cash build exist? a. When the sum of cash flows from operations and investing is negative b. When the sum of cash flows from production and investing is positive c. When the sum of cash flows from production and investing is negative d. When the sum of cash flows from operations and investing is positive
d. When the sum of cash flows from operations and investing is positive
500
Cash Flow Breakeven is . . . a. A damaged cash flow. b. When a cash flow gets surplus. c. Cash flow at zero for a specific period (EBDAT = 0). d. Low profit cash flow.
c. Cash flow at zero for a specific period (EBDAT = 0).