BUSINESS FINANCE教学资料 Tutorial 3.pdfVIP

Tutorial 3: Financial Statement Analysis 1. The percentage of the next euro you earn that must be paid in taxes is referred to as the _______ tax rate. 2. The cash flow of a firm which is available for distribution to the firms creditors and shareholders is called the: 3. The higher the degree of financial leverage employed by a firm, the: 4. Noncash items refer to: 5. Which term relates to the cash flow which results from a firms ongoing, normal business activities? 6. Cash flow to stockholders is: 7. Depreciation: 8. Which one of the following statements related to the cash flow from financing is correct? 9. The Daily News had net income of $121,600 of which 40 percent was distributed to the shareholders as dividends. During the year, the company sold $75,000 worth of common stock. What is the cash flow to stockholders? 10. A firm has total debt of $1,450 and a debt-equity ratio of 0.30. What is the value of the total assets? 11. Marios Home Systems has sales of $2,780, costs of goods sold of $2,120, inventory of $496, and accounts receivable of $426. How many days, on average, does it take Marios to sell its inventory? 12. Jupiter Explorers has $8,400 in sales. The profit margin is 3 percent. There are 6,200 shares of stock outstanding. The market price per share is $1.40. What is the price-earnings ratio? Use the above information for the next 2 problems: 13. Windswept, Inc. has 580 million shares of stock outstanding. Its price-earnings ratio for 2010 is 16. What is the market price per share of stock? 14. What amount should be included in the financing section of the 2010 statement of cash flows for dividends paid? $926 million $250 million $981 million $625 million $455 million