金融学原英文第七单元课后答案.docVIP

Answers and Solutions: 7 CHAPTER 7 ANSWERS 7-1 The four financial statements contained in most annual reports are the balance sheet, income statement, statement of retained earnings, and statement of cash flows. 7-2 No, because the $20 million of retained earnings probably would not be held as cash. The retained earnings figure represents the reinvestment of earnings by the firm. Consequently, the $20 million would be an investment in all of the assets of the firm. 7-3 Liquidating assets, borrowing more funds, and issuing stock would constitute sources of funds. Purchasing assets, payin