公司理财英文版题库3.doc

CHAPTER3FinancialStatementAnalysis,Planning,andGrowth

MultipleChoiceQuestions:

I.DEFINITIONS

LONG-TERMPLANNING

c1.Onekeyreasonalong-termfinancialplanisdevelopedisbecause:

a.theplandeterminesyourfinancialpolicy.

b.theplandeterminesyourinvestmentpolicy.

c.therearedirectconnectionsbetweenachievablecorporategrowthandthefinancialpolicy.

d.thereisunlimitedgrowthpossibleinawell-developedfinancialplan.e.Noneoftheabove.

PROFORMASTATEMENTS

b2.Projectedfuturefinancialstatementsarecalled:

a.plugstatements.

b.proformastatements.c.reconciledstatements.d.aggregatedstatements.e.noneoftheabove.

PERCENTAGEOFSALES

e3.Thepercentageofsalesmethod:

a.requiresthatallaccountsgrowatthesamerate.

b.separatesaccountsthatvarywithsalesandthosethatdonotvarywithsales.

c.allowstheanalysttocalculatehowmuchfinancingthefirmwillneedtosupportthepredictedsaleslevel.

d.BothAandB.e.BothBandC.

COMMON-SIZESTATEMENTS

e4.Astandardizesitemsontheincomestatementandbalancesheetasapercentage

oftotalsalesandtotalassets,respectively.

a.taxreconciliationstatementb.statementofstandardizationc.statementofcashflows

d.common-baseyearstatemente.common-sizestatement

FINANCIALRATIOS

a5.Relationshipsdeterminedfromafirm’sfinancialinformationandusedforcomparison

purposesareknownas:

a.financialratios.

b.comparisonstatements.c.dimensionalanalysis.d.scenarioanalysis.

e.solvencyanalysis.

SHORT-TERMSOLVENCYRATIOS

c6.Financialratiosthatmeasureafirm’sabilitytopayitsbillsovertheshortrunwithout

unduestressareknownasratios.

a.assetmanagementb.long-termsolvencyc.short-termsolvencyd.profitability

e.ma