Which of the following represents an Investing cash outflow? Select one: a.An increase in holdings of stocks of other companies b.A decrease in Accounts payable c.A decrease in Accumulated depreciation d.A decrease in gross property, plant and equipment
Which of the following represents an Investing cash outflow? Select one: a.An increase in holdings of stocks of other companies b.A decrease in Accounts payable c.A decrease in Accumulated depreciation d.A decrease in gross property, plant and equipment
Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter6: Statement Of Cash Flows
Section: Chapter Questions
Problem 41P
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Question
1. Which of the following represents an Investing
Select one:
a.An increase in holdings of stocks of other companies
b.A decrease in Accounts payable
c.A decrease in Accumulated depreciation
d.A decrease in gross property, plant and equipment
2.Starbuck Inc. reported EPS of $2.30 for 2013. In 2013 Starbuck had earnings available to common stockholders of $1,380,000. How many outstanding shares of common stock did Starbuck have in 2013?
Select one:
a. 400,000
b.600,000
c.3,600,000
d.3,174,000
3.
Which of the following statements are false? Select all that apply.
Select one or more:
a. Return on total assets (ROA) is sometimes called return on investment
b. Liquidity ratios are used to measure the speed with which various accounts are converted into sales.
c. A P/E ratio of 20 indicates that investors are willing to pay $20 for each $1 of earnings.
d. When ratios of different years are being compared, inflation should be taken into consideration
e. Generally, inventory is concerned with the most liquid asset that a firm possesses.
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