财务管理 chapter3 习题.doc

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1、Chapter03FinancialStatementsAnalysisandLong-TermPlanningAnswerKey MultipleChoiceQuestions1. Onekeyreasonalong-termfinancialplanisdevelopedisbecause: A. theplandeterminesyourfinancialpolicy.B. theplandeterminesyourinvestmentpolicy.C. therearedirectconnection

2、sbetweenachievablecorporategrowthandthefinancialpolicy.D. thereisunlimitedgrowthpossibleinawell-developedfinancialplan.E. Noneoftheabove.Difficultylevel:EasyTopic:LONG-TERMPLANNINGType:DEFINITIONS c2. Projectedfuturefinancialstatementsarecalled: A. plugstat

3、ements.B. proformastatements.C. reconciledstatements.D. aggregatedstatements.E. noneoftheabove. Difficultylevel:EasyTopic:PROFORMASTATEMENTSType:DEFINITIONS B3. Thepercentageofsalesmethod: A. requiresthatallaccountsgrowatthesamerate.B. separatesaccountsthat

4、varywithsalesandthosethatdonotvarywithsales.C. allowstheanalysttocalculatehowmuchfinancingthefirmwillneedtosupportthepredictedsaleslevel.D. BothAandB.E. BothBandC. Difficultylevel:MediumTopic:PERCENTAGEOFSALESType:DEFINITIONS E4. A_____standardizesitemsonth

5、eincomestatementandbalancesheetasapercentageoftotalsalesandtotalassets,respectively. A. taxreconciliationstatementB. statementofstandardizationC. statementofcashflowsD. common-baseyearstatementE. common-sizestatement Difficultylevel:EasyTopic:COMMON-SIZESTA

6、TEMENTSType:DEFINITIONS E5. Relationshipsdeterminedfromafirm'sfinancialinformationandusedforcomparisonpurposesareknownas: A. financialratios.B. comparisonstatements.C. dimensionalanalysis.D. scenarioanalysis.E. solvencyanalysis. ADifficultylevel:EasyTopic:F

7、INANCIALRATIOSType:DEFINITIONS 6. Financialratiosthatmeasureafirm'sabilitytopayitsbillsovertheshortrunwithoutunduestressareknownas_____ratios. A. assetmanagementB. long-termsolvencyC. short-termsolvencyD. profitabilityE. marketvalue Difficultylevel:EasyTopi

8、c:SHORT-TERMSOLVENCYRATIOSType:DEFINITIONS C7. Thecurrentratioismeasuredas: A. currentassetsminuscurrentliabilities.B. currentassetsdividedbycurrentliabilities.C. currentliabilitiesminusinventory,divid