Blue Angel,Inc.generated sales of $420,000 in the year 2014.The accountant provided the following additional information: \[\begin{array} { l r } \text { Net profit margin } & 3 \% \\ \text { Total Shareholder's equity } & \$ 112,000 \\ \text { Total assets } & \$ 280,000 \end{array}\] Using the DuPont model,calculate the return on equity of the company.

A) 1.8% B) 5% C) 11.25% D) 0.8% A) 1.8% B) 5% C) 11.25% D) 0.8%

Arcket,Inc.is a publicly traded nonmanufacturing company.The following information is available from its financial statements: \[\begin{array} { l r } \text { Net working capital } & \$ 200,000 \\ \text { Retained earnings } & \$ 125,000 \\ \text { Eamings before Interest and taxes } & \$ 375,000 \\ \text { Market value of equity } & \$ 1,015,000 \\ \text { Book value of total debt } & \$ 1,750,000 \\ \text { Total assets } & \$ 2,500,000 \\ \text { Sales } & \$ 1,500,000 \end{array}\] Calculate and interpret the Altman's Z-score for Arcket,Inc.

A) 1.6084; Bankrupt B) 2.312; Zone of ignorance C) 1.40816; Zone of ignorance D) 2.9108; Non-bankrupt A) 1.6084; Bankrupt B) 2.312; Zone of ignorance C) 1.40816; Zone of ignorance D) 2.9108; Non-bankrupt

Exam 5: Financial Statements Analysis Reading Between the Lines

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Judith Corp.has current assets worth $50,000 and current liabilities worth $75,000.Current assets include inventory of $10,000.Calculate acid test ratio.

(Multiple Choice)

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Question 41

Which of the following is a difference between conservatism principle and materiality principle?

(Multiple Choice)

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Question 42

Which of the following is true of the application of ratio analysis?

(Multiple Choice)

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Question 43

Blue Angel,Inc.generated sales of $420,000 in the year 2014.The accountant provided the following additional information: Net profit margin 3\% Total Shareholder's equity \ 112,000 Total assets \ 280,000 Using the DuPont model,calculate the return on equity of the company.

(Multiple Choice)

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Question 44

What is content analysis?

(Essay)

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Question 45

Arcket,Inc.is a publicly traded nonmanufacturing company.The following information is available from its financial statements: Net working capital \ 200,000 Retained earnings \ 125,000 Eamings before Interest and taxes \ 375,000 Market value of equity \ 1,015,000 Book value of total debt \ 1,750,000 Total assets \ 2,500,000 Sales \ 1,500,000 Calculate and interpret the Altman's Z-score for Arcket,Inc.

(Multiple Choice)

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Question 46

Financial ratios represent effects,not causes.

(True/False)

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Question 47

Which of the following is the correct formula for calculating dividend yield?

(Multiple Choice)

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Question 48

The journal entry testing prescribed by SAS No.99 identifies several common characteristics of fraudulent entries.Which of the following is one such characteristic?

(Multiple Choice)

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Question 49

Methods of financial statements analysis are most effectively applied together in a reiterative (rather than sequential)process.

(True/False)

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Question 50

Showing 41 - 50 of 50

Judith Corp.has current assets worth $50,000 and current liabilities worth $75,000.Current assets include inventory of $10,000.Calculate acid test ratio.

Which of the following is a difference between conservatism principle and materiality principle?

Which of the following is true of the application of ratio analysis?

Blue Angel,Inc.generated sales of $420,000 in the year 2014.The accountant provided the following additional information: Net profit margin 3\% Total Shareholder's equity \ 112,000 Total assets \ 280,000 Using the DuPont model,calculate the return on equity of the company.

What is content analysis?

Financial ratios represent effects,not causes.

Which of the following is the correct formula for calculating dividend yield?

The journal entry testing prescribed by SAS No.99 identifies several common characteristics of fraudulent entries.Which of the following is one such characteristic?

Methods of financial statements analysis are most effectively applied together in a reiterative (rather than sequential)process.

Introduction to the World of Forensic Accounting

The Legal Environment of Forensic Accounting

Screening and Staging Engagements

Gathering Evidence Interviews and Observations

Fraud and White-Collar Crime

Conducting a Fraud Investigation

Transforming Data Into Evidence

Transforming Data Into Evidence

Professional Responsibilities

Fundamentals of Business Valuation

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