Exam 14: Financial Statement Analysis

The financial statements of Flathead Lake Manufacturing Company are given below: Note: The common shares are trading in the stock market for $15 per share -Refer to the financial statements of Flathead Lake Manufacturing Company.The firm's debt to equity ratio for 2007 is _________.

The financial statements of Burnaby Mountain Trading Company are given below. Note: The common shares are trading in the stock market for $27 each. -Refer to the financial statements of Burnaby Mountain Trading Company.The firm's times interest earned ratio for 2008 is _________.

One of the biggest impediments to a global capital market is _________.

Cost of goods sold refers to ___________.

The financial statements of Flathead Lake Manufacturing Company are given below: Note: The common shares are trading in the stock market for $15 per share -Refer to the financial statements of Flathead Lake Manufacturing Company.The firm's inventory turnover ratio is _________.Please keep in mind that when a ratio involves both income statement and balance sheet numbers,the balance sheet numbers for the beginning and end of the year must be averaged.

Which of the following is not one of the three key financial statements available to investors in publicly traded firms?

The financial statements of Burnaby Mountain Trading Company are given below. Note: The common shares are trading in the stock market for $27 each. -Refer to the financial statements of Burnaby Mountain Trading Company.The firm's market-to-book-value for 2008 is _________.

A firm has a P/E ratio of 24 and a ROE of 12%.Its market-to-book-value ratio is _________.

The financial statements of Flathead Lake Manufacturing Company are given below: Note: The common shares are trading in the stock market for $15 per share -Refer to the financial statements of Flathead Lake Manufacturing Company.In 2007 Flathead generated ______ of EBIT for every dollar of sales.

Use the following cash flow data of Haven Hardware for the year ended December 31, 2008. -What is the net increase or decrease in cash for Haven Hardware for 2008?

The financial statements of Burnaby Mountain Trading Company are given below. Note: The common shares are trading in the stock market for $27 each. -Refer to the financial statements of Burnaby Mountain Trading Company.The firm's return on sales ratio for 2008 is _________.

The highest possible value for the interest burden ratio is ______ and this occurs when the firm _________.

The financial statements of Burnaby Mountain Trading Company are given below. Note: The common shares are trading in the stock market for $27 each. -Refer to the financial statements of Burnaby Mountain Trading Company.The firm's leverage ratio for 2008 is _________.

Use the following cash flow data of Haven Hardware for the year ended December 31, 2008. -What is the net cash provided by or used in investing activities of Haven Hardware?

Benjamin Graham thought that the benefits from detailed analysis of a firm's financial statements had _________ over his long professional life.

All of the following ratios are related to efficiency except for _______.

A firm purchases goods on credit worth $150.The same firm pays off $100 in old credit purchases.An investment is made via the purchase of a new facility and equity is issued in the amount of $300 to pay for the purchase.What is the change in net cash provided by operations?

A firm has a compound leverage factor greater than 1 indicates that ______.

The financial statements of Flathead Lake Manufacturing Company are given below: Note: The common shares are trading in the stock market for $15 per share -Refer to the financial statements of Flathead Lake Manufacturing Company.The industry average ACP is 32 days.How is Flathead doing in its collections relative to the industry? (Please keep in mind that when a ratio involves both income statement and balance sheet numbers,the balance sheet numbers for the beginning and end of the year must be averaged.)

The financial statements of Flathead Lake Manufacturing Company are given below: Note: The common shares are trading in the stock market for $15 per share -Refer to the financial statements of Flathead Lake Manufacturing Company.The firm's compound leverage ratio is __________.Please keep in mind that when a ratio involves both income statement and balance sheet numbers,the balance sheet numbers for the beginning and end of the year must be averaged.