hello I have an QUIZ questions , the questions are attached

QUESTION 1

1. On the balance sheet, if assets increase and liabilities are unchanged then owner’s equity would also increase.

 True

 False

5 points   

QUESTION 2

1. Market value can be greater than book value.

 True

 False

5 points   

QUESTION 3

1. Profits equal cash.  

 True

 False

5 points   

QUESTION 4

1. On a year to year basis, cash balances on a company’s balance sheet will increase by the amount of profits a company earns. 

 True

 False

5 points   

QUESTION 5

1. The current ratio measures the profitability of a company. 

 True

 False

5 points   

QUESTION 6

1. The gross profit margin will always be higher than the operating profit margin. 

 True

 False

5 points   

QUESTION 7

1. Over time money loses value.  

 True

 False

5 points   

QUESTION 8

1. An annuity represents periodic payments of the same amount.

 True

 False

5 points   

QUESTION 9

1. Since it is an expense depreciation reduces a company’s cash flow. 

 True

 False

5 points   

QUESTION 10

1. One potential source of cash for a company is investing. 

 True

 False

5 points   

QUESTION 11

1. Which profit margin would be greatest

		gross
		operating
		net

5 points   

QUESTION 12

1. Which type of ratio analysis compares a company’s performance to that of competitors

		time series
		cross sectional
		neither A or B

5 points   

QUESTION 13

1. Liabilities equal:

		assets
		owner's equity
		assets minus owner's equity

5 points   

QUESTION 14

1. Which financial statement is prepared at a specific point of time?

		balance sheet
		income statement
		cash flow statement

5 points   

QUESTION 15

1. Information needed to derive profitability ratios would be sourced from which financial statement?

		balance sheet
		income statement
		both A and B

5 points   

QUESTION 16

1. At year end December 31, 2020 a company’s current assets were $327,621 and current liabilities were $174,576 the company’s current ratio would be:

5 points   

QUESTION 17

1. A company has revenues of $123,450, cost of goods sold of $61,518 and operating expenses of $49,523.  What is the company’s operating profit margin?   

5 points   

QUESTION 18

1. A company has an operating profit of $15,476 and interest expense of $8,461.  What is the interest coverage ratio?

5 points   

QUESTION 19

1. You make one $2,000 investment for 7 years and earn interest at a rate of 4.5% annually.  How much will you have after 7 years?  

5 points   

QUESTION 20

1. You will receive $10,000 in 5 years.  If the discount (interest rate) is 6.25% how much is that amount worth today?  

5 points