FIN 305 Week 4 Exam 2 - Requires Respondus LockDown Browser +
Webcam |Questions and Answers Latest Updated (Graded A+)
Due Feb 7 at 11:59pm Points 100 Questions 29
Time Limit 120 Minutes Requires Respondus LockDown Browser
Instructions
Before you begin:
1. Download the Dover Downs Income Statement.
2. Download and print the financial statements for Cline Custom Bikes.
You have 2 hours to complete the test (and that should be plenty of time). You MUST show work for
all problems that require any type of calculation (that includes ratios - for ratios show me first
the generic ratio and then plug in the numbers). DO NOT spend too much time on the M/C.
The questions are available "all at once" for this test. Also, once you start the test you must
complete it - if you "log-off" the timer will continue to run!
Attempt History
Attempt Time Score
LATEST Attempt 1 107 minutes 98 out of 100
! Correct answers are hidden.
Score for this quiz: 98 out of 100
Submitted Feb 7 at 2:08pm
This attempt took 107 minutes.
Incorrect Question 1 pts
Page 1 of 1U
, Total assets less current assets equals:
gross profits
net fixed assets
current assets
liabilities and stockholder's equity
Question 2 pts
2. The provided a financial summary of the firm's
operating results during a specified period.
a. income statement
b. balance sheet
c. statement of cash flows
d. statement of retained earnings
Question 3 pts
3. Net profits after taxes are defined as:
Page 2 of 1U
, gross profits minus operating expenses
sales revenue minus cost of goods sold
EBIT minus interest
EBIT minus interest and taxes
WHO CARES! Like I'm really going to use this stuff anyway! (Note
to students: this is NOT the corect answer)
Question 4 pts
4. Earnings available to common shareholders are defined as net
profits
a. after taxes
b. after taxes minus preferred dividends
c. after taxes minus common dividends
d. before taxes
Question 5 pts
5. The organization that sets the rules for the accointing profession:
Page 3 of 1U
Webcam |Questions and Answers Latest Updated (Graded A+)
Due Feb 7 at 11:59pm Points 100 Questions 29
Time Limit 120 Minutes Requires Respondus LockDown Browser
Instructions
Before you begin:
1. Download the Dover Downs Income Statement.
2. Download and print the financial statements for Cline Custom Bikes.
You have 2 hours to complete the test (and that should be plenty of time). You MUST show work for
all problems that require any type of calculation (that includes ratios - for ratios show me first
the generic ratio and then plug in the numbers). DO NOT spend too much time on the M/C.
The questions are available "all at once" for this test. Also, once you start the test you must
complete it - if you "log-off" the timer will continue to run!
Attempt History
Attempt Time Score
LATEST Attempt 1 107 minutes 98 out of 100
! Correct answers are hidden.
Score for this quiz: 98 out of 100
Submitted Feb 7 at 2:08pm
This attempt took 107 minutes.
Incorrect Question 1 pts
Page 1 of 1U
, Total assets less current assets equals:
gross profits
net fixed assets
current assets
liabilities and stockholder's equity
Question 2 pts
2. The provided a financial summary of the firm's
operating results during a specified period.
a. income statement
b. balance sheet
c. statement of cash flows
d. statement of retained earnings
Question 3 pts
3. Net profits after taxes are defined as:
Page 2 of 1U
, gross profits minus operating expenses
sales revenue minus cost of goods sold
EBIT minus interest
EBIT minus interest and taxes
WHO CARES! Like I'm really going to use this stuff anyway! (Note
to students: this is NOT the corect answer)
Question 4 pts
4. Earnings available to common shareholders are defined as net
profits
a. after taxes
b. after taxes minus preferred dividends
c. after taxes minus common dividends
d. before taxes
Question 5 pts
5. The organization that sets the rules for the accointing profession:
Page 3 of 1U
