Corporate Finance Questions and Answers Grade A+ 2023
What number on the BS will generally equal a firms net worth? - -Shareholder equity= Assets - liabilities -Basic Balance sheet equation - -Assets= liabilities + shareholder equity -What do the asset values shown on the BS reflect? - -Book Value—the historical price ar which the asset was acquired. -Why are cash flow from operating activities and net income not the same? - -Net Income is measured by accrual accounting. -Which cash flow would most want to be positive each year? - -Operating Activities -If income statement shows that revenues were "booked" for sales Ks that were not yet binding (TOOLWORKS), which of following could CLEARLY assert a due diligence defense? - -Underwriter; Second--LAwyer
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- 25 april 2023
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corporate finance questions and answers grade a 2023
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