[02] Lesson 2 Exam - Results
Attempt 1 of 2
Written Jun 13, 2025 10:40 AM - Jun 13, 2025 10:47 AM
Attempt Score - 90 %
Overall Grade (Highest Attempt) - 90 %
Question 1 points
Cash flow from assets ≡:
a) cash flow to creditors + cash flow to owners.
b) cash flow from operating activities + cash flow from financing
activities.
c) cash flow from financing activities + cash flow from investing
activities.
d) cash flow from creditors + cash flow from investing activities.
Question 2 points
The income statement begins with revenue and subtracts operating expenses
to get:
, a) earnings after taxes.
b) net income.
c) taxable income.
d) EBIT.
Question 3 points
If you query a company at finance.yahoo.com, you will see a menu that
includes a section on financial statements and provides:
a) the past six years of each of the primary financial statements.
b) provides, at a cost, online access to limited information on a
company's financial reports.
c) the past three years of each of the primary financial statements.
d) provides an online tutorial on how to understand the government's
role in affecting stock prices.
Question 4 points
The purpose of studying financial statements is:
Attempt 1 of 2
Written Jun 13, 2025 10:40 AM - Jun 13, 2025 10:47 AM
Attempt Score - 90 %
Overall Grade (Highest Attempt) - 90 %
Question 1 points
Cash flow from assets ≡:
a) cash flow to creditors + cash flow to owners.
b) cash flow from operating activities + cash flow from financing
activities.
c) cash flow from financing activities + cash flow from investing
activities.
d) cash flow from creditors + cash flow from investing activities.
Question 2 points
The income statement begins with revenue and subtracts operating expenses
to get:
, a) earnings after taxes.
b) net income.
c) taxable income.
d) EBIT.
Question 3 points
If you query a company at finance.yahoo.com, you will see a menu that
includes a section on financial statements and provides:
a) the past six years of each of the primary financial statements.
b) provides, at a cost, online access to limited information on a
company's financial reports.
c) the past three years of each of the primary financial statements.
d) provides an online tutorial on how to understand the government's
role in affecting stock prices.
Question 4 points
The purpose of studying financial statements is:
