Fınancıal Statement Analysıs (ENG) — 2021-2022 Ara Çıkmış Sınav

1. ABC Company presented the following comparative financial statements analysis table. Absolute Change 2018 2019 Change Sales 2,500,000 3,000,000 500,000 A? Cost of B? C? Sales 1,500,000 -50 % What are the missing values? A) A=20%, B=2,250,000, C=o750,000 B) A=16,7%, B=750,000, C=-750,000 C) A=20%, B=750,000, C=-750,000 D) A=16,7%, B=2,250,000, C=-750,000 E) A=20%, B=1,250,000, C=-250,000

2. What do proportions mean in the evaluation of vertical income statement? A) The proportion of the item to net profit B) The proportion of the item to profit C) The proportion of the item to gross sales D) The proportion of the item to cost of sales E) The proportion of the item to net sales

3. Which of the following is correct for accounting analysis? A) It is journalizing financial transactions, posting them to ledger and preparing trial balance. B) It is made to attract decision makers so that they buy shares of the business. C) It evaluates the ability of the accounting system to demonstrate the activities of a business entity. of. D) It is made at the end of financial year. E) It is made to maximize the net income.

Type of Analysis Focus of analysis A. Investment 1. Effectiveness / efficiency analysis B. Management 2. Liquidity / solvency analysis C. Credit 3. Profitability / analysis sustainability / earning power In which of the following does the relationship between the types of analysis and the analysis focus given above is correctly presented? 10 A) A:2, B: 1 , C:3 B) A:3 , B: 1 ,C:2 C) A:3 , B:2 , C: 1 D) A:2 , B:3, C:1 E) A:1 , B:3 , C:2

5. Which of the following is true for income statement? A) Reports the financial performance for a time period. B) Reports the financial performance as of a specific date. C) It reports the ability to pay the debts of a business. D) It reports the net income or loss which is the difference between assets and liabilities. E If the total of revenues and assets are higher than the total of expenses and liabilites, than it reports a net income.