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

1. Which of the following is correct for accrual basis? A) Debt is recognized at the time of payment. B) Revenues are only earned when the cash collection is made. C) Cash flows from operations is equal to net income. D) Expenses only incur when the payment is made. E) The date of the actual transaction is taken into consideration.

2. Which of the following is the main function of current assets owned by a company? A) Payment of long-term liabilities B) Use to pay short and long-term liabilities C) To finance fixed asset D) Payment of short-term liabilities and maintaining daily activities E) To make up for the lack of funds

3. In DuPont analysis what are the subcomponents of ROA? A) Gross Profit Margin and Return on Asset B) Net Profit Margin and Asset Turnover C) Gross Profit Margin and Asset Turnover D) Net Profit Margin and Return on Asset E) Operating Profit Margin and Return on Asset

4. If the days inventory outstanding is 40 days, days sales outstanding is 50 days, and the days payable outstanding is 30 days, which of the following is correct? A) The operating cycle is 40 days. B) The operating cycle is 120 days. C) The cash conversion cycle is 90 days. of. D) The cash conversion cycle is 60 days. E) The cash conversion cycle is 120 days.

5. If the debt ratio is %100, which of the following is true? A) All the assets are financed with debt. B) Half of the assets are financed with equity. C) All the assets are financed by the equity. D) Half of the assets are financed with debt. E) sufficient in financing the non-current assets of the company.