Fınancıal Statement Analysıs (ENG) — 2024-2025 Dönem Sonu Çıkmış Sınav

1. Which of the following is not true about the balancing theory? A) It is based on the agency costs B) It is based on cost of capital C) It is based on the proposals about the costs of bankruptcy and financial stress D) It proposes that the optimal capital structure can be achieved at the level where the marginal benefit of borrowing is equal to the cost E) It is proposed that the increase in the level of borrowing may cause deterioration in the market value of the company

2. Analyses to measure the performance of the business, to reveal the effectiveness and efficiency of activities and to make healthier plans for the future are within the scope of which of the following? A) Credit analysis B) Static analysis C) External analysis D) Management analysis E) Investment analysis

3. The company A has an EBIT of 2,000,000 TL and EPS of 3 TL. One year later EBIT increases to 2,500,000 TL and EPS to 4. The level of leverage is-----_ Which of the following correctly completes the space left blank in the sentence above? A) 1,33 B) 2 2,33 D) 2,5 E) 5

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 120 days. D) The cash conversion cycle is 60 days. E) The cash conversion cycle is 90 days.

5. What is the reason for financing investments in fixed assets with equity? A) Equity does not require dividend payments. B) Equity requires dividend payments. C) Equity does not require interest and principal payments. D) Equity is accepted as the most expensive source of source of funding. of. E) The depreciation amount should not be deducted from the equity.