Seneca College - HRM 732 Quiz 7 1)Which one of the following is an important reason to evaluate a company's cash flow? In which of the following will the percentage increase in sales from one year to the next be most obvious? Cash equivalents are short-term investments that are highly liquid and can be readily converted into cash

Seneca College - HRM 732

Quiz 7

1)Which one of the following is an important reason to evaluate a company's cash flow?

2. In which of the following will the percentage increase in sales from one year to the next be most obvious?
3. Cash equivalents are short-term investments that are highly liquid and can be readily converted into cash.
4. A managerial accountant may analyze his/her company's own financial statements in order to assess the appearance of his/her firm to investors.
5. What does financial leverage measure?
6. What primary information is provided in the statement of cash flows?
7. Vertical analysis is performed on the balance sheet because it represents a point in time, while horizontal analysis is performed on the income statement because it covers a period of time.
8. Which of the following is not an operating activity on the statement of cash flows?
9. Which of the following changes is the least favorable?
10. Which of the following is not a profitability ratio?