C. Sarbanes-Oxley Act
D. agency play
E. proxy fight
2.Decisions made by financial managers should primarily focus on increasing which one of the following? A. size of the firm
B. growth rate of the firm
C. gross profit per unit produced
D. market value per share of outstanding stock
E. total sales
3.Which one of the following is the financial statement that shows the accounting value of a firm's equity as of a particular date? A. income statement
B. creditor's statement
C. balance sheet
D. statement of cash flows
E. dividend statement
4.Which one of the following is the financial statement that summarizes a firm's revenue and expenses over a period of time? A. income statement
B. balance sheet
C. statement of cash flows
D. tax reconciliation statement
E. market value report
5.The percentage of the next dollar you earn that must be paid in taxes is referred to as the _____ tax rate. A. mean
6.The cash flow of a firm which is available for distribution to the firm's creditors and stockholders is called the: A. operating cash flow.
B. net capital spending.
C. net working capital.
D. cash flow from assets.
E. cash flow to stockholders.
7.Canine Supply has sales of $2,200, total assets of $1,400, and a debt-equity ratio of 0.3. Its return on equity is 15 percent. What is the net income? A. $138.16
8.Beach Wear has current liabilities of $350,000, a quick ratio of 1.65, inventory turnover of 3.2, and a current ratio of 2.9. What is the cost of goods sold? A. $980,000
9.The sustainable growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum growth rate achievable if...