COMM 203 Study Guide - Quiz Guide: Operating Cash Flow, Current Liability, Cash Flow
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1: the financial statement showing a firm"s accounting value on a particular date is the, statement of comprehensive income, statement of cash flows. Answer: (c : an item that the firm expects to own within the next year, ____________ normally must be paid by a firm within 12 months, long-term bank loans b. Answer: (e : current liabilities minus shareholders" equity, total assets minus total liabilities, ____________ refers to the difference between a firm"s current assets and its current liabilities, operating cash flow, cash flow from assets. Answer: (c : capital spending, cash flow to creditors, net working capital, a(n) _________ asset is one which can be quickly converted into cash without significant loss in value, current. Answer: (d: long-term, intangible, liquid, fixed, financial leverage refers to, the proportion of debt used in a firm"s capital structure, the ratio of paid-in surplus to shareholders" equity, the amount of receivables present in the firm"s asset structure.
