WGU C214 Practice OA UPDATED ACTUAL Exam Questions and CORRECT Answers By making decisions that keep the control of the business with the owners. - CORRECT ANSWER - How can a private firm appropriately maximize shareholder value?
Because international investing in a global marketplace is the concern of American investors. - CORRECT ANSWER - Why are American regulators focused on international investing in a global marketplace?
Bonds - CORRECT ANSWER - What is one of the two basic types of financial instruments?
Consumer prices will decrease and Domestic employment will decrease. - CORRECT ANSWER - What are the likeliest outcomes if a company outsources the manufacturing of its products to a foreign country?
The assets, liabilities, and equity at a point in time - CORRECT ANSWER - What do the content and structure of a balance sheet report?
The change will decrease cash flows from operations by $5,000. - CORRECT ANSWER - A company reported an increase in accounts receivable of $5,000 during the recent period. Half of this amount is expected to be collected next period.How will this change in accounts receivable affect the cash flows from the operating activities section?
Revenues and expenses may be recognized in one period for accounting income purposes and in a different period for income tax purposes. - CORRECT ANSWER - Which statement accurately explains the recognition of revenues and expenses under accounting income and income for tax purposes?
$5,300 outflow - CORRECT ANSWER - Selected Data for 20x2 for ABD Inc. 1 / 2
Net Income $ 1,000 Depreciation Expense $ 300 Change in Operating Assets $ 600 Change in Net Property, Plant, and Equipment $ 5,000 Changes in Long-Term Liabilities $ 1,000 Dividends Paid$ 200 What is this firm's cash flow from investments, using the data above and assuming no asset disposals?
Assets = Liabilities + Equity - CORRECT ANSWER - What is the basic equation for a balance sheet?
A firm's purchase and sale of long-term assets - CORRECT ANSWER - What do cash flows from investing activities generally relate to?
Cash sales to customers - CORRECT ANSWER - Which transaction is reflected in cash flow from operating activities?
Cash available for distribution after funding required reinvestment - CORRECT ANSWER - What does free cash flow represent?
The firms have different fiscal years. - CORRECT ANSWER - An analyst is comparing the ratios of two firms and needs to address timing differences.What is an example of a timing difference between these two firms?
- - CORRECT ANSWER - A company's year-end balance sheet for 2013 shows the
following:
Accounts Receivable: $900
Inventory: $1,200
Fixed Assets: $1,000
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