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Financial Statement Analysis

Instructions:

Answer 50 questions in 15 minutes.
If you are not ready to take this test, you can study here.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.

1. Number of days of payable
365/payable turnover ratio
Total debt/(Total debt+Total shareholders equity)
CFO/cash paid for long term asset
Annual Sales/Average receivables

2. Pretax Income
EBT/Revenue
ROCE - ROA
(EBIT+lease payments)/(interest payments+lease payments)
CFO/average total equity

3. Interest coverage
Revenue/Average Fixed Assets
(days sales outstanding)+(Days of Inventory on hand)-(Number of days payable)
(CFO+interest paid+taxes paid )/interest paid
Cost-Salvage/useful Life

4. Diluted EPS
CFO/cash paid for long term asset
Purchases/Average trade payable
(NI-preferred dividends)+(convertible preferred dividends)+(convertible debt interest)*(1-T)/(weighted average of common shares+conv. preferred shares+conv.of debt+issuable from stock option)
EBIT/total asset

5. Cash Conversion Cycle
(market rate at issue)*(balance sheet value of the liability at beg period)
(Cash+Marketable Securities)/Current Liabilities
(CFO+interest paid+taxes paid )/interest paid
(days sales outstanding)+(Days of Inventory on hand)-(Number of days payable)

6. Leverage
(Cash+Marketable Securities)/Current Liabilities
365/receivables turnover
(market rate at issue)*(balance sheet value of the liability at beg period)
ROCE - ROA

7. DDB
(2/useful life)*(Cost-Depreciation)
[(Orginal Cost-Salvage)/Life in output units] * output units in production
Revenue/Average Fixed Assets
Cost-Salvage/useful Life

8. Return on equity
STD of Sales/Mean Sales
NI/average total equity
365/payable turnover ratio
ROCE - ROA

9. Debt to capital
EBIT/total asset
STD OI/mean OI
Revenue/Average Total Assets
Total debt/(Total debt+Total shareholders equity)

10. Dividend payment
CFO/dividends paid
NI+ non-cash charges+[Interest expense*(1-T)]-fixed capital investment-working capital investments OR CFO+[Interest expense*(1-T)]-fixed capital investment
Annual Sales/Average receivables
(market rate at issue)*(balance sheet value of the liability at beg period)

11. Return on common equity
CFO/cash outflows from investing and financing
ROCE - ROA
Total Debt/Total Asset
NI available to common/average common equity

12. Debt to equity

13. Return on total capital
NI/total capital
Taxes payable+Change in DTL - Change in DTA
NI/average total equity
[(Orginal Cost-Salvage)/Life in output units] * output units in production

14. Financial Leverage
Average Total Asset/Average total equity
Cost-Salvage/useful Life
(EBIT+lease payments)/(interest payments+lease payments)
NI/Revenue

15. Working Capital Turnover
Revenue/Average Working Capital
(CFO+interest paid+taxes paid )/interest paid
Average Total Asset/Average total equity
(Cash+Marketable Securities)/Current Liabilities

16. Debt to Asset
NI/Average Total assets or [NI+interest expense(1-T)]/average total assets
Total Debt/Total Asset
Gross Profit/Revenue
365/receivables turnover

17. Day of inventory on hand
CA/CL
365/Inventory turnover
(market rate at issue)*(balance sheet value of the liability at beg period)
Cost-Salvage/useful Life

18. Gross Profit Margin
Gross Profit/Revenue
(CFO-preferred dividends)/weighted average number of common shares
(market rate at issue)*(balance sheet value of the liability at beg period)
STD of Sales/Mean Sales

19. Payable Turnover
Cash+Marketable Securities+ Receivables)/Current Liabilities
Purchases/Average trade payable
(NI-preferred dividends)+(convertible preferred dividends)+(convertible debt interest)*(1-T)/(weighted average of common shares+conv. preferred shares+conv.of debt+issuable from stock option)
[NI/sales][Sales/Assets][Assets/Equity]

20. Straight Line depreciation
STD NI/Mean NI
CFO/average total equity
Cost-Salvage/useful Life
[(Orginal Cost-Salvage)/Life in output units] * output units in production

21. CF to Revenue
COGS/Average Inventory
CFO/Net Revenue
CFO/cash outflows from investing and financing
STD OI/mean OI

22. Operating Profit Margin
(2/useful life)*(Cost-Depreciation)
(NI-preferred dividends)/weighted average of common shares
365/receivables turnover
EBIT/Revenue

23. Operating return on assets
CFO/cash outflows from investing and financing
EBIT/total asset
[(Orginal Cost-Salvage)/Life in output units] * output units in production
365/Inventory turnover

24. Cash Ratio
(Cash+Marketable Securities)/Current Liabilities
COGS/Average Inventory
Average Total Asset/Average total equity
Total Debt/Total Asset

25. Fixed charged coverage
(CFO+interest paid+taxes paid )/interest paid
(Cash+Marketable securities+Receivables)/Average Daily Expenditures
(EBIT+lease payments)/(interest payments+lease payments)
Revenue/Average Fixed Assets

26. FCFE
Begininng inventories+purchases-COGS
CFO-fixed capital investment+net borrowing
Total Debt/Total Asset
(CFO+interest paid+taxes paid )/interest paid

27. Total asset turnover
[(Orginal Cost-Salvage)/Life in output units] * output units in production
EBIT/Revenue
Cash+Marketable Securities+ Receivables)/Current Liabilities
Revenue/Average Total Assets

28. Current Ratio
CA/CL
Total Debt/Total Asset
CFO/dividends paid
ROCE - ROA

29. CV Operating Income
Average Total Asset/Average total equity
STD OI/mean OI
Revenue/Average Fixed Assets
CFO-fixed capital investment+net borrowing

30. Receivables Turnover
(NI-preferred dividends)+(convertible preferred dividends)+(convertible debt interest)*(1-T)/(weighted average of common shares+conv. preferred shares+conv.of debt+issuable from stock option)
EBIT/Revenue
(CFO-preferred dividends)/weighted average number of common shares
Annual Sales/Average receivables

31. Cash to income
CFO/Net Revenue
(market rate at issue)*(balance sheet value of the liability at beg period)
365/payable turnover ratio
CFO/operating income

32. Investing and financing
(NI-preferred dividends)+(convertible preferred dividends)+(convertible debt interest)*(1-T)/(weighted average of common shares+conv. preferred shares+conv.of debt+issuable from stock option)
(CFO+interest paid+taxes paid )/interest paid
CFO-fixed capital investment+net borrowing
CFO/cash outflows from investing and financing

33. Inventory turnover
COGS/Average Inventory
CFO/average total equity
CFO/dividends paid
Revenue/Average Fixed Assets

34. Net Profit Margin
NI/Revenue
Average Total Asset/Average total equity
Revenue/Average Fixed Assets
Total debt/(Total debt+Total shareholders equity)

35. Debt payment
Average Total Asset/Average total equity
Revenue/Average Working Capital
NI+ non-cash charges+[Interest expense*(1-T)]-fixed capital investment-working capital investments OR CFO+[Interest expense*(1-T)]-fixed capital investment
CFO/cash long-term debt repayment

36. Cash to ROA
NI available to common/average common equity
COGS/Average Inventory
CFO/average total assets
[NI/sales][Sales/Assets][Assets/Equity]

37. Quick Ratio
(CFO+interest paid+taxes paid )/interest paid
Gross Profit/Revenue
CFO/operating income
Cash+Marketable Securities+ Receivables)/Current Liabilities

38. CV NI
Cost-Salvage/useful Life
STD OI/mean OI
STD NI/Mean NI
ROCE - ROA

39. FCFF
Begininng inventories+purchases-COGS
NI+ non-cash charges+[Interest expense*(1-T)]-fixed capital investment-working capital investments OR CFO+[Interest expense*(1-T)]-fixed capital investment
CFO/Total debt
Total debt/(Total debt+Total shareholders equity)

40. Original DuPont:ROE
CFO/cash long-term debt repayment
Gross Profit/Revenue
Taxes payable+Change in DTL - Change in DTA
[NI/sales][Sales/Assets][Assets/Equity]

41. Cash to ROE
(NI-preferred dividends)+(convertible preferred dividends)+(convertible debt interest)*(1-T)/(weighted average of common shares+conv. preferred shares+conv.of debt+issuable from stock option)
NI/total capital
CFO/average total equity
Annual Sales/Average receivables

42. Ending inventories
Begininng inventories+purchases-COGS
STD OI/mean OI
(Cash+Marketable Securities)/Current Liabilities
365/payable turnover ratio

43. Return on Asset
NI/Average Total assets or [NI+interest expense(1-T)]/average total assets
Total Debt/Total shareholders' equity
CFO/cash paid for long term asset
NI+ non-cash charges+[Interest expense*(1-T)]-fixed capital investment-working capital investments OR CFO+[Interest expense*(1-T)]-fixed capital investment

44. Income tax expense
Taxes payable+Change in DTL - Change in DTA
Purchases/Average trade payable
(EBIT+lease payments)/(interest payments+lease payments)
Total Debt/Total shareholders' equity

45. CV sales
365/Inventory turnover
CA/CL
STD of Sales/Mean Sales
(NI-preferred dividends)/weighted average of common shares

46. Defensive interval
STD OI/mean OI
CFO/cash paid for long term asset
(Cash+Marketable securities+Receivables)/Average Daily Expenditures
Cost-Salvage/useful Life

47. Debt coverage
NI available to common/average common equity
(CFO-preferred dividends)/weighted average number of common shares
Begininng inventories+purchases-COGS
CFO/Total debt

48. Fixed assets turnover
CFO/average total assets
(EBIT+lease payments)/(interest payments+lease payments)
CFO/cash long-term debt repayment
Revenue/Average Fixed Assets

49. Basic EPS
Begininng inventories+purchases-COGS
(NI-preferred dividends)/weighted average of common shares
CFO/operating income
CA/CL

50. Days of sales outstanding
ROCE - ROA
NI/average total equity
365/receivables turnover
[(Orginal Cost-Salvage)/Life in output units] * output units in production