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1. Financial Statements can show        A   your physical appearance        B   your character        C   your strengths and weaknesses        D   all of the above 2. When you divide annual revenue by 365, the result is        A   revenue per year        B   revenue per day        C   revenue turnover        D   gross profit 3. She had to transform what into an exclusive women's boutique        A   failed toy store        B   failed sporting goods store        C   old auto showroom        D   old warehouse 4. Why were her accounts receivable so high?        A   the president of the women's guild wanted credit        B   the store decided to not accept credit cards        C   christmas lay-away programs were instituted        D   the bank advised her to build up her credit rating 5. Dividing accounts receivable by revenue per day results in        A   the total revenue turnover applicable to a company        B   revenue per year        C   days of sales uncollected at any point in time        D   the total revenue for the year 6. What becomes of the clothing that doesn't sell immediately?        A   because they are unique they are carried longer        B   some items are sold in a discount store        C   either of these        D   neither of these 7. She borrowed money from        A   a family member        B   a bank on an SBA loan        C   friends from college        D   her fiance who is an accountant 8. Additional equity came from        A   a family member        B   a bank on an SBA loan        C   friends from college        D   her fiance who is an accontant 9. How much did he estimate her salary to be each year?        A   $100,000        B   $200,000        C   $300,000        D   $400,000 10. Eliminating interest expense and the related taxes shield from the income        statement results in _________        A   EBIT        B   Net Income        C   NOPAT        D   Profit Margin 11. He estimated the dividend yield on here company was        A   5%        B   10%        C   15%        D   20% 12. He estimated the weighted average cost of capital for her company was        A   50.1%        B   40.0%        C   30.9%        D   27.6% 13. Her fixed and variable cost formula for her company was        A   y = 0.512x + 480.56        B   y = 480.56x + 0.512        C   x = 0.512y + 480.56        D   x = 480.56x + 0.512 14. GBER stand for        A   Global Break-Even Return        B   Global Break-Even Revenue        C   General Break-Even Return        D   General Break-Even Revenue 15. The figure subtracted from NOPAT to arrive at residual income is the        A   net investment        B   net income        C   capital charge        D   invested capital 16. Financing Capital times the WACC will result in the        A   net investment        B   net income        C   capital charge        D   invested capital 17. If the residual income is negative then the company is        A   not covering its cost of financing        B   not making any positive cash flow        C   generating excess market value added        D   has a positive economic value added 18. Subtracting the change in financing capital from NOPAT results in        A   residual income        B   capital charge        C   EBIT        D   free cash flow 19. Ethics comes down to        A   Me        B   We        C   Thee        D   all of these 20. Did they see each other after the flight?        A   no        B   yes        C   there is no information to determine if they did        D   none of these