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Which of the following would be included in a
cash estimation/ budget?
a) depreciation charges.
b) dividends.
c) goodwill.
d) patent amortization

A company can improve (lower) its debt-to-total
assets ratio by doing which of the following?
a) Borrow more.
b) Shift short-term to long-term debt.
c) Shift long-term to short-term debt.
d) Sell common stock.

. The gross profit margin is unchanged, but the net profit margin
declined over the same period.
This could have happened if
a) cost of goods sold increased relative to sales.
b) sales increased relative to expenses.
c) Govt. increased the tax rate.
d) dividends were decreased.

Which of the following would NOT improve the
current ratio?
a) Borrow short term to finance additional fixed
assets.
b) Issue long-term debt to buy inventory.
c) Sell common stock to reduce current liabilities.
d) Sell fixed assets to reduce accounts payable

_______________ refers to the amount invested
in various components of current assets.
a) Temporary working capital
b) Net working capital
c) Gross working capital
d) Permanent working capital