The key outputs of the short-term financial planning process are the ________

A) cash budget, pro forma income statement, and pro forma balance sheet
B) sales forecast and capital assets journal
C) sales forecast and schedule of changes in working capital
D) income statement, balance sheet, and source and use statement


A

Business

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Indicate whether the statement is true or false

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_____________ is far more than merely decorative. It grabs the viewer's attention, emphasizes important ideas, creates contrast, and isolates slide elements.

A. Artwork B. Typeface C. Type Style D. Type size E. Color

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The departmental patriarch spent his last years at the university developing and promoting a Student Portfolio Project that required all departmental faculty to create integrated course projects and maintain a database of their students' work

New graduates could refer their prospective employers to the Student Portfolio Project database to mine examples of their work. The patriarch retired, funding and effort dried up, and the project lingered in a few syllabi and on the department's web site for a year or two but now any mention of it elicits either puzzled looks or wry grins from the remaining faculty. The patriarch's Student Portfolio Project has officially been terminated by: A) Extinction. B) Addition. C) Integration. D) Starvation.

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The debt ratio is calculated as:

A. ?debt ratio = net operating income ÷ total debt. B. ?debt ratio = long-term liabilities ÷ current liabilities. C. ?debt ratio = sales ÷ total liabilities. D. ?debt ratio = total liabilities ÷ total assets. E. ?debt ratio = interest charges ÷ total liabilities.

Business