AÖF Soru Bankası
İSL459U

Fınancıal Statement Analysıs (ENG)

2020–2021 Yaz Okulu Çıkmış Soruları

  • 20 soru
  • Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
  1. 1
    The result of non-current assets to equity ratio is 110%. According to this result which of the following statement can be expressed?
    • AEquity is not sufficient enough in financing non-current assets
    • BEquity is sufficient enough in financing current assets
    • CLong term liabilities are higher than non-current assets
    • DShort-term liabilities are enough in financing non-current assets
    • EEquity is sufficient enough in financing non-current assets
  2. 2
    ABC Co. has the following information: Account name Net Revenue (Sales) 2,500,000 Cost of Sales 1,500,000 Operating Expenses 700,000 Net Income (Profit) 100,000 Total Assets 2,000,000 Total Liabilities 1,600,000 What is the Return on Asset (ROA) of the company?
    • A4%
    • B5 %
    • C10 %
    • D20 %
    • E25%
  3. 3
    The ratio analysis shows the relationship between two financial statement items. However, in order to be useful, it must have same specific characteristic Which of the following states that characteristics?
    • AGrowth pattern
    • BEase to calculate
    • CAbility to measure profitability
    • DMeaningful relationship between financial items
    • EAbility to measure leverage
  4. 4
    Which of the following is not true about the balancing theory?
    • AIt is based on the agency costs
    • BIt is based on cost of capital
    • CIt is based on the proposals about the costs of bankruptcy and financial stress
    • DIt is proposed that the increase in the level of borrowing may cause deterioration in the market value of the company
    • EIt proposes that the optimal capital structure can be achieved at the level where the marginal benefit of borrowing is equal to the cost
  6. 5
    Which of the following is correct?
    • AThe excess of non-current assets over current liabilities is equal to net working capital.
    • BNet working capital shall be higher than the issued capital of the business.
    • CNet working capital is equal to current assets.
    • DNet working capital analysis is made for decisions related to purchase of non-current tangible assets.
    • EA profitable business might have difficulties in paying its short-term debts.
  7. 6
    Assume that a company has the following information for marketing expenses. Year Marketing Ex. (TL) 2015 500,000 2016 530,000 2017 480,000 2018 560,000 2019 610,000 If 2015 is base year in a trend analysis what would be the trend percentage of Marketing Expence in 2017? -96 B) -4 C) 4 D) 96 E) 104
  8. 7
    I. There are different profitability levels and different profitability ratios. II. Profits could easily be manipulated by the management. III. DuPont analysis links profitability of operations, debt structure and cash flows. Which of the statements are true?
    • AI and Ill
    • Bland Il
    • COnly l
    • D1, ll and I|l
    • EIl and Il
  9. 8
    An analyst wants to compare revenues and expenses of two different years. Analyst should usea----- Which of the following correctly completes the space left blank in the sentence above?
    • AVertical analysis
    • BRevenue analysis
    • CCredit analysis
    • DComparative financial statement analysis
    • ELiquidity analysis
  11. 9
    Which of the following is one of the factors that determines the need for net working capital?
    • AInterest rate on long-term bank loan
    • BDepreciation method chosen Inventory turnover
    • CPercentage of non-current intangible assets
    • Din total assets
    • ELegal structure of the business
  12. 10
    Which of the following is not amongst the steps of the evaluation of the asset and source composition of a company?
    • AEvaluation of long-term liabilities and assets
    • BThe evaluation of the management type of company
    • CThe evaluation of liability composition
    • Dof. D) The evaluation of asset composition
    • EThe evaluation of asset-liability relation
  13. 11
    The result of the accounts receivable turnover ratio is 15. Which of the following statement is true for this result? (Number of days in a year 360 days)
    • ACost of goods sold are 15 times more than accounts receviables
    • BInventories are 15 times less than net sales
    • CCompany collects its accounts receivables in 15 days
    • DNet working capital is sufficient enough for operations
    • ECompany collects its accounts receivables in 24 days
  14. 12
    Which of the following is a liquidity ratio?
    • AQuick ratio
    • BInventory turnover
    • CDays sales outstanding
    • DCash conversion cycle l
    • ETimes interest earned
  16. 13
    Which of the following is not amongst the factor impairing the optimal capital structure?
    • ADepreciation
    • BControl
    • CFinancial Risk
    • DE Financial Leverage
    • EThe Planning of Borrowing Activities
  17. 14
    Which of the following is correct for analyzing financing activities?
    • ACurrent liabilities are usually used in financing non-current assets.
    • BEquity financing does not affect ownership structure.
    • CLong term liabilities are usually used in financing current assets.
    • DExternal financing usually requires an interest.
    • EFinancing activities are mainly related to purchasing inventories.
  18. 15
    Which ratios show the short-term debt payment ability of the business?
    • ASolvency ratios
    • BActivity ratios
    • CLiquidity ratios
    • DE Profitability ratios
    • EEfficiency ratios
  19. 16
    Which of the following statement is not true in terms of Long term borrowing and Shareholders' equity?
    • AThe lenders have priority against the shareholders.
    • BWhile the borrowings should be repaid in the given period, the capital is not required to be repaid.
    • CThe repayments to the lenders should be made irrespective of the profitability of the company
    • DThe shareholders do not receive dividends if management of the company decide to retain the profit.
    • EIn liquidation, firstly the shareholders receive their payments.
  21. 17
    In order to determine the proportions of the marketable securities in sub-total which item in the balance sheet must be selected as base?
    • ACurrent assets
    • BCurrent liabilities
    • CFixed assets
    • DLong term liabilities
    • ETotal assets
  22. 18
    Current Assets 100.000 Short-Term Liabilities 125.000 Net Sales 475.000 Average Trade Receivables 30.000 Average Inventories 45.000 Cost of Goods Sold 4.000.000 Cash 5.000 Some items from financial statements are given above, which of the following ratio can not be calculated?
    • AAccount receivables turnover ratio
    • BInventory turnover ratio
    • CDebt to equity ratio considered
    • DCash ratio
    • ECurrent ratio
  23. 19
    Which of the following is true for income statement?
    • AIf the total of revenues and assets are higher than the total of expenses and liabilites, than it reports a net income.
    • BReports the financial performance as of a specific date.
    • CIt reports the net income or loss which is the difference between assets and liabilities.
    • DIt reports the ability to pay the debts of a business.
    • EReports the financial performance for a time period.
  24. 20
    1. EPS (Earnings Per Shares) is the ratio of net income (profit) to the average number of common shares outstanding during the year. Il. EPS comparisons among companies provides significant insight about operating performance III. EPS trend gives insight to investors about relative earnings performance Which of the statement (s) are true?
    • AOnly l
    • BI and li
    • CI and III
    • DIl and I|I
    • EI, Il and I!!
Şıkları ve doğru cevapları görFınancıal Statement Analysıs (ENG) dersinin tüm sınavları, cevap anahtarları, süreli mod ve yanlış analizi uygulamada.Uygulamada aç