AÖF Soru Bankası
İSL459U

Fınancıal Statement Analysıs (ENG)

2022–2023 Final (Dönem Sonu) Çıkmış Soruları

  • 20 soru
  • Soru metinleri açık; şıklar ve cevap anahtarı uygulamada
  1. 1
    If the current asset constitutes 80% of the total assets and the short term liabilities constitute 48% of the sources, which of the following is correct for vertical analysis of ability to pay short-term debt?
    • Athe company can meet its short term liabilities by using the current assets
    • Bthe company can meet its long term liabilities by using the assets
    • Cthe company cannot meet its short term liabilities.
    • Dthe company have negative net working capital.
    • Ethe company can meet its short term obligations by long term operations.
  2. 2
    According to the Pecking order theory, which of the following funding for investments is the least preferred source?
    • ALong term bank loans
    • BIssuing bonds
    • CNew capital Issuance
    • DIt should be generated from existing equity
    • EBorrowing instruments
  3. 3
    Which of the following is not true about the balancing theory?
    • AIt proposes that the optimal capital structure can be achieved at the level where the marginal benefit of borrowing is equal to the cost
    • BIt is based on the agency costs
    • CIt is based on the proposals about the costs of bankruptcy and financial stress
    • DIt is based on cost of capital
    • EIt is proposed that the increase in the level of borrowing may cause deterioration in the market value of the company
  4. 4
    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 %
  6. 5
    "Non-current assets to equity ratio is calculated as %125." Which of the following statement can be figured out from this result?
    • AThe company can pay its short-term liabilities easily
    • BInventory turnover ratio will be more quicker than the previous year
    • CNon-current asset amount is higher than current asset amount
    • DEquity is sufficient in financing non-current assets
    • ELiabilities are also used in financing non-current assets
  7. 6
    I. 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 pertormance III. EPS trend gives insight to investors about relative earnings performance Which of the statements) are true?
    • AOnly l
    • Bland il
    • CI and ||I
    • DII and III
    • EI, Il and I|l
  8. 7
    If net profit of the business is 35,000, the total equity is 50,000, and the total assets are 75,000, what is the return on assets of the business?
    • A%40
    • B%42
    • C%44 net
    • D%46
    • E%48
  9. 8
    Net Income Total Assets What is the name of the ratio presented below?
    • AAsset turnover
    • BReturn on asset
    • COperating profit margin
    • DNet profit margin
    • EEarnings per share
  11. 9
    Which of the following is the financial statement in which reports the revenues and expenses of a period of time?
    • AIncome Statement
    • BStatement of Changes in Equity
    • CBalance Sheet
    • DCash Flow Statement
    • ECost of Goods Sold Statement
  12. 10
    Assume that the current assets of a business increased by 25% from the previous year, but the current liabilites increased by 55%. When determining the ability to pay short-term debts by using comparative financial statement analysis (horizontal analysis), which of the following conclusions is least likely?
    • AThe increase in trade payables might be higher than the increase in trade receivables.
    • BThere is a decrease in net working capital compared to the previous year end's balance sheet.
    • CThe business may need short-term bank loan in order to continue its operations in near future.
    • DThe business may have difficulties in paying its short-term debts in near future.
    • EThe sales revenue increased compared to the previous year.
  13. 11
    Which of the following is the long-term analysis performed to determine how the account items in the financial statements change according to the base year?
    • ACredit Analysis
    • BRatio Analysis
    • CVertical Percentage Analysisr.net
    • Dof. D) Trend Analysis
    • EComparative Analysis
  14. 12
    Which of the following is one of the profitability ratios?
    • ACurrent ratio
    • BReturn on equity
    • CAverage collection time
    • DNet working capital turnover ratio
    • EInventory turnover
  16. 13
    Horizontal analysis is especially useful for---- Which of the following correctly completes the space left blank in the sentence above?
    • Ademonstrating income as a percentage of sales.
    • Bdeveloping next year's budget.
    • Cidentifying trend situations in the economy.
    • Dthe comparison of an entity's statement of financial position by periods.
    • Edetermining an organizations' liquidity.
  17. 14
    Which of the following is correct to evaluate the company's short term debt paying ability acording to the vertical analysis?
    • AThe total of current assets is divided by the total of assets.
    • BThe total of assets is divided by the total of current assets.
    • CThe total of current assets is divided by net working capital.
    • DThe total of short-term liabilities is divided by the total of current liabilities.
    • EThe percentage change in current assets is calculated.
  18. 15
    Which of the following ratios are used to show the liquidity of a business?
    • ALeverage ratios
    • BE Profitability ratios
    • CLiquidity ratios
    • DFinancial ratios
    • EActivity rates
  19. 16
    Which of the following is not amongst the factor impairing the optimal capital structure?
    • AControl
    • BThe Planning of Borrowing Activities
    • CFinancial Risk
    • DFinancial Leverage
    • EDepreciation
  21. 17
    The company A has an EBIT of 2,000,000 TL and EPS of 3 TL. One year later EBIT increases to 2,500,000 TL and EPS to 4. The level of leverage IS--_ Which of the following correctly completes the space left blank in the sentence above?
    • A1,33
    • B2
    • C2,33
    • D2,5
    • E5
  22. 18
    Which ratio is used to measure whether or not the net working capital is sufficient?
    • AAcid-test ratio
    • BCurrent ratio
    • CDebt to equity ratio
    • DCash ratio ar
    • EE Inventory turnover ratio
  23. 19
    "The result of the debt ratio of a business is calculated as %100." Which of the following statement is true about this result?
    • ATotal amount of the equity is more than total liabilities
    • BThe company has a strong capital structure
    • CAll assets are financed with debt
    • DTotal assets are higher than total liabilities
    • ECapital of the company is well enough for carrying on activities
  24. 20
    Which of the following is not on important factor in determining need for working capital?
    • AEconomic Conditions
    • BReceivables Turnover
    • CTerms and Conditions of Purchases and Sales
    • DSales Volume
    • EShare structure
Şıkları ve doğru cevapları görFınancıal Statement Analysıs (ENG) dersinin tüm sınavları, cevap anahtarları, süreli mod ve yanlış analizi uygulamada.Uygulamada aç