6 financial statement analysis online test
Popular Practice Tests. All Practice Tests. In the annual report, where would a financial statement reader find out if the company's financial statements give a fair depiction of its financial position and operating results? Please Report Us.
ANALYSIS OF FINANCIAL STATEMENTS
For more than 40 years, the CMA Certified Management Accountant certification has been the global benchmark for management accountants and financial professionals. Because CMAs can explain the "why" behind numbers, not just the "what.
Using CPE credits to prepare for the Certified Management Accountant CMA exam is a pathway to a more successful business career: one that opens doors, builds confidence, closes skills gaps, and lets you tap into a network of 85, professionals around the globe. The CMA certification complements other credentials or degrees and tests for analytical and critical-thinking skills not covered in other exams.
About one in three active CMAs in the U. Publication Date: April Designed For Financial officers, controllers and chief financial officers; financial, managerial and cost accountants; financial and business analysts; budget managers and analysts; risk managers; chief information officers and information technology professionals.
Topics Covered Basic financial statement analysis Financial ratios Profitability analysis Special issues including foreign currency, off-balance sheet items, and earnings quality. Calculate growth of key items on base year Income Statements and Balance Sheets horizontal analysis. Calculate current assets, current liabilities and working capital. Analyze working capital using the current ratio, quick acid test ratio, cash ratio, cash flow ratio, and net working capital ratio.
Define solvency, leverage, and capital structure. Calculate and interpret the following ratios: debt to equity, long-term debt to equity, debt to total asset, interest coverage times interest earned , fixed charge coverage earnings to fixed charges , ash flow to fixed charges. Define and calculate operating leverage and financial leverage. Calculate and interpret accounts receivable turnover, inventory turnover and accounts payables turnover.
Calculate and interpret days sales outstanding in receivables, days sales in inventory, and days purchases in accounts payable. Define and calculate the cash and operating cycles.
Calculate and interpret fixed asset turnover and total asset turnover. Calculate and interpret gross profit margin percentage, operating profit margin percentage, net profit margin percentage, return on assets, and return on equity. Identify accounting differences between foreign currency translations and foreign currency transactions. Define functional currency and reporting currency. Identify issues in the accounting for foreign operations including historical vs. Define and explain off-balance sheet financing, and identify and describe operating leases; sale of receivables; special purpose entities; joint ventures.
Explain why companies use off-balance sheet financing, and explain impact of off-balance sheet financing on the debt-to-equity ratio. Identify the determinants and limitations of earnings quality. Identify the limitations of ratio analysis.
wiacek.com.au the annual report, where would a financial statement reader find out if the company's financial statements give a fair depiction of its financial position and. Which of the following can be found from an analysis of a firm's financial statements? The current price of the firm's common stock. Any recent changes in the firm's.
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Financial Statement Analysis Chapter Exam
For more than 40 years, the CMA Certified Management Accountant certification has been the global benchmark for management accountants and financial professionals. Because CMAs can explain the "why" behind numbers, not just the "what. Using CPE credits to prepare for the Certified Management Accountant CMA exam is a pathway to a more successful business career: one that opens doors, builds confidence, closes skills gaps, and lets you tap into a network of 85, professionals around the globe. The CMA certification complements other credentials or degrees and tests for analytical and critical-thinking skills not covered in other exams. About one in three active CMAs in the U. Publication Date: April Designed For Financial officers, controllers and chief financial officers; financial, managerial and cost accountants; financial and business analysts; budget managers and analysts; risk managers; chief information officers and information technology professionals.
Financial Reporting And Analysis Online Practice Tests for Free
Note: Your browser must support JavaScript in order to use this quiz. Felton Farm Supplies, Inc. What are its sales? Which of the following would NOT improve the current ratio? Borrow short term to finance additional fixed assets. Issue long-term debt to buy inventory. Sell common stock to reduce current liabilities. Sell fixed assets to reduce accounts payable. The gross profit margin is unchanged, but the net profit margin declined over the same period. This could have happened if cost of goods sold increased relative to sales.
Financial Reporting And Analysis Tutorial. Summary Analysis-nike, Inc.
Note: This article has been updated. For any financial professional, it is important to know how to effectively analyze the financial statements of a firm. This requires an understanding of three key areas:.
