Exam 8: Stock

Which of the following does not appear on the statement of cash flows?

Construct a balance sheet from the following information.

A one-for-two reverse split increases a stock's price but not its total value.

Given the following information, construct the statement of cash flows. What happened to the firm's liquidity position during the year?  

Preferred stock is legally equity and represents ownership.

If accounts receivable are collected, the quick ratio is unaffected.

The current ratio is unaffected by

Earnings per preferred share are

If a firm operates at a loss, its retained earnings are decreased.

A two-for-one stock split doubles the number of shares and their price.

The ex-dividend date follows the date of record.

The payout ratio is dividends divided by earnings.

Preferred stock pays a fixed amount of interest.

A major advantage associated with dividend reinvestment plans is forced saving.

Lower depreciation increases earnings and cash flow.

Which of the following is a cash outflow?

The return on assets employs operating income instead of net income.

The return on equity

Cumulative voting gives more power to minority stockholders.

Lower cash flow may be the result of higher depreciation expense.