- If you were to choose 4 financial ratios to evaluate a company’s performance, which 4 would you choose and why?
- What accounts on the balance sheet must be evaluated when completing the investing activities section of the statement of cash flows?
- Based on your working knowledge of the basic financial statements of a company, which is the most important to you and why?
- Let’s say that the income statement reported net income of $25,000 and depreciation expense of $10,000. Let’s also assume that the balance sheet reported an increase in accounts payable of $10,000, a decrease in accounts receivable of $9,000 and a decrease in bonds payable of $22,000. What would be your cash provided by operating activities based on the provided information?
