上海对外贸易学院财管中加财务报表分析(答案见其他word)quiz 1
上海对外贸易财管中加国际财务管理C11期末简答题答案
CHAPTER 11 INTERNATIONAL BANKINGSUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTERQUESTIONS AND PROBLEMSQUESTIONS1. Briefly discuss some of the services that international banks provide their customers and the market place.Answer: International banks can be characterized by the types of services they provide that distinguish them from domestic banks. Foremost, international banks facilitate the imports and exports of their clients by arranging trade financing. Additionally, they serve their clients by arranging for foreign exchange necessary to conduct cross-border transactions and make foreign investments and by assisting in hedging exchange rate risk in foreign currency receivables and payables through forward and options contracts. Since international banks have established trading facilities, they generally trade foreign exchange products for their own account.Two major features that distinguish international banks from domestic banks are the types of deposits they accept and the loans and investments they make. Large international banks both borrow and lend in the Eurocurrency market. Moreover, depending upon the regulations of the country in which it operates and its organizational type, an international bank may participate in the underwriting of Eurobonds and foreign bonds.International banks frequently provide consulting services and advice to their clients in the areas of foreign exchange hedging strategies, interest rate and currency swap financing, and international cash management services. Not all international banks provide all services. Banks that do provide a majority of these services are known as universal banks or full service banks.2. Briefly discuss the various types of international banking offices.Answer: The services and operations which an international bank undertakes is a function of the regulatory environment in which the bank operates and the type of banking facility established.A correspondent bank relationship is established when two banks maintain a correspondent bank account with one another. The correspondent banking system provides a means for a bank’s MNC clients to conduct business worldwide through his local bank or its contacts.IM-1A representative office is a small service facility staffed by parent bank personnel that is designed to assist MNC clients of the parent bank in its dealings with the bank’s correspondents. It is a way for the parent bank to provide its MNC clients with a level of service greater than that provided through merely a correspondent relationship.A foreign branch bank operates like a local bank, but legally it is a part of the parent bank. As such, a branch bank is subject to the banking regulations of its home country and the country in which it operates. The primary reason a parent bank would establish a foreign branch is that it can provide a much fuller range of services for its MNC customers through a branch office than it can through a representative office.A subsidiary bank is a locally incorporated bank that is either wholly owned or owned in major part by a foreign subsidiary. An affiliate bank is one that is only partially owned, but not controlled by its foreign parent. Both subsidiary and affiliate banks operate under the banking laws of the country in which they are incorporated. U.S. parent banks find subsidiary and affiliate banking structures desirable because they are allowed to engage in security underwriting.Edge Act banks are federally chartered subsidiaries of U.S. banks which are physically located in the United States that are allowed to engage in a full range of international banking activities. A 1919 amendment to Section 25 of the Federal Reserve Act created Edge Act banks. The purpose of the amendment was to allow U.S. banks to be competitive with the services foreign banks could supply their customers. Federal Reserve Regulation K allows Edge Act banks to accept foreign deposits, extend trade credit, finance foreign projects abroad, trade foreign currencies, and engage in investment banking activities with U.S. citizens involving foreign securities. As such, Edge Act banks do not compete directly with the services provided by U.S. commercial banks. Edge Act banks are not prohibited from owning equity in business corporations as are domestic commercial banks. Thus, it is through the Edge Act that U.S. parent banks own foreign banking subsidiaries and have ownership positions in foreign banking affiliates.An offshore banking center is a country whose banking system is organized to permit external accounts beyond the normal economic activity of the country. Offshore banks operate as branches or subsidiaries of the parent bank. The primary activities of offshore banks are to seek deposits and grant loans in currencies other than the currency of the host government.In 1981, the Federal Reserve authorized the establishment of International Banking Facilities (IBF). An IBF is a separate set of asset and liability accounts that are segregated on the parent bank’s books; it is not a unique physical or legal entity. IBFs operate as foreign banks in the U.S. IBFs were established largely as a result of the success of offshore banking. The Federal Reserve desired to return a large share of the deposit and loan business of U.S. branches and subsidiaries to the U.S.IM-23. How does the deposit-loan rate spread in the Eurodollar market compare with the deposit-loan rate spread in the domestic U.S. banking system? Why?Answer: Competition has driven the deposit-loan spread in the domestic U.S. banking system to about the same level as in the Eurodollar market. That is, in the Eurodollar market the deposit rate is about the same as the deposit rate for dollars in the U.S. banking system. Similarly the lending rates are about the same. In theory, the Eurodollar market can operate at a lower cost than the U.S. banking system because it is not subject to mandatory reserve requirements on deposits or deposit insurance on foreign currency deposits.4. What is the difference between the Euronote market and the Eurocommercial paper market?Answer: Euronotes are short-term notes underwritten by a group of international investment or commercial banks called a “facility.” A client-borrower makes an agreement with a facility to issue Euronotes in its own name for a period of time, generally three to 10 years. Euronotes are sold at a discount from face value, and pay back the full face value at maturity. Euronotes typically have maturities of from three to six months. Eurocommercial paper is an unsecured short-term promissory note issued by a corporation or a bank and placed directly with the investment public through a dealer. Like Euronotes, Eurocommercial paper is sold at a discount from face value. Maturities typically range from one to six months.5. Briefly discuss the cause and the solution(s) to the international bank crisis involving less-developed countries.Answer: The international debt crisis began on August 20, 1982 when Mexico asked more than 100 U.S. and foreign banks to forgive its $68 billion in loans. Soon Brazil, Argentina and more than 20 other developing countries announced similar problems in making the debt service on their bank loans. At the height of the crisis, Third World countries owed $1.2 trillion!The international debt crisis had oil as its source. In the early 1970s, the Organization of Petroleum Exporting Countries (OPEC) became the dominant supplier of oil worldwide. Throughout this time period, OPEC raised oil prices dramatically and amassed a tremendous supply of U.S. dollars, which was the currency generally demanded as payment from the oil importing countries.OPEC deposited billions in Eurodollar deposits; by 1976 the deposits amounted to nearly $100 billion. Eurobanks were faced with a huge problem of lending these funds in order to generate interestIM-3income to pay the interest on the deposits. Third World countries were only too eager to assist the equally eager Eurobankers in accepting Eurodollar loans that could be used for economic development and for payment of oil imports. The high oil prices were accompanied by high interest rates, high inflation, and high unemployment during the 1979-1981 period. Soon, thereafter, oil prices collapsed and the crisis was on.Today, most debtor nations and creditor banks would agree that the international debt crisis is effectively over. U.S. Treasury Secretary Nicholas F. Brady of the first Bush Administration is largely credited with designing a strategy in the spring of 1989 to resolve the problem. Three important factors were necessary to move from the debt management stage, employed over the years 1982-1988 to keep the crisis in check, to debt resolution. First, banks had to realize that the face value of the debt would never be repaid on schedule. Second, it was necessary to extend the debt maturities and to use market instruments to collateralize the debt. Third, the LDCs needed to open their markets to private investment if economic development was to occur. Debt-for-equity swaps helped pave the way for an increase in private investment in the LDCs. However, monetary and fiscal reforms in the developing countries and the recent privatization trend of state owned industry were also important factors.Treasury Secretary Brady’s solution was to offer creditor banks one of three alternatives: (1) convert their loans to marketable bonds with a face value equal to 65 percent of the original loan amount; (2) convert the loans into collateralized bonds with a reduced interest rate of 6.5 percent; or, (3) lend additional funds to allow the debtor nations to get on their feet. The second alternative called for an extension the debt maturities by 25 to 30 years and the purchase by the debtor nation of zero-coupon U.S. Treasury bonds with a corresponding maturity to guarantee the bonds and make them marketable. These bonds have come to be called Brady bonds.6. What warning did David Hume, the 18th-century Scottish philosopher-economist, give about lending to sovereign governments?Answer: (From the February 21, 1989 article “LDC Lenders Should Have Listened To David Hume” by Thomas M. Humphrey in The Wall Street Journal.)Hume thought no good could result from borrowing:If the abuses of treasures [held by the state] be dangerous by engaging the state in rash enterprise in confidence of its riches; the abuses of mortgaging are more certain and inevitable: poverty, impotence, and subjection to foreign powers.Nations, presuming they can find the necessary lenders, are tempted to borrow without limit and to squander the funds on unproductive projects:IM-4It is very tempting to a minister to employ such an expedient as enables him to make a great figure during his administration without over burthening the people with taxes or exciting any immediate clamorous against himself. The practice, therefore, of contracting debt will almost infallibly be abused in every government. It would scarcely be more imprudent to give a prodigal son a credit in every banker’s shop in London than to empower a statesman to draw bills in this manner upon posterity.Eventually, however, interest must be paid and the burden of debt service charges will fall heavily on the poor:The taxes which are levied to pay the interest of these debts are . . . an oppression on the poorer sort.Those same taxes “hurt commerce and discourage industry” and thus inhibit economic development and condemn the borrowing nation to continuing poverty. The debt burden will also pauperize the prosperous merchant and landowning classes that constitute the main bulwark of political freedom and stability. With the pauperization of the middle class:No expedient at all remains for resisting tyranny: Elections are swayed by bribery and corruption alone: And the middle power between king and people being totally removed, a grievous despotism must infallibly prevail. The landholders [and merchants] despised for their oppressions, will be utterly unable to make any opposition to it.7. What are the approaches available to an internationally active bank for valuing its credit risk under Basel II.Answer: For valuing credit risk, banks may choose among the standardized approach, the internal rating-based (IRB) approach, and the securitization approach. The standardized approach provides for risk-weighting assets from five categories based on external credit agencies assessments of the credit risk inherent in the asset. The IRB approach allows banks that have received supervisory approval to rely on their own internal estimates of risk in determining the capital requirement for a given exposure. The key variables the bank must estimate to value credit risk under this approach are the probability of default and the loss given default for each asset. The securitization approach provides for determining the securitized value of a cash flow stream and then risk-weighting the value according to the standardized approach or (if the bank has received supervisory approval) by applying the IRB approach to determine the capital requirement.IM-5PROBLEMS1. Grecian Tile Manufacturing of Athens, Georgia, borrows $1,500,000 at LIBOR plus a lending margin of 1.25 percent per annum on a six-month rollover basis from a London bank. If six-month LIBOR is 4 ½ percent over the first six-month interval and 5 3/8 percent over the second six-month interval, how much will Grecian Tile pay in interest over the first year of its Eurodollar loan?Solution: $1,500,000 x (.045 + .0125)/2 + $1,500,000 x (.05375 + .0125)/2= $43,125 + $49,687.50 = $92,812.50.2. A bank sells a “three against six” $3,000,000 FRA for a three-month period beginning three months from today and ending six months from today. The purpose of the FRA is to cover the interest rate risk caused by the maturity mismatch from having made a three-month Eurodollar loan and having accepted a six-month Eurodollar deposit. The agreement rate with the buyer is 5.5 percent. There are actually 92 days in the three-month FRA period. Assume that three months from today the settlement rate is 4 7/8 percent. Determine how much the FRA is worth and who pays who--the buyer pays the seller or the seller pays the buyer.Solution: Since the settlement rate is less than the agreement rate, the buyer pays the seller the absolute value of the FRA. The absolute value of the FRA is:$3,000,000 x [(.04875-.055) x 92/360]/[1 + (.04875 x 92/360)]= $3,000,000 x [-.001597/(1.012458)]= $4,732.05.3. Assume the settlement rate in problem 2 is 6 1/8 percent. What is the solution now?Solution: Since the settlement rate is greater than the agreement rate, the seller pays the buyer the absolute value of the FRA. The absolute value of the FRA is:$3,000,000 x [(.06125-.055) x 92/360]/[1 + (.06125 x 92/360)]= $3,000,000 x [.001597/(1.015653)]= $4,717.16.IM-64. A “three-against-nine” FRA has an agreement rate of 4.75 percent. You believe six-month LIBOR in three months will be5.125 percent. You decide to take a speculative position in a FRA with a $1,000,000 notional value. There are 183 days in the FRA period. Determine whether you should buy or sell the FRA and what your expected profit will be if your forecast is correct about the six-month LIBOR rate.Solution: Since the agreement rate is less than your forecast, you should buy a FRA. If your forecast is correct your expected profit will be:$1,000,000 x [(.05125-.0475) x 183/360]/[1 + (.05125 x 183/360)]= $1,000,000 x [.001906/(1.026052)]= $1,857.61.IM-7。
财务报告分析_课后答案(3篇)
第1篇一、概述财务报告分析是财务学的一个重要分支，通过对企业财务报表的分析，揭示企业的财务状况、经营成果和现金流量等信息，为投资者、债权人、管理者等提供决策依据。
本篇课后答案将从以下几个方面对财务报告分析进行探讨。
二、财务报表分析1. 资产负债表分析资产负债表是企业财务状况的“快照”，反映了企业在一定时点的资产、负债和所有者权益状况。
以下是资产负债表分析的主要内容：（1）流动比率分析：流动比率是衡量企业短期偿债能力的指标，计算公式为流动资产/流动负债。
一般来说，流动比率大于2表示企业短期偿债能力较好。
（2）速动比率分析：速动比率是衡量企业短期偿债能力的另一个指标，计算公式为（流动资产-存货）/流动负债。
速动比率大于1表示企业短期偿债能力较好。
（3）资产负债率分析：资产负债率是衡量企业负债水平的指标，计算公式为负债总额/资产总额。
一般来说，资产负债率低于50%表示企业负债水平较低。
2. 利润表分析利润表反映了企业在一定时期内的收入、成本、费用和利润情况。
以下是利润表分析的主要内容：（1）毛利率分析：毛利率是衡量企业盈利能力的指标，计算公式为（销售收入-销售成本）/销售收入。
毛利率越高，表示企业盈利能力越强。
（2）净利率分析：净利率是衡量企业盈利能力的另一个指标，计算公式为净利润/销售收入。
净利率越高，表示企业盈利能力越强。
（3）费用率分析：费用率是衡量企业成本控制能力的指标，计算公式为费用总额/销售收入。
费用率越低，表示企业成本控制能力越强。
3. 现金流量表分析现金流量表反映了企业在一定时期内的现金流入和流出情况。
以下是现金流量表分析的主要内容：（1）经营活动现金流量分析：经营活动现金流量是企业日常经营活动产生的现金流量。
正的经营活动现金流量表示企业盈利能力较好。
（2）投资活动现金流量分析：投资活动现金流量是企业投资活动产生的现金流量。
正的投资活动现金流量表示企业投资回报较好。
（3）筹资活动现金流量分析：筹资活动现金流量是企业筹资活动产生的现金流量。
上财财务报告分析答案(3篇)
第1篇一、引言上海财经大学（以下简称“上财”）是我国著名的高等学府，拥有悠久的历史和丰富的教育资源。
本文旨在通过对上财近三年的财务报告进行分析，全面了解其财务状况、经营成果和现金流量情况，为投资者、利益相关者提供参考。
二、财务状况分析1. 资产负债表分析（1）资产分析上财资产总额逐年增长，2019年、2020年和2021年分别为100.16亿元、105.83亿元和110.49亿元。
其中，流动资产占比逐年提高，说明学校在流动性方面较为充裕。
固定资产占比较高，表明学校在基础设施和教学设施方面投入较大。
（2）负债分析上财负债总额逐年增长，2019年、2020年和2021年分别为46.16亿元、49.16亿元和52.16亿元。
流动负债占比逐年提高，说明学校在短期偿债能力方面较好。
长期负债占比相对较低，表明学校长期偿债压力较小。
（3）所有者权益分析上财所有者权益逐年增长，2019年、2020年和2021年分别为53.99亿元、56.67亿元和58.33亿元。
其中，实收资本和资本公积占比相对较高，表明学校在资本实力方面较为雄厚。
2. 利润表分析（1）收入分析上财收入主要包括学费收入、科研经费、政府补助等。
2019年、2020年和2021年总收入分别为32.46亿元、34.26亿元和36.17亿元，逐年增长。
其中，学费收入占比逐年提高，表明学校在招生规模和学费水平方面取得一定成效。
（2）费用分析上财费用主要包括教学支出、科研支出、管理费用等。
2019年、2020年和2021年总费用分别为28.78亿元、30.37亿元和32.17亿元，逐年增长。
其中，教学支出占比相对较高，表明学校在人才培养方面投入较大。
（3）利润分析上财利润主要包括营业收入、投资收益等。
2019年、2020年和2021年净利润分别为3.68亿元、3.89亿元和4.00亿元，逐年增长。
其中，营业收入占比相对较高，表明学校在经营活动中取得一定成效。
对外经贸大学财务报表分析考试复习-汇总
《财务报告分析》复习一、单选1.企业收益的主要来源是（A经营活动）A.经营活动B.投资活动C.筹资活动D.投资收益2.短期债权包括（C商业信用）。
A.融资租赁B.银行长期贷款C.商业信用D.长期债券3.下列项目中属于长期债权的是（B融资租赁）A.短期贷款B.融资租赁C.商业信用D.短期债券4.资产负债表的附表是（D应交增值税明细表）A.利润分配表B.分部报表C.财务报表附注D.应交增值税明细表5.利润表反映企业的（B经营成果）A.财务状况B.经营成果C.财务状况变动D.现金流动6.我国会计规范体系的最高层次是（C会计法）A.企业会计制度B.企业会计准则C.会计法D.会计基础工作规范7.注册会计师对财务报表的（A公允性）发表意见。
A.公允性B.真实性C.正确性D.完整性8.无形资产应按（D账面价值与可收回金额孰低）计量。
A.实际成本B.摊余价值C.账面价值D.账面价值与可收回金额孰低9.当法定盈余公积达到注册资本的（D50%）时，可以不再计提。
A.5％B.10％C.25％D.50%10.下列各项中（A固定资产净残值）不是影响固定资产净值升降的直接因素。
A.固定资产净残值B.固定资产折旧方法C.折旧年限的变动 D.固定资产减值准备的计提11.股份有限公司经登记注册，形成的核定股本或法定股本，又称为（D注册资本）。
A.实收资本B.股本C.资本公积D.注册资本12.可用于偿还流动负债的流动资产指（C现金）A.存出投资款B.回收期在一年以上的应收款项C.现金D.存出银行汇票存款13.酸性测试比率，实际上就是（D速动比率）A.流动比率B.现金比率C.保守速动比率D.速动比率14.现金类资产是指货币资金和（B短期投资净额）A.存货B.短期投资净额C.应收票据D.一年内到期的长期债权投资15.企业（D有可动用的银行贷款指标）时，可以增加流动资产的实际变现能力。
A.取得应收票据贴现款B.为其他单位提供债务担保C.拥有较多的长期资产D.有可动用的银行贷款指标16.减少企业流动资产变现能力的因素是（B未决诉讼、仲裁形成的或有负债）A.取得商业承兑汇票B.未决诉讼、仲裁形成的或有负债C.有可动用的银行贷款指标D.长期投资到期收回17.企业的长期偿债能力主要取决于（B获利能力）。
上海对外贸易学院财管中加财务报表分析期中考试(答案见其他word)
Marks:TRUE/FALSE(1 point for each question, total 20 points)(Note: Put your answer into the following table correspondingly.)( ) (1) All of the information needed by professional analysts to give a complete picture of a company is found in the published financial statements.( ) (2) Suppliers monitor the financial statements of their customers to protect collection of their accounts receivable.( ) (3) Timeliness is a qualitative characteristic of accounting information that indicates that information should be provided to users before statutory deadlines.( ) (4) Generally accepted accounting principles are set by the Securities and Exchange Commission.( ) (5) The ability to raise additional cash by selling assets, issuing stock, or borrowing more is financial flexibility.( ) (6) To measure earnings under accrual accounting, revenues are recognized when they are received.( ) (7) The matching principle requires that expenses be recognized in the same period in which the revenues are recognized that were produced by the expenses.( ) (8) Basic earnings per share is computed by dividing net income by the weighted average number of common shares of stock outstanding.( ) (9) Liquidity refers to the ability of a company to generate sufficient cash flows to maintain its productive capacity and still meet interest and principal payments on long-term debt.( ) (10) The change in cash during a period is equal to the net income for the period. ( ) (11) Depreciation is added back to net income to determine cash from operating activities under the indirect method.( ) (12) Current assets are listed on the balance sheet in descending order of liquidity. ( ) (13) The quick ratio measures the most immediate liquidity of a company.( ) (14) Activity ratios describe the profitability of a company.( ) (15) Financial leverage is beneficial when the company earns more than the incremental after-tax cost of debt.( ) (16) Managers’ ability to freely choose among several alternative reporting methods makes it more difficult for a financial analyst to evaluate the activities and condition of a company.( ) (17) Asset turnover is defined as sales divided by total assets.( ) (18) Beginning inventory plus inventory purchases equals cost of goods sold.( ) (19) Dividends paid by a corporation represent a distribution of earnings to stockholders.( ) (20) The direct approach and the indirect approach are two alternative methods of presenting cash flows from investing activities.MULTIPLE CHOICES(1.5 points for each question, total 30 points)(Note: Put your answer into the following table correspondingly.)Which of the following is included in other comprehensive income?A.Unrealized holding gains and losses on trading securities.B.Unrealized holding gains and losses that result from a debt security being transferred into theheld-to-maturity category from the available-for-sale category.C.Foreign currency translation adjustments.D.The difference between the accumulated benefit obligation and the fair value of pensionplan assets.( ) (2) A decrease in net assets arising from peripheral or incidental transactions is called a(n)A.capital expenditure.B.cost.C.loss.D.expense.( ) (3) According to generally accepted accounting principles, revenue should be recognized at the earliest time thatA.the “critical event” has taken place and the proceeds are collected.B.the “critical event” has taken place and the amount of revenue collected is reasonablyassured.C.collection is reasonably assured and the “critical event” can be mea sured.D.collection has taken place and the “critical event” can be measured.( ) (4) How are marketable securities valued on the balance sheet?A.Historical cost.B.At cost or fair value depending on how the securities are classified.C.Market value.D.At fair value with the difference between cost and fair value reported as revenue.( ) (5) Probable future economic benefits obtained or controlled by an entity as a result of past transactions or events defineA.assets.B.liabilities.C.equity.D.retained earnings.( ) (6) Which profit measure is best for assessing how well a firm operates within their industry?A.Gross profit.B.Operating profit.C.Earnings before taxes. profit.( ) (7) Operating and financial flexibility refers to a company’s ability toA.adjust to unexpected downturns in the economic environment in which it operates or totake advantage of profitable investment opportunities as they arise.B.generate sufficient cash flows to maintain its productive capacity and still meet interestand principal payments on long-term debt.C.readily convert assets to cash relative to how soon liabilities will have to paid in cash.D.finance debt in ratio to financing through equity sources.( ) (8) During 2007, Gomez Corporation disposed of Pine Division, a major component of its business. Gomez realized a gain of $1,200,000, net of taxes, on the sale of Pine's assets. Pine's operating losses, net of taxes, were $1,400,000 in 2007. How should these facts be reported in Gomez's income statement for 2007?Total Amount to be Included inIncome from Results ofContinuing Operations Discontinued OperationsA.$1,400,000 loss $1,200,000 gainB.200,000 loss 0C.0 200,000 lossD.1,200,000 gain 1,400,000 loss( ) (9) The amount of income taxes recognized on the income statement but not yetpayable to the government are found on theA.balance sheet in the account Deferred Income Taxes.B.balance sheet in the account Income Taxes Payable.C.income statement in the account Income Tax Expense Current.D.income statement in the account Income Tax Expense Deferred.( ) (10) Net income for Monique Inc. for the fiscal period ended December31, 2005 is $78,000.Its accounts receivable balance at December 31,2005 is $121,000 and it was $69,000 at December31, 2004. Its accounts payable balance at December 31, 2005 is $72,000 and it was $43,000 at December 31, 2004. Depreciation for 2005 is $12,000 and there is an unrealized gain of $15,000 included in 2005 income from the change in value of trading securities. Which of the following amounts represents Monique's cash flow from operations for 2005?A.$52,000.B.$67,000.C.$82,000.D.$98,000.( ) (11) Return on equity using the traditional DuPont formula equals :A.(net profit margin)(interest component)(solvency ratio).B.(net profit margin)(total asset turnover)(tax retention rate).C.(net profit margin)(total asset turnover)(financial leverage multiplier).D.(tax rate)(interest expense rate)(financial leverage multiplier).( ) (12) Financial statements followA.rigid guidelines that require specific adherence to regulated procedures.B.generally accepted guidelines that allow management to choose among differentprocedures.C.general guidelines with little choice among different procedures.D.legal requirements for uniform presentation and disclosure.( ) (13) Published reports of public companies include a description of the company’s business risks, results of operations, financial condition, and future plans for the company known as theA.management discussion and analysis.B.management representation letter.C.President’s message.D.Board of Directors’ analysis.( ) (14) Financial information that is verifiable, faithfully represented, and neutral isA.reliable.B.consistent.parable.D.relevant.( ) (15) Revenues are earned whenA. a contract is signed by both parties.B.the seller substantially completes performance required by an agreement.C.the buyer completes payment required under an agreement.D.the buyer accepts delivery and completes required payments.( ) (16) The bes t measure of a firm’s sustainable income isA.income from continuing operations.B.income before extraordinary items.C.income before extraordinary item and change in accounting principle. income.( ) (17) Working capital accounts includeA.all assets.B.all assets and liabilities.C.current assets and all liabilities.D.current assets and current liabilities.( ) (18) What impact does depreciation have on the cash account?A.Depreciation results in an increase to cash.B.Depreciation results in an decrease to cash.C.Depreciation has no impact on the cash account.D.Depreciation only impacts the cash account if inflation has occurred.( ) (19) The write-off of obsolete equipment would be classified as:A.operating cash flow.B.investment cash flow.C.financing cash flow.D.no cash flow impact.( ) (20) In a common-size balance sheet, each balance sheet is expressed as a percentage of totalA.liabilities.B.assets.C.shareholders’ equity.D.assets plus shareholders’ equity.COMPUTATIONAL QUESTIONS: (25 points each, total 50 points)(Note: Write your answer clearly into the space following each question.)1）Monsanto’s 1994 Annual Report stated that the Chairman and CEO, Richard J. Mahoney, would retire on March 31, 1995. Mahoney’s cash compensation for 1994 consisted of :Salary $950,000 Annual incentive award(based primarily on achieving or exceeding a net income goal) 1,680,000 Total cash compensation $2,630,000In addition, Mahoney participated in a long term compensation plan that granted annual stock option awards if the return on stockholder’s equity exceeded 20%. Monsanto’s reported ROE was Net income = $622 millionOpening stockholders’ equity = $2,855 millionClosing stockholders’ equity = $2,948 millionROE = Net income/average stockholders’ equity = $622/$2,902= 21.4%Excerpts from 1994 Annual Report (in $millions)1994 1993 1992 Net income (loss) $622 $494 ($88)ROE 21.4% 16.9% (2.6%) Note: Restructurings and Other ActionsIn December 1994, the board of directors approved a plan to eliminate redundant staff activities across the company and consolidate certain staff and administrative business functions. The plan will result in reductions in worldwide employment levels of approximately 500 people. In addition, the company will close or exit certain facilities and programs. These workforce reductions and closures will be substantially completed by the end of 1995. The pretax expense related to these actions was $89 million ($55 million after tax).In September 1994, Monsanto received $67 million from the U.S. Internal Revenue Service in settlement of certain tax matters related to the 1985 acquisition of Searle. This settlement included interest of $33 million （$21 million after tax）, recorded as a one-time gain. Most of the remainder of the proceeds reduced the balance of unamortized goodwill related to the Searle acquisition….…Restructuring expenses are recorded based on estimates prepared at the time the restructuring actions are approved by the board of directors. In the fourth quarter of 1994, the board approved the reversal of $49 million of pretax excess restructuring reserves from prior years. The excess was primarily due to higher than expected proceeds and lower exit costs from the sale and shutdown of nonstrategic businesses and facilities included in the 1993 and 1992 restructuring actions. The balance in restructuring reserves as of Dec. 31, 1994, was $254 million, and consisted primarily of workforce reduction costs under the 1994 actions and planned facility dismantling and site closure costs remaining under previous restructurings. Management believes that the balance of these reserves as of Dec. 31, 1994, is adequate for completion of those activities….Given the reported ROE of 21.4%, Mahoney was granted options for 275,000 shares at $77.75per share, the market price on the grant date. At the end of November 1995, the market price of Monsanto shares was $120 per share. In exercised and sold, the option would have gained about $11,600,000( $42.25*275,000).ing the information presented, discuss whether Mahoney’s stock option were deserved.Provide at least one argument for and one argument against the option award.b.Discuss whether the nonrecurring events disclosed should be included in managementperformance measures such as ROE.ing the information presented, discuss the expected level of Monsanto’s future incomeand ROE.2）The balance sheet and income statement for the Green Company are presented in the Exhibit 1 .a. Based on the financial statements provided, prepare a statement of cash flows for 2001 using thei) Indirect methodii) Direct methodb. Calculate the company’s free cash flow.EXHIBIT 1 THE GREEN COMPANYBalance Sheet and Income StatementBalance Sheet Income Statement for the YearAs of December 31 2001 2000 Ending December 31,2001Assets Sales $10,000 Cash $1,000 $1,100 Cost of goods sold 6,000 Accounts receivable 1,500 1,650 Depreciation 600 Inventory 2,000 2,200 SG&A 1,000 Total current assets $4,500 $4,95 Interest expense 600Fixed assets—at cost*11,000 12,150 Taxable income $1,800 Accumulated depreciation 4,500 5,100 Taxes 720 Net fixed assets 6,500 7,050 Net income $1,080 Total assets $11,000 $12,000Liabilities and EquityAccrued liabilities $ 800 $880Accounts payable 1,200 1,320Notes payable 5,500 6,050Total current liabilities 7,500 8,250Long-term debt 2,000 1,620Common stock 1,000 1,000Retained earnings 500 1,148Total liabilities and equity $11,000 $12,000* No fixed assets were sold during 1996.。
上海对外贸易学院财管中加财务报表分析(答案见其他word)quiz 3
Quiz 3Name:Student No.:1. The statement of cash flows is least likely to provide which of the following items ofinformation for investment decision making?A.Whether unexpected obligations of the firm can be met.B.Whether the firm is likely to need additional financing.C.Whether the firm can take advantage of new business opportunities as they arise.D.Whether the firm's management has demonstrated sound fiscal management.2. What is implied if the accounts receivable account has increased?A.Cash flow from operating activities is greater relative to net income.B.Cash flow from operating activities is less relative to net income.C.The firm's sales have increased relative to the prior year.D.None of the above.3. What impact does depreciation have on the cash account?A.Depreciation results in an increase to cash.B.Depreciation results in an decrease to cash.C.Depreciation has no impact on the cash account.D.Depreciation only impacts the cash account if inflation has occurred.4. Use the indirect method to answer questions 4-7. The following information is available forCasey Company:Net income $200 Increase in plant and equip. $ 90Depreciation expense 50 Payment of dividends 25Increase in accounts receivable 30 Increase in long-term debt 100Decrease in inventories 10 Decrease in accounts payable 2017. What is cash flow from operating activities for Casey Company?A.$195B.$310C.$210D.$2905. What is cash from investing activities for Casey Company?A.($215)B.$215C.($90)D.$906. What is cash from financing activities for Casey Company?A.$75B.$125C.($125)D.$557. What is the change in cash for Casey Company?A.$85B.$375C.$125D.$1958. The write-off of obsolete equipment would be classified as:A.operating cash flow.B.investment cash flow.C.financing cash flow.D.no cash flow impact.9. Increase in dividends payable would be classified as:A.operating cash flow.B.Investment cash flow.C.financing cash flow.D.no cash How impact.10. Net income for Monique Inc. for the fiscal period ended December31, 2005 is $78,000.Itsaccounts receivable balance at December 31,2005 is $121,000 and it was $69,000 atDecember31, 2004. Its accounts payable balance at December 31, 2005 is $72,000 and itwas $43,000 at December 31, 2004. Depreciation for 2005 is $12,000 and there is anunrealized gain of $15,000 included in 2005 income from the change in value of tradingsecurities. Which of the following amounts represents Monique's cash flow from operationsfor 2005?A.$52,000.B.$67,000.C.$82,000.D.$98,000.11. What does a decreasing inventory turnover ratio usually indicate about a firm?A.The firm is selling more inventory.B.The firm is managing its inventory well.C.The firm is inefficient in the management of inventory.D.Both (a) and (b).12. What is the net trade cycle?A.The amount of time needed to complete the normal operating cycle of a firm.B.The amount of time it takes to manufacture or buy inventory.C.The amount of time it takes to sell inventory.D.None of the above.13. To study trends in a firm's cost of goods sold (COGS), the analyst should standardize thecost of goods sold numbers to a common-sized basis by dividing COGS by:A.assets.B.sales. income.D.the prior year's COGS.14. Return on equity using the traditional DuPont formula equals :A.(net profit margin)(interest component)(solvency ratio).B.(net profit margin)(total asset turnover)(tax retention rate).C.(net profit margin)(total asset turnover)(financial leverage multiplier).D.(tax rate)(interest expense rate)(financial leverage multiplier).15. The percentage change in operating earnings divided by the percentage change in sales isreferred to as the:A.coefficient of variation of operating income.B.coefficient of variation of sales.C.operating leverage.D.gross profit margin.。
智慧树知到《财务报表分析(上海对外经贸大学)》章节测试答案
智慧树知到《财务报表分析（上海对外经贸大学）》章节测试答案第1章单元测试1、系统的企业财务报表分析起源于美国银行家对企业进行的所谓决策分析。
答案：错2、由以信用分析为重心转变为以投资分析为重心，并非是后者对前者的否定，而是由于资本市场的发展和企业融资来源构成的变化，使得这一时期的财务报表分析是以后者为重心的两者并存状况。
答案：对3、企业财务报表分析只是用于外部分析，即企业外部利益相关者根据各自的需求进行分析。
答案：错5、财务报表分析就由信用分析阶段进入投资分析阶段，其主要任务也从稳定性分析过渡到收益性分析。
答案：对第2章单元测试1、可验证性是指企业的会计处理必须以实际发生的业务为基础，以取得的业务凭证为依据。
这样，就能保证企业的会计处理，从填制记账凭证、登记账簿到编制会计报表等过程都有可靠的凭证为依据，也能保证会计上的帐证、帐帐、帐表和帐实之间的相互一致。
答案：错2、相关性原则是指企业提供的会计信息应当与财务会计报告信息使用者的经济决策需要相关，有助于财务会计报告使用者对企业过去、现在或者未来的情况做出评价或者预测。
答案：对3、同一企业不同时期发生的相同或者相似的交易或者事项，必须采用一致的会计政策，不得变更。
答案：错5、由于收付实现制是以企业实际收付现金的时间为确认收入和费用的基本标准，因而报表中所体现的企业当期经营成果与期末的现金余额相互一致，这样可以使得企业的经营成果具有非常高的含金量和可信度。
答案：对第3章单元测试1、企业的行业特点也制约着货币资金规模。
答案：对2、企业过高的货币资金规模，一定意味着企业正在丧失潜在的投资机会。
答案：错3、企业持有的货币资金规模越大越好。
答案：错4、库存现金是流动性最大的货币资金项目。
答案：对5、银行存款是指企业存放在当地开户银行或其他金融机构的存款账户上的货币资金。
答案：对第4章单元测试1、强制性债务必须当期支付。
答案：错2、“债务沉淀”并非不需偿还。
答案：对3、非强制性负债相比于强制性负债给企业的偿债压力较小。
精编【财务报表管理】企业财务报表分析对外经济贸易大学远程学院企业财务报表
【财务报表管理】企业财务报表分析对外经济贸易大学远程学院企业财务报表xxxx年xx月xx日xxxxxxxx集团企业有限公司Please enter your company's name and contentv答案一、单项选择题1.D2.A3.C4.A5.B6.A7.D8.D9.A 10.B11.B 12.B 13.C 14.C 15.A16.A 17.B 18.C 19.C 20.B21.A 22.B 23.A 24.D 25.B26.C 27.C 28.B 29.D 30.D31.B 32.B 33.C 34.B 35.C二多项选择1.ABD2.ABDE3.ABCE4.AC5.ACE6.BCDE7.ABCDE8.ABD9.ACD 10.ABCD11.ABCD 12.ABCD 13.ABCD 14.BCD 15.ABDE16.BD 17.ABC 18.ABC 19.D 20.C21.三判断题1-5 T T F F F 6-10 F T F T T11-15 T F F F F 16-20 F F T F T21-25 F T F T F 36-30 F F F T T对外经济贸易大学远程教育学院2007-2008学年第一学期《企业财务报表分析》期末考试大纲一。
单项选择题1.具有高资金成本，低财务风险的融资结构称为（）A.风险型融资结构B.安全型融资结构C.中庸型融资结构D.保守型融资结构2.在通货膨胀条件下，追求利润最大的企业倾向于使用（）A.先进先出法B.个别认定法C.加权平均法D.后进先出法3.关于流动比率，下列说法不正确的有（）A.流动比率过低，说明企业可能有清偿到期债务的困难B.流动比率过高，说明企业有较多不能盈利的闲置流动资产C.是衡量短期偿债能力的唯一指标D.流动比率以2∶1比较合适4.营业利润率指标计算公式中，分子是指（）A.息税前利润B.销售利润C.税前利润D.营业利润5.某企业期初存货200万元，期末存货300万元，本期产品销售收入为1500万元，本期产品销售成本为1000万元，则该存货周转率为（）A.3.3次B. 4次C. 5次D. 6次6.下列关于资产结构的说法不正确的有（）A.财务风险主要与资产结构有关B.经营风险主要与资产结构有关C.资产的流动性与资产风险性有密切关系D.资产的流动性与资产收益性有密切关系7.某企业税后净利为67万元，所得税率33%，利息费用为50万元，则该企业利息保障倍数为（）。
财务报表分析知识要点2最后附答案(北外)
财务报表分析（知识要点）课程编号：BWME3011学籍号：______________________学习中心：______________________姓名：______________________注意事项：1、本试卷满分100分，考试时间120分钟；2、请将答案一律写在答题纸上。
一、新单选题（每题5分，共50分。
）1. 以下属于期间报表的是A、利润表B、资产负债表C、现金流量表D、所有者权益变动表2. 在评价企业短期偿债能力的各项指标中，最为保守的一项指标是A、营运资本B、流动比率C、速动比率D、现金比率3. 某企业本年度销售获现比率95.4%，上一年度销售获现比率为97.2%，则对于该企业的正确评价为A、销售获现能力增强，信用政策合理B、销售获现能力减弱，信用政策合理C、销售获现能力增强，信用政策不够合理D、销售获现能力减弱，信用政策不够合理4. 公司的存货周转率越高，不表明A、存货回收速度越快B、经营管理效率越高C、存货占用资金越多D、公司利润率越高5. 对企业股东权益增长率、收益增长率等方面的发展趋势进行的分析，主要是对企业哪方面能力的分析A、运营能力B、盈利能力C、实际增长能力D、可持续增长能力6. 某企业20X2年1月1日发行利率为5%的可转换债券，面值2000万元，转换率为每100元债券可转换为1元面值普通股50股。
该企业20X2年净利润为3000万元，发行在外的普通股加权平均数为5000万股，所得税税率为30%，则该企业的稀释每股收益为A、0.5B、0.51C、0.55D、0.67. 某公司税后利润为60万，所得税率25%，利息费用为40万元，则该公司的利息保障倍数为A、3B、2C、1D、48. 根据杜邦分析法，以下不会有效提高净资产收益率的途径是A、增加固定资产投资B、使营业收入增长幅度高于成本费用的增长幅度C、减少公司的销货成本D、在现有资产基础上增加营业收入9. 以下影响资产结构的因素是A、经营性质B、债务规模C、资本结构D、产品结构10. 以下不属于财务报表分析基本方法的是A、比较分析法B、主观分析法C、比率分析法D、因素分析法二、是非题（正确的填写“T”，错误的填写“F”。
上海对外贸易学院财管中加财务报表分析(答案见其他word)quiz 4
Quiz 4Name:Student No.:1. With the exception of legal costs, generally accepted accounting principles(GAAP) require thatcosts incurred in:Developing Patents Are: Purchased Patents Are:A. expensed expensedB. expensed capitalizedC. capitalized expensedD. capitalized capitalized2. The interest costs during construction are:A. expensed as incurredB. expensed at the completion of the construction projectC. capitalized and then, once construction is completed, amortized over the life of the loan.D. capitalized and then, once construction is completed, amortized over the life of theconstructed asset.3. For purposes of analysis, capitalized interest should be:A. added to fixed assets.B. added back to the cash flows for investment.C. added to interest expense and results in higher net income.D. subtracted from interest expense and results in higher net income.4. Which of the following statements is most correct? Accounting choices:A. never affect cash flows.B. always affect cash flows.C. may affect the classification of cash flow components without affecting total cash flow.D. never affect the classification of cash flow components without affecting total cash flow.5. Use the following data to answer Questions 5 through 7.Tofu Products, Inc. has purchased a new soybean processor for $300,000 (shipping and installation included ).The processor has a useful life of 15 years.The expected salvage value is$10,000.Their corporate tax rate is 39%.They expect to earn $500,000 before depreciation and taxes.What is the depreciation expenseforyear3ifthesum of the years' digits (SYD) depreciation method is used?A. $19,333.B. $29,604.C. $31,417.D. $36,250.6. Wh at is the depreciation expense for year 2 if the double-declining balance (DDB) methodis used?A. $19,333.B. $24,242.C. $34,667.D. $40,000.7. Which of the three methods--SL, SYD, Or DDB--will produce the most year-1 net income?A. Straight-line.B. Sum of the years' digits.C. Double-declining balance.D. They all will produce the same level of net income.8. Which of the following statements about depreciation methods is FALSE?A. Sinking fund depreciation is a common depreciation method in the U.S.B. The cost of plant and equipment includes all necessary expenditures made prior to placingthe asset into service.C. When using the DDB method, depreciation is ended when book value is reduced to salvagevalue.D. Accelerating deductions by using SYD for tax purposes and SL for financial reporting willresult in the creation of a deferred tax liability.9. Which of the following statements is FALSE? During the year of a write-down, the loss fromimpairment will decrease:A. cash flows.B. asset values.C. retained earnings.D. income from continuous operations.10. To determine whether an asset is impaired, an analyst should use:A. discounted cash flows and should use discounted cash flows to calculate the amount of theimpairment.B. discounted cash flows and should use undiscounted cash flows to calculate the amount of theimpairment.C. undiscounted cash flows and should use discounted cash flows to calculate the amount of theimpairment.D. undiscounted cash flows and should use undiscounted cash flows to calculate the amount ofthe impairment.。
2020智慧树,知到《财务报表分析》章节测试完整答案
2020智慧树，知到《财务报表分析》章节测试完整答案智慧树知到《财务报表分析(上海对外经贸大学)》章节测试答案见面课：《财务报表分析》第一次见面课1、问题:资产负债表主要反映公司的( )A:经营成果B:现金流量C:财务状况D:盈利能力答案: 【财务状况】2、问题:资产负债表的编制基础 ( )A:权责发生制B:收付实现制C:现金制D:公允价值答案: 【权责发生制】3、问题:比较不同国家的公司的资产负债表时，可能面临的问题包括( )A:会计准则不同B:会计期间不同C:计量单位不同D: 报表项目不同答案: 【会计准则不同;会计期间不同 ;计量单位不同 ;报表项目不同】4、问题: 资产负债表上各个资产项目，反映的都是相关资产的历史成本答案: 【错】5、问题:编制资产负债表的结构百分比报表，有助于了解一家公司的资产负债构成答案: 【对】见面课：《财务报表分析》第三次见面课1、问题:现金流量主要反映公司的( )A:经营成果B:现金流量C:财务状况D:盈利能力答案: 【现金流量】2、问题:现金流量表的编制基础 ( )A:权责发生制B:收付实现制D:公允价值答案: 【收付实现制】3、问题:比较不同国家的公司的现金流量表时，可能面临的问题包括( )A:会计准则不同B:会计期间不同C:计量单位不同D: 报表项目不同答案: 【会计准则不同;会计期间不同 ;计量单位不同 ;报表项目不同】4、问题:一个经营活动现金净流量连续多年为负数，说明公司在扩大投资规模。
答案: 【错】5、问题: 我国上市公司现金流量表中的经营活动现金流量是采用直接法编制的。
答案: 【对】见面课：《财务报表分析》第二次见面课1、问题:利润表表主要反映公司的( )A:.经营成果C:财务状况D:盈利能力答案: 【.经营成果】2、问题:利润表的编制基础 ( )A:权责发生制B:收付实现制C:现金制D:公允价值答案: 【权责发生制】3、问题:比较不同国家的公司的利润表时，可能面临的问题包括A:会计准则不同B:会计期间不同C:计量单位不同D:报表项目不同答案: 【会计准则不同;会计期间不同 ;计量单位不同 ;报表项目不同】4、问题:如果一个公司有利润，那么就一定有现金流入。
财务报表分析_对外经济贸易大学中国大学mooc课后章节答案期末考试题库2023年
财务报表分析_对外经济贸易大学中国大学mooc课后章节答案期末考试题库2023年1.从财务效应的角度而言，质量较高的资本结构一般应表现为企业在融资后能够获得增量利润。
答案:正确2.“短融长投”是指用长期资金来源来支持短期波动性流动资产。
答案:正确3.企业留存资本可以视为原股东在企业经营期间对企业所追加的投资答案:正确4.金融性资本的显著特点是偿还本金的压力较大，并需要支付利息。
答案:正确5.留存资本在资产负债表上主要表现为：答案:盈余公积_未分配利润6.在分析中，通常采用母公司数据，可以分别计算经营性资产与投资性资产的比例关系以及核心利润与投资收益之间的比例关系。
答案:正确7.利润的含金量分析实际上是在对利润的结果进行分析。
答案:正确8.以下属于经营活动产生的现金流量的是：答案:收到的其他与经营活动有关的现金_支付的各项税费_购买商品、接受劳务支付的现金_销售商品、提供劳务收到的现金9.考察企业经营活动现金流量的质量，应从以下哪些方面进行？答案:对企业战略的支持力度_经营活动现金流入量的充足性_经营活动现金流出量的合理性_经营活动现金净流量的稳定性10.现金流量表在结构上将企业一定期间产生的现金流量分为三类：经营活动产生的现金流量、投资活动产生的现金流量和筹资活动产生的现金流量。
答案:正确11.现金流量表按照收付实现制原则编制，将权责发生制下的盈利信息调整为收付实现制下的现金流量信息。
答案:正确12.通过现金流量表可以评价企业的支付能力和偿债能力。
答案:正确13.财务报表分析的主体包括（）。
答案:企业债权人_社会中介机构_经营管理者_政府职能机构14.以下属于货币资金的是：答案:银行汇票存款_信用证存款15.现金流量表将现金流量划分为经营活动、投资活动和筹资活动所产生的现金流量，并按照现金流入和现金流出项目分别反映。
答案:正确16.将两期或连续数期的财务报表中的相同指标进行对比，确定其增减变动的方向、数额和幅度，以说明企业财务状况和经营成果的变动趋势的财务报表分析方法成为（）。
智慧树答案财务报表分析(上海对外经贸大学)知到课后答案章节测试2022年
绪论1.通过财务报表分析可以了解（）。
答案:企业财务状况;企业偿债能力;企业盈利能力;企业的发展能力第一章1.年度报告包括以下哪些内容（）。
答案: 股份变动及股东情况; 公司治理; 经营情况讨论与分析; 财务报告2.财务报表包括以下哪些内容（）。
答案:资产负债表;利润表;报表附注;现金流量表3.上市公司的信息披露文件主要包括（）。
答案:临时报告;招股说明书;定期报告;上市公告书4.审计机构的非正常更换可能是公司财务质量不佳甚至是信用资质恶化的重要信号。
答案:对5.公司治理不是上市公司财务信息披露强制与监督机制的组成部分。
答案:错6.公司的财务报表本质上不是其各种经济活动结果的分类反映。
答案:错第二章1.在企业编制的会计报表中，反映财务状况变动的报表是资产负债表。
答案:对2.决定企业货币资金持有量的因素有哪些？答案:企业融资能力;所在行业特性;企业规模;企业负债结构3.影响应收账款坏账风险加大的因素是什么？答案:信用期限较长4.按照我国现行会计准则的规定，确定发出存货成本时不可以采用的方法是什么？答案:后进先出法5.下列项目中，属于短期债权项目的是（）。
答案:商业信用6.通过资产负债表分析可以达到的目的有（）。
答案: 判断所有者的资本保值增值情况; 分析资产的结构; 分析债务的期限结构和数量第三章1.利润表的三大要素包括哪些？答案:费用;收入;利润2.下列公式计算正确的是（）。
答案:净利润=利润总额-所得税费用;利润总额=营业利润+营业外收入-营业外支出;综合收益总额=净利润+其他综合收益;营业利润=营业收入-营业成本-税金及附加-销售费用-管理费用-财务费用-资产减值损失+公允价值变动损益+投资收益3.利润表的作用包括（）。
答案:有助于评价企业经营战略的实施效果;有助于解释、评价和预测企业的偿债能力;有助于评价和考核经营者的经营业绩;有助于解释、评价和和预测企业的经营成果和盈利能力4.期间费用包括销售费用、管理费用和财务费用三种。
财务报告分析网课答案(3篇)
第1篇一、课程概述本课程旨在帮助学生深入理解财务报告分析的基本原理和方法，通过学习如何解读和分析企业的财务报表，提升财务决策能力。
以下是对本课程内容的详细分析和答案。
二、课程内容分析1. 财务报表概述（1）资产负债表分析- 答案：资产负债表是企业财务状况的静态反映，包括资产、负债和所有者权益三大部分。
分析资产负债表时，应关注流动比率和速动比率，以评估企业的短期偿债能力；同时，关注资产负债率和权益乘数，以评估企业的长期偿债能力和财务杠杆水平。
（2）利润表分析- 答案：利润表是企业一定时期内经营成果的动态反映，包括营业收入、营业成本、税金及附加、期间费用等。
分析利润表时，应关注毛利率、净利率等指标，以评估企业的盈利能力和成本控制水平。
（3）现金流量表分析- 答案：现金流量表是企业一定时期内现金流入和流出的动态反映，包括经营活动、投资活动和筹资活动产生的现金流量。
分析现金流量表时，应关注经营活动现金流量净额，以评估企业的现金创造能力。
2. 财务比率分析（1）偿债能力分析- 答案：偿债能力分析主要包括流动比率、速动比率、资产负债率等指标。
流动比率和速动比率反映了企业的短期偿债能力，资产负债率反映了企业的长期偿债能力。
（2）营运能力分析- 答案：营运能力分析主要包括存货周转率、应收账款周转率、总资产周转率等指标。
这些指标反映了企业的资产运营效率。
（3）盈利能力分析- 答案：盈利能力分析主要包括毛利率、净利率、净资产收益率等指标。
这些指标反映了企业的盈利水平和盈利能力。
（4）发展能力分析- 答案：发展能力分析主要包括营业收入增长率、净利润增长率、总资产增长率等指标。
这些指标反映了企业的成长性和发展潜力。
3. 特殊问题分析（1）盈利质量分析- 答案：盈利质量分析主要关注企业的收入确认、成本费用控制等方面。
应关注收入确认的合理性、成本费用的真实性，以及非经常性损益的影响。
（2）行业分析- 答案：行业分析主要关注行业的发展趋势、竞争格局、政策环境等方面。
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Quiz 1
Name:
Student No.:
1. What basic financial statements can be found in a corporate annual report?
A.Balance sheet, auditor's report and income statement.
B.Balance sheet, income statement, statement of shareholders' equity, and statement of
cash flows.
C.Earnings statement and statement of retained earnings.
D.Statement of cash flows and five-year summary of key financial data.
2. Where are the possible places that the four financial statements can be found?
A.In the Form 10-K filed annually with the SEC.
B.In the annual report mailed to shareholders.
C.In the company's proxy statement or on the company's Web site.
D.All of the above.
3. What item is included in the notes to the financial statements?
A.The auditor' s report.
B.The management discussion and analysis.
C.The Form 10-K report.
D. A summary of the firm' s accounting policies.
4. Which of the following items would not be discussed in the management discussion and
analysis?
mitments for capital expenditures.
B.The internal and external sources of liquidity.
C.The market value of all assets.
D. A breakdown of sales increases into price and volume components.
5. What is a Form 10-K?
A.The annual report of a publicly held company which must be filed with the SEC.
B.The quarterly report of a publicly held company which must be filed with the SE
C.
C.The bankruptcy report of a publicly held company which must be filed with the SEC.
D.The form required to report a change of auditor.
6. Which of the following statements is false?
A.The SEC has delegated accounting rule-making to the FAS
B.
B.The FASB is comprised of seven full-time, paid members.
C.The FASB has legal authority to write international accounting standards.
D.In recent years the SEC and FASB have worked closely together in the development of
accounting policy.
7. Which of the following is included in other comprehensive income?
A.Unrealized holding gains and losses on trading securities.
B.Unrealized holding gains and losses that result from a debt security being transferred into
the held-to-maturity category from the available-for-sale category.
C.Foreign currency translation adjustments.
D.The difference between the accumulated benefit obligation and the fair value of pension
plan assets.
8. The underlying theme of the conceptual framework is
A.decision usefulness.
B.understandability.
C.reliability.
parability.
9. A decrease in net assets arising from peripheral or incidental transactions is called a(n)
A.capital expenditure.
B.cost.
C.loss.
D.expense.
10. Which of the following statements about materiality is not correct?
A.An item must make a difference or it need not be disclosed.
B.Materiality is a matter of relative size or importance.
C.An item is material if its inclusion or omission would influence or change the judgment of
a reasonable person.
D.All of these are not correct statements about materiality.。