Finance
Quiz by Olivia
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5 questions
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- Q1What is long term liability?AssetsFinancial obligation due in less than a yearAccounts ReceivableFinancial obligation due in one year or more30s
- Q2What would the journal entry be if you sold a product for cash?Debit cost of goods sold and credit cashDebit cash and credit cost of goods soldDebit inventory and credit cashDebit cash and credit inventory30s
- Q3What happens if you issue new stocks?Dividends would decreaseOwners Equity would decreaseOwners Equity would increaseDividends would increase30s
- Q4What does NPV stand for?Net present valueNew Performance ValuationNegative Performance ValuationNew Population Value30s
- Q5What financial statement has revenue and expenses?Statement of cash FlowsFree Cash FlowsIncome statementBalance Sheet30s