BEC 1112015

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  1. If you know a nation's net domestic product (NDP), you can compute national income (NI) by:
    subtracting net foreign factor income earned in the United States and indirect business taxes.
  2. --------------------------------- is a measure of the market value of all final goods and services produced in an economy during a year.
    Gross Domestic Product is a measure of the market value of all final goods and services produced in an economy during a year.
  3. what is gross domestic product?
    Gross Domestic Product is a measure of the market value of all final goods and services produced in an economy during a year.
  4. ----------------------- is operating income less the “imputed” interest on the assets used to generate the income.
    Residual income is operating income less the “imputed” interest on the assets used to generate the income.
  5. what is residual income?
    Residual income is operating income less the “imputed” interest on the assets used to generate the income.
  6. The ----------------- is a liquidity ratio that measures the firm's ability to discharge currently maturing obligations from most liquid (quick) current assets, cash, marketable equity securities (MES), and accounts receivable
    The quick ratio is a liquidity ratio that measures the firm's ability to discharge currently maturing obligations from most liquid (quick) current assets, cash, marketable equity securities (MES), and accounts receivable
  7. What does the quick ratio show?
    The quick ratio is a liquidity ratio that measures the firm's ability to discharge currently maturing obligations from most liquid (quick) current assets, cash, marketable equity securities (MES), and accounts receivable
  8. The -------------------- is more precise than the current ratio because only highly liquid assets are used
    The Quick Ratio is more precise than the current ratio because only highly liquid assets are used
  9. The Quick Ratio is more precise than the current ratio because only -------------------------------- are used
    The Quick Ratio is more precise than the current ratio because only highly liquid assets are used
  10. A high debt to total assets ratio for a company indicates:
    extensive use of financial leverage.
  11. Financial leverage refers to the extent to which ---------- and ----------------------------- are used in the capital structure.
    Financial leverage refers to the extent to which debt and preferred stock (i.e., fixed income securities) are used in the capital structure.
  12. ------------------------------------ refers to the extent to which debt and preferred stock (i.e., fixed income securities) are used in the capital structure.
    Financial leverage refers to the extent to which debt and preferred stock (i.e., fixed income securities) are used in the capital structure.
  13. -------------------------------- is a measure of the extent to which the independent variable accounts for the variation of the dependent variable
    Coefficient of determination is a measure of the extent to which the independent variable accounts for the variation of the dependent variable
  14. Coefficient of determination is a measure of the extent to which the independent variable accounts for the variation of the --------------------------------
    Coefficient of determination is a measure of the extent to which the independent variable accounts for the variation of the dependent variable
  15. The purpose of -------------------------- is to use an independent variable to predict the value of another variable.
    The purpose of regression analysis is to use an independent variable to predict the value of another variable.
  16. What is the purpose of regression analysis?
    The purpose of regression analysis is to use an independent variable to predict the value of another variable.
  17. ---------------------------------- is the method used to determine the rate of return that causes the present value of the net cash flows to equal the initial investment.
    Internal rate of return (IRR) is the method used to determine the rate of return that causes the present value of the net cash flows to equal the initial investment.
Author:
Joens1313
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314002
Card Set:
BEC 1112015
Updated:
2016-01-12 04:20:21
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BEC 1112015
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