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Essay Quiz
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1
List and describe three public sources of financial information that are available to help you make an investment decision.
2
List and describe the sections of a classified balance sheet and give examples of the types of accounts found in each section.
3
List and describe the major sections of a classified income statement.
4
How does a common-size income statement differ from the income statements you prepared in previous chapters?
5
How do the profit drivers of net profit margin, asset turnover, and financial leverage relate to the computation of return on equity (ROE)?
6
As a manager, what steps might you take to improve the ROE of your company?
7
List the three categories of cash flows and describe the types of transactions for each.







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