FIN 370 help A Clearer path to student success/uophelp.com FIN 370 help A Clearer path to student success/uop | Page 8

Which financial statement shows the total revenues that a firm
earns and the total expenses the firm incurs to generate those
revenues over a specific period of time — generally one year?
Statement of cash flows
Statement of retained earnings
Balance sheet
Income statement
Which of the following is a true statement?
If interest rates fall, all bonds will enjoy rising values.
If interest rates fall, corporate bonds will have decreasing values.
If interest rates fall, no bonds will enjoy rising values.
If interest rates fall, U.S. Treasury bonds will have decreasing values.
-----------------------------------------------------------------------
FIN 370 Final Exam Guide (New, 100% score)
For more course tutorials visit
www.uophelp.com
Which one of the following statements is correct concerning the cash
cycle?
Accepting a supplier’s discount for early payment decreases the cash
cycle.
Increasing the accounts payable period increases the cash cycle.
The longer the cash cycle, the more likely a firm will need external
financing.