Wgu C214 Financial Management Oa Study Set (Graded A) Questions And Answers

WGU C214 Financial Management OA Study Set (GRADED A) Questions and Answers Tradin g on th e NYSE is execu ted with ou t a specialist (i.e. a market maker). Tru e or False? False Stocks an d Bon ds are two types of fin an cial in stru men ts. Tru e or False? Tru e Wh en reven u e is match ed with cost of sales in an In come statemen t it is called? Match in g prin ciple Basic balan ce sh eet equ ation is wh at? Equ ity = Assets - Liabilities Wh y is th e balan ce sh eet kn own as th e perman en t statemen t? Becau se th e oth er statemen ts are reset at th e en d of th e fiscal year. How do you calcu late th e ch an ge in retain ed earn in gs? Net in come-dividen ds Sales - Cost of Sales - oth er expen ses = Operatin g Income or EBiT Name fou r accou n ts th at are part of total assets? Cash , Accou n ts receivable, in ven tory, lon g term assets