Podcast
Questions and Answers
What is the primary concern of major suppliers when deciding to extend credit to a company?
What is the primary concern of major suppliers when deciding to extend credit to a company?
- Evaluating the company's profitability
- Analyzing the company's asset financing
- Determining the company's credit terms
- Assessing the company's liquidity (correct)
What does the liquidity of a firm measure?
What does the liquidity of a firm measure?
- The firm's ability to generate profits
- The firm's ability to pay its bills on time (correct)
- The firm's asset utilization efficiency
- The firm's financing costs
What type of asset can be quickly converted into cash at the current market price?
What type of asset can be quickly converted into cash at the current market price?
- Intangible asset
- Tangible asset
- Liquid asset (correct)
- Fixed asset
Which of the following is NOT a question that can be answered by using ratios?
Which of the following is NOT a question that can be answered by using ratios?
What is the primary purpose of analyzing a company's key financial relationships?
What is the primary purpose of analyzing a company's key financial relationships?
What is the primary purpose of liquidity analysis?
What is the primary purpose of liquidity analysis?
What is the formula to calculate the Current Ratio?
What is the formula to calculate the Current Ratio?
According to Walmart's Income Statement, what is the Operating Income (Earnings Before Interest and Taxes) for the year ending January 31, 2018?
According to Walmart's Income Statement, what is the Operating Income (Earnings Before Interest and Taxes) for the year ending January 31, 2018?
What is the total value of Walmart's Current Assets as of January 31, 2018?
What is the total value of Walmart's Current Assets as of January 31, 2018?
What is the purpose of the Acid Test or Quick Ratio?
What is the purpose of the Acid Test or Quick Ratio?
What is Walmart's Total Debt as of January 31, 2018?
What is Walmart's Total Debt as of January 31, 2018?
What is Walmart's current ratio?
What is Walmart's current ratio?
What is the main difference between the current ratio and the acid test or quick ratio?
What is the main difference between the current ratio and the acid test or quick ratio?
What is the advantage of using the quick ratio over the current ratio?
What is the advantage of using the quick ratio over the current ratio?
What does the days in receivables or average collection period measure?
What does the days in receivables or average collection period measure?
What is the accounts receivable turnover for Walmart?
What is the accounts receivable turnover for Walmart?
How does Walmart's liquidity compare to Target's?
How does Walmart's liquidity compare to Target's?