Q1 TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false 1) Financial capital is composed of

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Q1 True False Write T If The Statement Is True And F If The Statement Is False 1 Financial Capital Is Composed Of 1 (62.86 KiB) Viewed 28 times

Q1 TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false 1) Financial capital is composed of long-term plant and equipment, as well as other tangible investments ( ) 2) A limited partnership limits the profits partners may receive. . ( ) 3) The higher the profit of a firm, the higher the value the firm is in the market ( ) 4) When an investor has the ability to control how the stock price changes, that is considered insider trading. ( ) 5) Financial management requires both short-term activities as well as long-term planning such as raising funds. ( ) 6) The income statement shows the amount of profits earned based on any one given day() 7) Dividing earnings after taxes (which includes all profits distributed to both preferred stockholders and common stockholders) by common shares outstanding produces earnings per share ( ) 8) Accumulated depreciation shows up in the income statement, while depreciation expense shows up on the balance sheet ( ) 9) If two companies have the same return on equity (ROE), they will also have the same return on assets (ROA). ( ) 10) Under generally acceptable accounting principles, two companies with identical operating results may not report identical net incomes. ( )