12 Grade Quiz #3, October 24, 2013

9 Questions | Total Attempts: 221

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12th Grade Quizzes & Trivia

Questions and Answers
  • 1. 
    Working Capital is the ability of a firm to be able to pay its short-term debts. 
    • A. 

      True

    • B. 

      False

  • 2. 
    Which is NOT a part of the Work Cycle?
    • A. 

      Credit

    • B. 

      Cash

    • C. 

      Liquidation

    • D. 

      Production

  • 3. 
    The net monthly cash flow consist of opening and closing balance.
    • A. 

      True

    • B. 

      False

  • 4. 
    Below is the correct equation for Current Ratio: Current Assets - Stocks / Current Liabilities
    • A. 

      True

    • B. 

      False

  • 5. 
    Current Assets = Stocks + Debtors + Cash
    • A. 

      True

    • B. 

      False

  • 6. 
    What  person that stated the following quote in the movie Meltdown. “One day we had a firm, the next day we did not.”
    • A. 

      Dick Fuld

    • B. 

      Maxine Waters

    • C. 

      Jim Flaherty

    • D. 

      Hank Paulson

  • 7. 
    People were buying apartments, in 2008, not to live in, but to resale and make a profit.
    • A. 

      True

    • B. 

      False

  • 8. 
    Who is the man, in the movie Meltdown, known as “The Snake?”
    • A. 

      Alex Brummer

    • B. 

      Allen Greenspan

    • C. 

      Hank Paulson

    • D. 

      James Cayne

  • 9. 
    In the movie Meltdown, excess credit was showing in ‘sub-prime’ loans.
    • A. 

      True

    • B. 

      False