A. Net income
B. Net earnings
C. Net expenses
D. Net revenues
Related Mcqs:
- Method of inventory recording gives lower cost of goods sold in income statement is classified as______________?
A. Last in first out
B. Last out receivable
C. First out receivable
D. First in first out - Which of the following item provides the important function of shielding part of income from taxes?
A. Inventory
B. Supplies
C. Machinery
D. Depreciation - Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as____________?
A. Agency governance
B. Hiring governance
C. Corporate governance
D. External governance - Non cash revenues and non cash charges if it subtracted from net income is equal to___________?
A. Free cash flow
B. Retained cash flow
C. Net cash flow
D. Financing cash flow - Which of the following measure reveals how much profit a company generates with the money shareholders have invested?
A. Profit Margin
B. Return on Assets
C. Return on Equity
D. Debt-Equity Ratio - Net investment in operating capital is subtracted from net operating profit after taxes to calculate___________?
A. Relevant inflows
B. Free cash flow
C. Relevant outflows
D. Cash outlay - Federal government tax revenues if it exceeds government spending then it is classified as___________?
A. Budget surplus
B. Budget deficit
C. Federal reserve
D. Federal budget - Payment divided by par value is classified as______________?
A. Divisible payment
B. Coupon payment
C. Par payment
D. Per period payment - Notes, mortgages, bonds, stocks, treasury bills and consumer loans are classified as______________?
A. Financial instruments
B. Capital assets
C. Primary assets
D. Competitive instruments - Markets which bring closer institutions needing funds and with surplus funds are classified as______________?
A. Financial markets
B. Corporate institutions
C. Hedge firms
D. Retirement planners
