FlexiQuiz - QAI - Module #7 Quiz

1. Which of the following is one of the three main categories of a cash flow statement?

Cash from Accounts Receivable

Cash from Customer Relationships

Cash from Operating Activities

Cash from Marketing Activities

2. What type of financial statement provides information on a company's operating, investing, and financing activities for a specific period?

Income Statement

Balance Sheet

Cash Flow Statement

Statement of Shareholder's Equity

3. What financial statement provides information on a company's profitability over a specific period of time?

Cash Flow Statement

Income Statement

Statement of Shareholder's Equity

Balance Sheet

4. What does Net Working Capital (NWC) measure on a Balance Sheet?

A company's total assets

A company's ability to meet short-term obligations

A company's long-term liabilities

A company's total equity

5. Private Investor B (PIB) is considering an investment in CompanyY, which operates a subscription-based newsletter service. PIB has gathered the following financial information from CompanyY:

Monthly subscription fee charged to customers: $19.99
Average subscription duration: 12 months
Monthly costs associated with providing the newsletter service: $2.50 per subscriber
Customer Acquisition Costs (CAC): $50 per new subscriber

What is the approximate Customer Lifetime Value (CLV)

$240

$300

$210

$170

6. What does EBIT stand for?

Earnings Before Income and Taxes

None of the answers are correct

Earnings Before Inflation and Taxes

Earnings Before Interest and Taxes

7. What is the formula for calculating Gross Margin?

Revenue - Cost of Goods Sold

Net Income + Expenses

Gross Profit - Cost of Goods Sold

Earnings Before Taxes

8. Which financial statement is used for forward-looking estimates of a company's financial performance?

Income Statement

Balance Sheet

Cash Flow Statement

Statement of Shareholders' Equity

9. What does SG&A stand for in financial analysis?

Selling, General, and Assets

Shareholder's Gross Assessment

Sales, General, and Administrative

Sales and Gross Analysis

10. What financial statement provides information on a company's financial position, performance, and cash flow for a specific period in the past?

Balance Sheet

Income Statement

Cash Flow Statement

Statement of Shareholder's Equity

11. Which of the following is NOT one of the key financial statements used in financial analysis?

Income Statement

Cash Flow Statement

Marketing Statement

Balance Sheet

12. What financial metric is considered a rough approximation of operating cash flow?

Net Income

EBITDA

Gross Margins

Earnings Per Share

13. Customer Lifetime Value (CLV) is calculated by dividing the total revenue by the number of customers

False

True

14. What is Customer Acquisition Cost (CAC)?

Marketing and sales expenses related to acquiring new customers

The total profit generated by a customer over their lifetime

The price a customer is willing to pay for a product or service

The average number of purchases per year by a customer

15. What accounting method records transactions when they occur, regardless of when cash is received or paid out?

Accrual Accounting

Net Income Accounting

Non-Cash Accounting

Cash Accounting

16. What does the equation "Assets = Liabilities + Equity" represent on a Balance Sheet?

A company's total revenue

The accounting identity of a Balance Sheet

The company's total liabilities

The company's total assets

17. Which of the following is considered a current asset on a Balance Sheet?

Long-term loans

Equipment

Inventory

Real Estate

18. What does "unit economics" refer to in a business context?

The analysis of a company's marketing and sales expenses

The overall financial performance of a company

The analysis of a product or service's cost and revenue

The profitability of a specific customer

19. What is the formula for calculating Net Income on an income statement?

Revenue - Expenses

Gross Margin - SG&A

Earnings Before Taxes - Taxes

Net Income + Expenses

20. What is the primary purpose of financial analysis for investors?

Assessing the company's customer satisfaction

Assessing the company's performance

Determining the company's environmental impact

Assessing the company's market share

21. What is the primary purpose of a cash flow statement?

To calculate a company's net income over a specific period

To track cash usage and cash generation during a specific period

To report a company's total revenue over a specific period

To assess a company's total assets over a specific period

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