1) Companies experiencing seasonal variations in sales often choose a fiscal year
corresponding to their ________________________ year.
2) Match each of the following terms with the appropriate formulas.
3) Explain the amortization of a bond premium. Identify and describe the amortization
methods available.
4) Describe the relation between revenues, expenses, and net income.
5) Identify each of the following assets by balance sheet classification by placing an X
in the correct classification: Plant Assets, Natural Resources, or Intangibles.
6) Explain how to calculate the price-earnings ratio and describe how it is used in
analysis of a company’s financial condition and performance.
7) The _______________________________ is computed by discounting the future net
cash flows from the investment at the project’s required rate of return and then
subtracting the initial amount invested.
8) When applying equal total payments to a note, with each payment the amount
applied to the note principal _______________ while the interest expense for the note
______________.