review Flashcards
1
Q
current ratio
A
current assets/current liabilities
2
Q
quick ratio
A
(current assets - inventory)/current liabilities
3
Q
debt to equity
A
total liabilities/shareholders’ equity
4
Q
OCI
A
- unrealized gains or losses on AFS securities
- unrealized gains or losses from pension costs.
- foreign currency translation adjustments.
- unrealized gains or losses from certain derivative transactions.
5
Q
SCF:operating
A
interest income/expense and dividend income
6
Q
dividend revenue financing or operating activities?
A
financing. dividend income is operating. under IFRs interest and dividends paid can be classified as either an operating or an financing activity, while interest and dividends received can be classified as either operating or investing.
7
Q
SCF:indirect method
A
a change in assets means cash moved in the opposite direction.
a change in liabilities means cash moved in the same direction.
