2027 CLFP Recertification Quiz #4: Financial Statements and Financial Ratios 2027 CLFP Recertification: Quiz #4 Financial Statements and Financial Ratios 1. Which of the following are not considered Current Assets? * Cash Inventory Accounts Receivable Machinery & Equipment 2. Considering the following, how much does the company have in Accounts Payable? Current Portion Long Term Debt $50,000 Long Term Debt $300,000 Total Liabilities $550,000 Net Worth/Equity $400,000 * $150,000 $300,000 $250,000 $200,000 3. Considering the scenario above, what are the company’s Total Assets? * $950,000 $150,000 $550,000 $200,000 4. EBITDA consists of the following: * Earnings Before Interest, Taxes, Depreciation, Amortization Earnings Before Income, Taxes, Depreciation, Allocations Earnings Before Interest, Tariffs, Depreciation, Amortization Earnings Before Income, Tariffs, Dividends, Amortization 5. Under the following scenario, what is the company’s return on assets (ROA)? Net Income $250,000 EBITDA $450,000 Total Assets $2,000,000 Total Liabilities $2,250,000 Net Worth <$250,000> * 11.11% 1.00% 12.50% 88.89% Name * Name First First Last Last Email - USE THE EMAIL ADDRESS WHERE THE INSTRUCTIONS WERE SENT TO (NOT FROM); OTHERWISE, OUR SYSTEM WILL NOT UPDATE YOUR CONTACT RECORD! * Submit If you are human, leave this field blank.
