Free Saylor BUS105 Exam Dumps Questions & Answers

You are the newly hired manager of an individual restaurant chain. Which of the following responsibilities for your responsibility center would you be evaluated on?

• A.  Meeting cost budgets
• B.  Investments in assets decisions
• C.  Return on investment for shareholders
• D.  Revenues, costs, and resulting profits

Which of the following would be a measure of managerial accounting?

• A.  Statement of cash flows
• B.  Total liabilities as of June 1
• C.  Capital budget
• D.  The balance sheet

This is select financial statement data for the three divisions of Technology Goods, Inc. Assuming all assets are operating assets, what is the return on investment for each division?

• A.  53.0%, 32.0%, 50.9%
• B.  82.2%, 39.0%, 66.0%
• C.  17.8%, 10.0%, 15.9%
• D.  33.1%, 31.3%, 31.2%

A potential lender is investigating Wyatt Corporation's leverage. This is select balance sheet data for Wyatt Corporation as of December 31. What is the company's debt to assets ratio?

• A.  86%
• B.  14%
• C.  23%
• D.  74%

How does a statement of cash flows provide value for a company?

• A.  By showing assets, liabilities, and owners' equity at a point in time
• B.  By showing the change from the beginning cash balance to the ending cash balance on the balance sheet
• C.  By showing events that changed the stockholder's equity over the course of the accounting period
• D.  By showing revenues and expenses using the accrual basis of accounting