financial statement analysis, 10e by k. r. subramanyam , john j. wild solutions manual and test bank

 financial statement analysis, 10e by k. r. subramanyam , john j. wild   solutions manual and test bank
http://www.mediafire.com/view/7d2b3osa557bwzz/Financial_Statement_Analysis,_10e_by_K._R._Subramanyam_,_John_JSMCh_02.doc

http://www.mediafire.com/view/1sb91aw0ley4cyo/Financial_Statement_Analysis,_10e_by_K._R._Subramanyam_,_John_JtbChap002.doc


Financial Statement Analysis 

K. R. Subramanyam John Wild 

May 19, 2008  0073379433  978-0073379432 10
Financial Statement Analysis, 10e, emphasizes effective business analysis and decision making by analysts, investors, managers, and other stakeholders of the company. It continues to set the standard in showing students the keys to effective financial statement analysis. The textbook is set up in a three part framework which makes this textbook one of the best selling books in the market. It begins with an overview (chapters 1-2), followed by accounting analysis (chapters 3-6) and then financial analysis (chapters 7-12). The book presents a balanced view of analysis, including both equity and credit analysis, and both cash-based and earnings-based valuation models. The tenth edition is aimed at accounting and finance classes, and the professional audience – as it shows the relevance of financial statement analysis to all business decision makers. The authors:


Chapter 02
Financial Reporting and Analysis

1. Which would be issued by auditors where there is a history of significant losses coupled with uncertain prospects?
A. An "except for" qualification
B. An adverse opinion
C. A disclaimer of opinion
D. An audit warning

2. Which of the following would require the filing of Form 8-K?
I. Major acquisition
II. Audited financial statements
III. Bankruptcy
IV. Change in management control
A. I and III
B. II and IV
C. I, III and IV
D. I, II, III and IV

3. Which of the following is not considered part of GAAP?
A. Statements of Financial Accounting Standards (SFAS)
B. International Accounting Standards (IAS)
C. Accounting Research Bulletins (ARB).
D. Accounting Principles Board Opinions (APB).

4. Which of the following is not considered a monitoring mechanism?
A. The Securities and Exchange Commission (SEC)
B. Top level management
C. The board of director's audit committee
D. The external auditors



5. Which of the following statements about directors of a company is true?
A. Directors are elected by management of a company.
B. Directors only get paid if the company increases its profitability that year.
C. Directors are shareholders' representatives.
D. All directors of a company are senior managers in that company.

6. Which of the following statements about accruals and cash flows is true?
A. All cash flows are value relevant.
B. Cash flows cannot be manipulated.
C. Cash flows are more reliable than accruals.
D. All accrual accounting adjustments are value irrelevant.

7. Which of the following statements about accruals and cash flows is false?
A. Company value can be determined by using accrual accounting numbers.
B. Accrual accounting numbers are subject to accounting distortions.
C. Cash flows are more reliable than accruals.
D. Cash flows cannot be manipulated.

8. The two primary qualities of accounting information to make it useful for decision making are:
A. reliability and comparability.
B. relevance and reliability.
C. materiality and comparability.
D. full disclosure and relevance.



9. Financial accounting data has some inherent limitations. Which of the following are limitations?
I. Not all economic events are easily quantifiable.
II. Many accounting entries rely heavily on estimates.
III. Historical cost can distort statements.
IV. Inflation can distort accounting data.
A. I, II and III
B. I, III and IV
C. II, III and IV
D. I, II, III and IV

10. Audit risk represents a danger to users of audited financial statements. The following are attributes pointing to potential areas of vulnerability except
A. company in financial distress requiring financing.
B. management dominated by one or more strong-willed individuals.
C. deterioration in liquidity or solvency.
D. company earning high profits consistently over a number of years.

11. If a company fails to record a material amount of depreciation in a previous year, this is considered:
A. a change in accounting principle.
B. an unusual item.
C. an accounting error.
D. a change in estimate.

12. Which of the following are examples of judgments made in the accounting reporting process?
I. Useful life of machinery
II. Allowance for doubtful accounts
III. Obsolescence of assets
IV. Interest payment on bonds
A. I, II, III and IV
B. I, II and III
C. II and III
D. I and III



13. Which of the following would affect the comparability of accounting information for a given company from one accounting period to the next?
I. Change in accounting principles
II. Disposition of segment of business
III. Restructuring expenses
IV. Change in auditors
A. I and II
B. I and III
C. I, II and III
D. I, III and IV

14. Which of the following would affect the comparison of financial statements across two different firms?
I. Different accounting principles
II. Different sizes of the companies
III. Different reporting periods
IV. Different industries
A. I, III and IV
B. I and IV
C. I and II
D. I, II, III and IV

 Byfort Company reports the following in its financial statements:



*All sales are on credit.

15. How much did the company collect in cash from debtors during 2006?
A. $445,389K
B. $454,611K
C. $484,289K
D. $488,900K



16. How much sales would have been reported by the company in 2006 if Byfort would have been using cash accounting and not accrual accounting?
A. $445,389K
B. $454,611K
C. $484,289K
D. $488,900K

17. 10-K reports are:
A. the quarterly reports to stockholders.
B. quarterly filings made by a company with the SEC.
C. annual filings made by a company with SEC.
D. filings made by a company with SEC when a company changes auditors.

18. The management of Finner Company believes that "the statement of cash flows is not a very useful statement" and does not include it with the company's financial statements. As a result the auditor's opinion should be:
A. qualified.
B. unqualified.
C. adverse.
D. disclaimed.

19. Which of the following statements is incorrect?
A. Under GAAP, statements are prepared using accrual accounting.
B. Under GAAP, all assets are marked to market each accounting period.
C. Under GAAP, it is necessary to make certain estimates.
D. Annual statements submitted to the SEC (10-K) must be prepared using GAAP.



20. When analyzing financial statements it is important to recognize that accounting distortions can arise. Accounting distortions are those things that cause deviations in accounting information from the underlying economics. Which of the following statements is not correct? Accounting distortions:
A. can arise as management may deliberately manipulate financial statements.
B. arise often through application of (correct) accounting principles.
C. can affect the quality of earnings.
D. arise if the stock market is not efficient.

21. Which of the following is a change in an accounting estimate?
I. A change from straight line depreciation to an accelerated depreciation method.
II. A change in estimated salvage value of depreciable asset.
III. A change in estimated useful life of an asset.
IV. Recording depreciation for the first time on machinery purchased five years ago.
A. I, II, III and IV
B. II, III and IV
C. I, III and IV
D. II and III

22. Which of the following are changes in accounting principle?
I. A change from LIFO to FIFO.
II. A change in estimated salvage value of depreciable asset.
III. A change from an accelerated depreciation method to straight line depreciation.
IV. Recording depreciation for the first time on machinery purchased five years ago.
A. I, II, III and IV
B. I, II and III
C. I, III and IV
D. I and III

23. Which of the following is not a source of industry information?
A. SEC manuals
B. Standard and Poor's
C. Trade journals
D. Robert Morris Associates



24. Which of the following information would not be filed with the SEC by a publicly traded company?
A. 10-K report
B. Prospectus
C. Proxy statement
D. Tax return

25. Accounting Standards are best described as:
A. the result of a political process among groups with diverse interests.
B. presentation standards mandated by the Securities and Exchange Commission.
C. the state-of-the-art presentation of the science of accounting.
D. measuring the quality of safeguarding assets.

26. The matching principle requires that:
A. revenues earned and expenses incurred in generating those revenues should be reported in the same income statement.
B. non-operating gains and losses should be netted against each other.
C. a proportion of each dollar collected will be assumed to be a recovery of cost.
D. assets will be matched to the liabilities incurred to purchase them.

27. If a company changes auditors, it is required to file the following with the SEC:
A. 10-K
B. 10-Q
C. 8-K
D. S-1

28. The primary responsibility for fair and accurate financial reporting rests with the:
A. board of directors.
B. SEC.
C. management.
D. auditors.



29. Which of the following is incorrect? When using the 10-Q, the analyst should be aware that the usefulness of the quarterly financial statements might be affected by:
A. seasonality.
B. adjustments made in the final quarter of the year.
C. the use of cash accounting.
D. the increased use of estimates.

30. Voluntary disclosure by managers is becoming an increasingly important source of information. Which of the following is least likely to be a reason for this increased disclosure?
A. Protection under Safe Harbor Rules.
B. To manage investors' expectations.
C. To signal information to investors.
D. To respond to increased demands by labor unions.

31. The two secondary qualities of accounting information to make it useful for decision making are:
A. consistency and comparability.
B. relevance and reliability.
C. materiality and comparability.
D. full disclosure and relevance.

32. Economic income measures change in:
A. asset value.
B. liability value.
C. shareholder value.
D. net cash flows.

33. Which one of the following is not an example of a red flag, used to evaluate earnings quality?
A. Qualified audit report
B. Net income this year is higher then net income last year
C. Poor financial performance
D. Frequent or unexplained changes in accounting policies



34. Economic income includes:
A. recurring components only.
B. nonrecurring components only.
C. both recurring and nonrecurring components.
D. neither recurring nor nonrecurring components.

35. For a going concern, company value can be expressed by:
A. dividing permanent income by the cost of capital.
B. multiplying permanent income by the cost of capital.
C. dividing permanent income by the market value per share.
D. multiplying permanent income by the market value per share.

36. Accounting income consists of all the following components except:
A. permanent component.
B. transitory component.
C. value irrelevant component.
D. temporary component.

37. To determine a company's sustainable earning power, an analyst needs to first determine the recurring component of the current period's accounting income by excluding nonrecurring components of accounting income. Such adjusted earnings are often referred to as:
A. core earnings.
B. permanent earnings.
C. basic earnings.
D. operating earnings.

38. SFAS 157 defines fair value as the:
A. market price.
B. exchange price.
C. net asset value.
D. real value.



39. SFAS prescribes that information about the level of inputs used for determining fair values must be reported in the:
A. balance sheet.
B. director's letter.
C. footnotes.
D. MD&A.

40. All of the following are basic approaches to valuation except:
A. market approach.
B. asset approach.
C. income approach.
D. cost approach.

41. GAAP stands for General American Accounting Principles, and must be adhered to by publicly traded companies when preparing their financial statements.
FALSE

42. FASB stands for Financial Accounting Service Bureau, and is a sub-division of the Securities and Exchange Commission (SEC).
FALSE

43. Under GAAP accounting, a company has the choice of using cash or accrual accounting in preparing its financial statements.
FALSE

44. Under cash accounting, a company must recognize revenues in financial statements when the revenues are earned or realized.
FALSE



45. Under accrual accounting, a company will recognize expenses as they are paid.
FALSE

46. Accrual income is a better predictor of future cash flows than current cash flows.
TRUE

47. The auditor provides "reasonable", as opposed to "absolute" assurance that the financial statements provide no material misstatement.
TRUE

48. Net income is usually higher than free cash flows.
TRUE

49. By using earnings management, managers always try to increase income.
FALSE


50. Income smoothing is a form of earnings management.
TRUE

I have the following solutions manuals & test banks. You can contact me at smcollector@gmail.com 
If the title you are looking for is not listed, do not hesitate to contact me, please send the email with the publisher and ISBN to me ,then I can help u to find it.
  Please use Control F (CTRL F) to find the book you are looking for by title, authorWe have the comprehensive SOLUTIONS MANUAL (answer key) for ALL of the following US & International textbooks and TEST BANKS for MOST of them in electronic format (PDF/Word). The solutions manual are comprehensive with answers to both even & odd problems in the text. The test bank contains practice exam and quiz questions and answers.
click it it has the list!

financial statement analysis, 10e by k. r. subramanyam , john j. wild   solutions manual and test bank 

financial statement analysis, 10e by k. r. subramanyam , john j. wild   solutions manual and test bank 
  Sample of solutions manual and test bank
download link :

42 comments:

  1. please email me the solution bank at neaz_iba@yahoo.com I'm a student... I need it badly.

    ReplyDelete
  2. please send me too... ryan.cuakep@gmail.com

    ReplyDelete
  3. kindly email me at, sitisaza@gmail.com..really apprecite it..tq.

    ReplyDelete
  4. Please send me the solution and test bank of financial statement analysis, 10e by k. r. subramanyam , john j. wild. I'm really appreciate your kindly help. From Vietnam. Anyway, my email is tiep.nguyenthe@gmail.com.

    ReplyDelete
  5. send me the solution of financial statement analysis, 10th by K.R Subramanyam to my email, pliss...
    vredy_blast@rocketmail.com

    ReplyDelete
  6. please send me the solution of financial statement analysis, 10th by K.R Subramanyam to my email. ramadhan.wiprayoga@yahoo.com

    ReplyDelete
  7. Please send me the solution and the test bank of financial statement analysis, 10th by K.R Subramanyam. Thank you!

    rosenteeth@gmail.com

    ReplyDelete
  8. Please send me the solution of Financial statement analysis, 10th by K.R Subramanyam to my email: nguyennampro98@gmail.com
    Thank you very much!

    ReplyDelete
  9. please send me the solution manual for financial statement analysis by Subramanyam, Wild, 10th edition to my mail: asian_amei@yahoo.com
    Thx. ^^

    ReplyDelete
  10. Please send me the solution and test bank of financial statement analysis, 10e by k. r. subramanyam , john j. wild.
    As soon as possible please.
    My email is: sone14@hotmail.com
    Thank you.

    ReplyDelete
  11. Please send me the solution and test bank of Financial statement analysis, 9th edition or 10th edition by K.R. Subramanyam, Jonh J.Wild.
    I have mid-term exam in 5th of November 2012.
    My email: choicun11@yahoo.com
    Thanks a lot.

    ReplyDelete
  12. please mail me at: machaveli365@yahoo.com

    ReplyDelete
  13. plesae send the solution and test bank of financial statement analysis at : boo_yeahyeah@hotmail.com
    need it badly for my exam!!

    ReplyDelete
  14. please send me the solution aejongah@yahoo.com . thanks

    ReplyDelete
  15. please send me "financial statement analysis, 10e by k. r. subramanyam , john j. wild solutions manual and test bank " at me e-mail id : challenge_accepter@hotmail.com
    thank u

    ReplyDelete
  16. please send me "financial statement analysis, 10e by k. r. subramanyam , john j. wild solutions manual and test bank "

    email: janice_309@yahoo.com

    Thank you!! pls~~~~

    ReplyDelete
  17. please send to makman240@yahoo.com pls pls pls

    ReplyDelete
  18. Please send to me jinsun906@gmail.com

    ReplyDelete
  19. Please send me test bank and solution of Financial statement analysis, 10th by K.R Subramanyam to my email: jerrysonglinh439@yahoo.com.vn
    Thank you very much!

    ReplyDelete
  20. please send me solution of financial statement analysis, 10 th by K.R Subramanyam to my email: ekarahmawatirahman@ymail.com

    ReplyDelete
  21. please send me too. sam.saman3@yahoo.com

    ReplyDelete
  22. Plz Send the solution and test bank of Financial Statement Analysis,10th Edition at amir16075@gmail.com
    I will be very thankful to you...

    ReplyDelete
  23. Please send me test bank and solution of Financial statement analysis, 10th by K.R Subramanyam to my email: chellez_ng@hotmail.com
    thank you so much before..:)

    ReplyDelete
  24. Hey, can you please send me the solution of financial statement analysis, 10th by K.R. Subramanyam to my email: k4_andromeda@yahoo.co.id
    Thank you so much before

    ReplyDelete
  25. hey, please send me financial statement analysis, 10e by k. r. subramanyam , john j. wild solutions manual and test bank. my email dessychan@ymail.com thank you so much

    ReplyDelete
  26. please send me too tayibfaqeer@yahoo.com

    ReplyDelete
  27. Hey, can you please send me the solution of financial statement analysis, 10th by K.R. Subramanyam to my email: heri.valentinus@gmail.com
    Thank you so much before

    ReplyDelete
  28. can you please send me the solution of financial statement analysis, 10th by K.R. Subramanyam to my email: leechingwong@hotmail.com
    Thank you so much

    ReplyDelete
  29. Hey, can you please send me the solution manual, test bank, and the powerpoint slides (If there is any) of FINANCIAL STATEMENT ANALYSIS 10e K.R. SUBRAMANYAM & WILD to my email: yusuf.rahmadi.k@gmail.com
    Thank you very much for your help! :)

    ReplyDelete
  30. Please send me too the solution manual of financial statement analysis subramanyan ed.10 to normafe3@gmail.com
    Super big thanks to youuuuuu

    ReplyDelete
  31. Hey, please send me the solution manual of Financial Statement Analysis (10e K.R, Subramanyam). I need it really badly to study for the upcoming test.

    I'll be really glad if you can send it to me, my email : esar929@gmail.com
    Thank you very much :)

    ReplyDelete
  32. Hey, would u mind to send me the solution manual of Financial Statement Analysis K.R. Subramanyam 10e? I need it so bad, tomorrow i have a test. Your email is so helpful for me, my email : ditaboo.haha@yahoo.com
    Please, I'm begging you. Thanks a lot....

    ReplyDelete
  33. Please, send a copy to faizar.bd@gmail.com
    God bless you.

    ReplyDelete
  34. This comment has been removed by a blog administrator.

    ReplyDelete
  35. Oh please send me the solution manual.
    My email is trannguyetquynh.skp@gmail.com
    Thanks a million times ^^

    ReplyDelete
  36. Hi, could you please send a copy of solution to me_majia@hotmail.com
    thanks a lot!

    ReplyDelete
  37. Please send me too the solution manual of financial statement analysis subramanyan ed.10 to sagalacwbs@gmail.com
    thank you

    ReplyDelete
  38. please send me "financial statement analysis, 10e by k. r. subramanyam , john j. wild solutions manual and test bank " at me e-mail id : yiyoyo007@sina.com

    thank u

    ReplyDelete
  39. Hey,
    Can you please send me the solution manual and the test bank for Financial statement analysis, 10e by K. R. Subramanyam , John J. Wild.I need it really much. My email is fructulmeuoprit@gmail.com

    Thank you very much.

    ReplyDelete
  40. plxx send me the solution for Financial Statement Analysis by K R Subramanyam, John J Wild, Isbn (10th Edition).. i need it badly plxx plxx my email is shabnamkhalid@yahoo.com..

    ReplyDelete

Related Posts Plugin for WordPress, Blogger...