財(cái)務(wù)分析的商務(wù)英語(yǔ)討論試題及答案姓名：____________________

一、多項(xiàng)選擇題（每題2分，共20題）

1.Whichofthefollowingfinancialratioscanbeusedtomeasureacompany'sprofitability?

A.CurrentRatio

B.ReturnonEquity

C.DebttoEquityRatio

D.InventoryTurnoverRatio

2.Whatistheprimarypurposeofafinancialstatementanalysis?

A.Topredictthefutureperformanceofthecompany

B.Toassessthecurrentfinancialhealthofthecompany

C.Toevaluatethemanagement'sperformance

D.Alloftheabove

3.Whichfinancialratioindicatesthecompany'sabilitytopayitsshort-termobligations?

A.ProfitMargin

B.QuickRatio

C.ReturnonAssets

D.PricetoEarningsRatio

4.Whatdoesthecashflowstatementshow?

A.Thecashinflowsandoutflowsduringaspecificperiod

B.Theprofitandlossfortheperiod

C.Theassetsandliabilitiesattheendoftheperiod

D.Theequitychangesduringtheperiod

5.Whichfinancialratioisusedtomeasuretheefficiencyofacompany'soperations?

A.OperatingMargin

B.ReturnonCapitalEmployed

C.ReturnonEquity

D.PricetoBookRatio

6.Whatdoesanegativereturnonequityindicate?

A.Thecompanyisearningareturnontheshareholders'equity

B.Thecompanyisnotearningareturnontheshareholders'equity

C.Thecompanyislosingmoney

D.Thecompany'sassetsaredeclining

7.Whatdoesthebreak-evenanalysishelptodetermine?

A.Theminimumsalesvolumerequiredtocoverallcosts

B.Thecontributionmarginperunit

C.Thefixedcostsofthecompany

D.Thevariablecostsperunit

8.Whichfinancialratioisusedtoassessthecompany'sfinancialleverage?

A.DebttoEquityRatio

B.InterestCoverageRatio

C.CurrentRatio

D.InventoryTurnoverRatio

9.Whatisthepurposeofhorizontalanalysis?

A.Tocomparefinancialdataoverdifferentperiodsoftime

B.Toidentifytrendsinfinancialperformance

C.Todeterminetheliquidityofthecompany

D.Toassessthecapitalstructureofthecompany

10.Whichfinancialratioisusedtomeasurethereturnoninvestment?

A.ReturnonAssets

B.ReturnonEquity

C.ReturnonCapitalEmployed

D.NetProfitMargin

11.Whatdoesarisingtrendinthecurrentratioindicate?

A.Thecompany'sliquidityisimproving

B.Thecompany'sliquidityisdeteriorating

C.Thecompany'sprofitabilityisincreasing

D.Thecompany'sprofitabilityisdecreasing

12.Whichfinancialratioisusedtoassessthecompany'sabilitytopayoffitslong-termdebts?

A.InterestCoverageRatio

B.DebttoEquityRatio

C.CurrentRatio

D.QuickRatio

13.Whatisthepurposeofverticalanalysis?

A.Tocomparefinancialdataoverdifferentperiodsoftime

B.Toidentifytrendsinfinancialperformance

C.Todeterminetheliquidityofthecompany

D.Toassessthecapitalstructureofthecompany

14.Whichfinancialratioisusedtomeasuretheefficiencyofacompany'suseofdebt?

A.DebttoEquityRatio

B.InterestCoverageRatio

C.CurrentRatio

D.QuickRatio

15.Whatdoesanegativeoperatingmarginindicate?

A.Thecompanyisearningaprofitfromitsoperations

B.Thecompanyisnotearningaprofitfromitsoperations

C.Thecompany'ssalesaredeclining

D.Thecompany'sexpensesareincreasing

16.Whichfinancialratioisusedtoassessthecompany'sdividendpolicy?

A.DividendPayoutRatio

B.DividendYield

C.EarningsPerShare

D.PricetoEarningsRatio

17.Whatisthepurposeofaratioanalysis?

A.Tocomparefinancialdataofdifferentcompanies

B.Toidentifystrengthsandweaknessesofacompany

C.Topredictthefuturefinancialperformanceofacompany

D.Alloftheabove

18.Whichfinancialratioisusedtomeasuretheefficiencyofacompany'smanagement?

A.InventoryTurnoverRatio

B.AccountsReceivableTurnoverRatio

C.TotalAssetTurnoverRatio

D.Alloftheabove

19.Whatdoesahighinventoryturnoverratioindicate?

A.Thecompanyissellingitsinventoryquickly

B.Thecompanyisholdingontoitsinventoryforalongtime

C.Thecompanyisnotgeneratingenoughsales

D.Thecompany'sexpensesareincreasing

20.Whichfinancialratioisusedtoassessthecompany'ssolvency?

A.DebttoEquityRatio

B.InterestCoverageRatio

C.CurrentRatio

D.Alloftheabove

二、判斷題（每題2分，共10題）

1.Thenetprofitmarginisameasureofhowmuchnetincomeacompanygeneratesfromitsrevenue.(正確/錯(cuò)誤)

2.Theliquidityratioiscalculatedbydividingcurrentliabilitiesbycurrentassets.(正確/錯(cuò)誤)

3.Thedebt-to-equityratioisameasureofacompany'sfinancialleverageandindicatestheproportionofequitycomparedtodebtusedtofinanceassets.(正確/錯(cuò)誤)

4.Ahighreturnonequityindicatesthatacompanyiseffectivelyusingitsshareholders'equitytogenerateprofits.(正確/錯(cuò)誤)

5.Thebreak-evenpointisthepointatwhichacompany'stotalrevenueequalsitstotalcosts,resultinginzeroprofitorloss.(正確/錯(cuò)誤)

6.Thebalancesheetprovidesinformationaboutacompany'sassets,liabilities,andequityataspecificpointintime.(正確/錯(cuò)誤)

7.Arisingtrendintheaccountsreceivableturnoverratiosuggeststhatacompanyisbecomingmoreefficientincollectingitsreceivables.(正確/錯(cuò)誤)

8.Theprice-to-earningsratio(P/Eratio)isavaluationratiothatcomparesthepriceofacompany'ssharestoitsearningspershare.(正確/錯(cuò)誤)

9.Thecashflowstatementshowstheinflowandoutflowofcashoveraspecificperiodoftime,butitdoesnotnecessarilyreflecttheprofitabilityofthecompany.(正確/錯(cuò)誤)

10.Verticalanalysisinvolvesexpressingeachfinancialstatementitemasapercentageofabasefigure,typicallythetotalassetsforthebalancesheetortotalrevenuefortheincomestatement.(正確/錯(cuò)誤)

三、簡(jiǎn)答題（每題5分，共4題）

1.Explainthepurposeofafinancialratioanalysisandidentifythreekeyratiosthatcanbeusedtoevaluateacompany'sfinancialperformance.

2.Describethecomponentsofacashflowstatementandexplainhoweachsectioncontributestotheoverallunderstandingofacompany'sliquidity.

3.Discussthesignificanceofthereturnonassets(ROA)ratioandhowitcanbeusedtoassessacompany'sefficiencyinusingitsassetstogenerateprofits.

4.Explaintheconceptofhorizontalanalysisandprovideanexampleofhowitcanbeusedtoidentifytrendsinacompany'sfinancialstatementsovertime.

四、論述題（每題10分，共2題）

1.Discusstheimportanceoffinancialanalysisinthedecision-makingprocessforinvestorsandcreditors.Howcanathoroughfinancialanalysishelpinevaluatingthecreditworthinessandinvestmentpotentialofacompany?

2.Analyzetheimpactofeconomicconditionsonacompany'sfinancialstatements.Howcanfinancialanalystsusetheseconditionstopredictpotentialrisksandopportunitiesforacompany?Provideexamplesofspecificeconomicfactorsthatmightinfluencefinancialperformance.

試卷答案如下：

一、多項(xiàng)選擇題

1.B.ReturnonEquity

2.D.Alloftheabove

3.B.QuickRatio

4.A.Thecashinflowsandoutflowsduringaspecificperiod

5.B.ReturnonCapitalEmployed

6.B.Thecompanyisnotearningareturnontheshareholders'equity

7.A.Theminimumsalesvolumerequiredtocoverallcosts

8.B.InterestCoverageRatio

9.A.Tocomparefinancialdataoverdifferentperiodsoftime

10.A.ReturnonAssets

11.A.Thecompany'sliquidityisimproving

12.A.InterestCoverageRatio

13.A.Tocomparefinancialdataoverdifferentperiodsoftime

14.B.InterestCoverageRatio

15.B.Thecompanyisnotearningareturnonitsoperations

16.A.DividendPayoutRatio

17.D.Alloftheabove

18.D.Alloftheabove

19.A.Thecompanyissellingitsinventoryquickly

20.D.Alloftheabove

二、判斷題

1.正確

2.正確

3.正確

4.正確

5.正確

6.正確

7.正確

8.正確

9.錯(cuò)誤

10.正確

三、簡(jiǎn)答題

1.Financialratioanalysishelpsinvestorsandcreditorsinmakinginformeddecisionsbyprovidinginsightsintoacompany'sfinancialhealth,profitability,liquidity,andsolvency.Keyratiosinclude:liquidityratios(e.g.,currentratio,quickratio),profitabilityratios(e.g.,netprofitmargin,returnonassets),andsolvencyratios(e.g.,debttoequityratio,interestcoverageratio).

2.Thecashflowstatementcomponentsincludeoperatingcashflows,investingcashflows,andfinancingcashflows.Operatingcashflowsshowcashgeneratedfromthecompany'scorebusiness,investingcashflowsshowcashusedforinvestmentsinassets,andfinancingcashflowsshowcashmovementsrelatedtofinancingactivitiessuchasdebtandequityissuance.

3.Thereturnonassets(ROA)ratiomeasureshowefficientlyacompanyusesitsassetstogenerateprofits.Itiscalculatedbydividingnetincomebytotalassets.AhighROAindicatesefficientassetutilizationandcansuggeststrongfinancialperformance.

4.Horizontalanalysiscomparesfinancialstatementitemsoverdifferentperiodstoidentifytrends.Forexample,comparingrevenuegrowthratesoverthreeyearscanrevealifacompanyisexpand