IN Multiple Choice: Write your answer IN THE BOX (10 points) 1. Which financial statement reports a firm's assets, liabilities, and equity at a particular point iIn time? A Balance sheet B. Income statement C. Statement of retained earnings D. Statement of cash flows CL Answer 2. Common stockholders' equity divided by number of shares of common stock outstanding A. Earnings per share (EPS). B. Dividends per share (DPS). C. Book value per share (BVPS). D. Market value per share (MVPS). the formula for calculating Answer 3. This is cash flow available for payments to stockholders and debt holders of a firm after the firm has made investments in assets necessary to sustain the ongoing operations of the firm. A. Net income available to common stockholders B. Cash flow from operations C. Net cash flow D. Free cash flow Answer 4. An equity-financed firm will: A. pay more in income taxes than a debt-financed firm. B. pay less in income taxes than a debt-financed firm. C. pay the same in income taxes as a debt-finance firm. D. not pay any income taxes. Answer 5. Financial statements of publicly traded firms can be found in a number of places. Which of the following is NOT an option for finding publicly traded firms' financial statements? A. Facebook B. A firm's website C. Securities and Exchange Commission's (SEC) website D. Websites such as finance.yahoo.com