1. A corporation's minimum legal capital is often defined to be the total par value of the shares: (Points : 1) Issued. Authorized. Subscribed. Outstanding. In treasury. 2. A partnership agreement: (Points : 1) is not binding unless it is in writing. Is the same as a limited liability partnership. Is binding even if it is not in writing. Does not generally address the issue of the rights and duties of the partners. Is also called the articles of incorporation. 3. Partnership accounting: (Points : 1) Uses a capital account for each partner. Uses a withdrawals account for each partner. Allocates net income to each partner according to the partnership agreement. Allocates net loss to each partner according to the partnership agreement. All of the above. 4. Book value per share is often used as a starting point for: (Points : 1) Stock valuation Merger negotiations Price setting for public utilities Loan contracts All of these 5. The contract between the bond issuer and the bondholders, which identifies the right and obligations of the parties, is called a(n): (Points : 1) Debenture Bond indenture Mortgage Installment rate Mortgage contract 6. The payment pattern for an installment note with equal total payments includes: (Points : 1) Increasing principal payments. Decreasing accrued interest. Constant cash payments. Both A and B. All of these. 7. Net profit margin reflects the percent of net income in each dollar of net sales. (Points : 1) True False 8. The statement of cash flows helps analysts evaluate the: (Points : 1) Source of cash for debt repayments. Source of cash for plany expansion. Differences between net income and net operating cash flow. Means used to finance investing activities. All of these. 9. Financial statements analysis: (Points : 1) Is the application of analytical tools to general-purpose financial statements and related data for making business decisions. Involves transforming accounting data into useful information for decision-making. Helps users to make better decisions. Helps to reduce uncertainty in decision-making. All of these. 10. Evaluation of company performance can include comparison and/or assessment of: (Points : 1) Past performance Currect performance Current financial position Future performance and risk All of these