FIN 370 Week 1 Practice Week 1 Knowledge Check

Page 1

FIN/370T Finance for Business

The Latest Version A+ Study Guide

************************************* FIN 370 Entire Course Link https://uopcourses.com/category/fin-370/ ************************************* FIN 370 Week 1 Practice: Week 1 Knowledge Check Complete the Week 1 "Knowledge Check" in ConnectÂŽ. Note: You have unlimited attempts available to complete this practice assignment. The highest scored attempt will be recorded. These assignments have earlier due dates, so plan accordingly. Grades must be transferred manually


to eCampus by your instructor. Don't worry, this might happen after your due date. MC Qu. 1-14 Which of the following managers would... Which of the following managers would NOT use finance? Multiple Choice human resource managers marketing managers operational managers all of these choices are .

MC Qu. 1-11 Which of the following is defined... Which of the following is defined as a group of securities


that exhibit similar characteristics, behave similarly in the marketplace, and are subject to the same laws and regulations? Multiple Choice market instruments investments financial markets asset classes

MC Qu. 1-63 An angel investor differs from a... An angel investor differs from a venture capitalist because of the Multiple Choice size of investment.


voting rights. type of investment. investment time frame.

MC Qu. 1-18 This type of business organization is... This type of business organization is entirely legally independent from its owners. Multiple Choice hybrid organizations partnership sole proprietorship public corporations


MC Qu. 1-67 Which of these is the system... Which of these is the system of incentives and monitors that tries to overcome the agency problem? Multiple Choice checks and Balances Security Exchange Commission board of Directors corporate Governance

MC Qu. 1-54 From the perspective of control, the... From the perspective of control, the best form of business organization is the


Multiple Choice corporation. partnership. S corporation. sole proprietorship.

MC Qu. 1-19 Which of the following is... Which of the following is NOT considered a hybrid organization? Multiple Choice limited liability partnership limited liability company


limited partnership all of these choices are . S corporation

MC Qu. 1-1 The increase in oil production in... The increase in oil production in the United States characterizes which of the following key financial concepts presented in this book? Multiple Choice the Rule of 72 time value of money capital budgeting


risk and return

MC Qu. 1-59 All of the following are an... All of the following are an example of a fiduciary relationship EXCEPT Multiple Choice a financial advisor advises her clients. a CEO manages the firm. the shareholder elects a board member. a bank employee manages deposits.


MC Qu. 3-85 Which ratio assesses how efficiently a... Which ratio assesses how efficiently a firm uses its fixed assets? Multiple Choice capital intensity ratio current ratio fixed asset turnover average collection period

MC Qu. 3-90 A firm reported working capital of... A firm reported working capital of $5.5 million and fixed assets of $20 million. Its fixed asset turnover was 1.2 times. What was the firm's sales to working capital ratio? Multiple Choice 4.36 times


6.03 times 2.21 times 5.19 times

MC Qu. 3-103 Which ratio measures the number of... Which ratio measures the number of dollars of operating cash available to meet each dollar of interest and other fixed charges that the firm owes? Multiple Choice fixed-charge coverage ratio cash coverage ratio operating coverage ratio


times interest earned

MC Qu. 3-25 You are evaluating the balance sheet... You are evaluating the balance sheet for Blue Jays Corporation. From the balance sheet you find the following balances: cash and marketable securities = $200,000, accounts receivable = $800,000, inventory = $1,000,000, accrued wages and taxes = $250,000, accounts payable = $400,000, and notes payable = $300,000. What are Blue Jays' current ratio, quick ratio, and cash ratio, respectively? Multiple Choice 3.07692, 1.53846, 0.30769 1.05263, 1.05263, 0.21053 2.10526, 1.05263, 0.21053


3.07692, 1.05263, 0.30769

MC Qu. 3-6 Which of the following ratios measure... Which of the following ratios measure how efficiently a firm uses its assets, as well as how efficiently the firm manages its accounts payable? Multiple Choice quick or acid-test cash internal-growth asset management

MC Qu. 3-20 For publicly traded firms, which of...


For publicly traded firms, which of these ratios measure what

investors

think

of

the

company's

future

performance and risk? Multiple Choice profitability ratios liquidity ratios price value ratios market value ratios

MC Qu. 3-116 Which ratio measures the overall return... Which ratio measures the overall return on the firm's assets including financial leverage and taxes? Multiple Choice basic earning power


ROE ROA profit margin

MC Qu. 3-112 The maximum growth rate that can... The maximum growth rate that can be achieved by financing asset growth with internal financing or retained earnings is called the Multiple Choice internal growth rate. sustainable growth rate. retention rate.


operating expansion rate.

MC Qu. 3-22 Which of the following is the... Which of the following is the maximum growth rate that can be achieved by financing asset growth with new debt and retained earnings? Multiple Choice weighted growth rate internal growth rate sustainable growth rate retained earnings growth rate


MC Qu. 3-23 To interpret financial ratios, managers, analysts,... To interpret financial ratios, managers, analysts, and investors

use

which

of

the

following

type

of

benchmarks? Multiple Choice time series analysis cross-industry analysis time-industry analysis competitive analysis

MC Qu. 3-42 Last year Poncho Villa Corporation had... Last year Poncho Villa Corporation had an ROA of 16 percent and a dividend payout ratio of 25 percent. What


is the internal growth rate? Multiple Choice 13.64 percent 33.33 percent 25.40 percent 1.19 percent


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