Fin 371 final exam new 2016 phoenix

FIN 371 FINAL EXAM NEW 2016 PHOENIX buy here

Immediate access to solutions for ENTIRE COURSES, FINAL EXAMS and HOMEWORKS “RATED A+" - Without Registration!

Times Purchased: 15 Rated: A+

* Click Buy Answer and complete the checkout process, an email will be immediately sent to you with a key (password) to have access to the answers.

FIN 371 FINAL EXAM NEW 2016 PHOENIX The income statement measures the increase in the assets of a firm over a period of time.

The P/E ratio provides no indication of investors' expectations about the future of a company.

Asset accounts are listed in order of their liquidity.

Marketable securities are temporary investments of excess cash and are valued at their original Book value per share and market value per share are usually the same dollar amount.

Retained earnings shown on the balance sheet represents available cash on hand generated from pri Cash flow consists of illiquid cash equivalents which are difficult to convert to cash within 90 days.

An increase in an asset represents a source of funds.

Interest expense is deductible before taxes and therefore has an after-tax cost equal to the interest p A cash flow statement is correct if the net cash flow ties to the ending cash balance.

The market determined required rate of return is also called the discount rate.

When the interest rate on a bond and its yield to maturity are equal, the bond will trade at par value.

The yield to maturity is always equal to the interest payment of a bond.

Business risk relates to the inability of the firm to meet its debt obligations as they come due.

When inflation rises, bond prices fall.

The longer the maturity of a bond, the greater the impact on price to changes in market interest rates.

Preferred stock is compensated for not having ownership privileges by offering a fixed dividend strea The value of a share of stock is the present value of the expected stream of future dividends.

Valuation of a common stock with no dividend growth potential is treated in the same manner as The drawback of the future stock value procedure is that it does not consider dividend income.

Firms with bright expectations for the future, tend to trade at high P/E ratios.