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60 Pages

Chap004

Course: FIN 300, Spring 2012
School: University of Kentucky
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Word Count: 2146

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1 McGraw-Hill/Irwin Copyright 4- 2011 by the McGraw-Hill Companies, Inc. All rights reserved. Time value of money A dollar today is worth more than a dollar tomorrow Why? Default risk Inflation Opportunity cost Discount rates help us value future cash flows today Basic Definitions Present Value (PV) The current value of future cash flows discounted at the appropriate discount rate Value at t=0 on a...

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University of Kentucky - FIN - 300
5-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.Didnt we just do this in Ch. 4? Yes, but. Now we will learn how to discount cashflows for a series of more interestingproblems How much should I put in my 40
University of Kentucky - FIN - 300
6-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.Bond Definitions Bond Debt contract Interest-only loanPar value (face value) ~ \$1,000Coupon rateCoupon paymentMaturity dateYield to maturity6-2Key Featu
University of Kentucky - FIN - 300
7-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.Cash Flows for Stockholders If you own a share of stock, you canreceive cash in two ways The company pays dividends You sell your shares, either to anotherin
University of Kentucky - FIN - 300
University of Kentucky - FIN - 300
9-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.Relevant Cash Flows Include only cash flows that will onlyoccur if the project is accepted Incremental cash flows The stand-alone principle allows usto analy
University of Kentucky - FIN - 300
10-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.RiskReturn Tradeoff Two key lessons from capitalmarket history: There is a reward for bearing risk The greater the potential reward,the greater the risk10-
University of Kentucky - FIN - 300
11-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.Expected ReturnsExpected returns are based on investorbeliefs about individual companies andthe entire economyThey are calculated using the probabilityof di
University of Kentucky - FIN - 300
12-1McGraw-Hill/IrwinCopyright 2011 by the McGraw-Hill Companies, Inc. All rights reserved.Cost of Capital Basics The cost to a firm for capital funding =the return to the providers of those funds The return earned on assets depends onthe risk of t
University of Kentucky - FIN - 300
University of Kentucky - AN - 300
Ten Thousand TimesMy first inkling of doubt came one day when I was in the communal practice room. Ilooked around to see what the 20 or so people were practicing on, and I noticed one Japanesestudent-teacher making small circles with her bow in front o
University of Kentucky - MKT - 310
Affect and CognitionChapter 3Todays Objectives1) Understand how consumers respond tomarketing stimuli and their environment,specifically affect2) Examine affect in greater depth3) Explore different consumer response modesrelated to affectAffect,
University of Kentucky - MKT - 310
Affect and Cognition III:BiasesChapter 3Todays ObjectivesUnderstand how consumers usecognition to respond to marketingstimuliExamine how affect, cognition, andconation are relatedTo introduce memory as an importantconsumer constructDiscuss cogn
University of Kentucky - MKT - 310
ProductKnowledgeandInvolvementChapter 4Todays ObjectivesDefine consumer knowledgeExamine different levels andtypes of product-relatedknowledgeUnderstand means-end chainsUnderstand involvementExplore factors that influenceinvolvement and its eff
Purdue - MGMT - 31000
Financial StatementsChapter 2The Balance SheetThe Income StatementTaxesCash FlowMGMT 3101/33Financial StatementsPurpose of Financial StatementsKey source of information for financial decisionsPrimary means of communicationBest available inform
Purdue - MGMT - 31000
Chapter 3Standardized Financial StatementsRatio AnalysisThe DuPont IdentityUsing Financial Statement InformationStandardized Financial StmtsPurpose of Standardized StatementsAllows comparison of financial informationOver time, particularly as the
Purdue - MGMT - 31000
Chapter 4What is Financial Planning?Financial Planning Models: A First LookThe Percentage of Sales ApproachRole of financial planningExamine interactions help management see theinteractions between decisionsExplore options give management a systema
Purdue - MGMT - 31000
Chapter 5Future Value and CompoundingPresent Value and DiscountingMGMT 3101/24Basic DefinitionsPresent Value earlier money on a time lineFuture Value later money on a time lineInterest rate exchange rate betweenearlier money and later moneyDisco
Purdue - MGMT - 31000
Chapter 6Future and Present Values of Multiple CashFlowsValuing Level Cash Flows: Annuities andPerpetuitiesComparing Rates: The Effect of CompoundingLoan Types and Loan AmortizationMGMT 3101/36Multiple cash flowsSuppose you invest \$500 in a mutu
Purdue - MGMT - 31000
Chapter 7Bonds and Bond ValuationBond RatingsTypes of BondsBond MarketsInflation and Interest RatesDeterminants of Bond YieldsKimberly-Clark Corporation announced the pricing of a \$700 million senior noteoffering. Kimberly-Clark intends to use the
Purdue - MGMT - 31000
Chapter 8Common Stock ValuationFeatures of Common and Preferred StocksThe Stock MarketsCash flows to stockholdersIf you buy a share of stock, you can receivecash in two waysThe company pays dividendsYou sell your shares, either to another investor
Purdue - MGMT - 31000
Chapter 12ReturnsThe Historical RecordAverage Returns: The First LessonThe Variability of Returns: The Second LessonMore on Average ReturnsCapital Market EfficiencyMGMT 3101/22Dollar returnsTotal dollar return = income frominvestment + capital
Purdue - MGMT - 31000
Chapter 13Expected Returns and VariancesAnnouncements, Surprises, and ExpectedReturnsRisk: Systematic and UnsystematicDiversification and Portfolio RiskSystematic Risk and BetaThe Security Market LineRisk and ReturnInvestors who buy assets have r
Purdue - MGMT - 31000
Chapter 9Net Present ValueThe Payback RuleThe Discounted PaybackThe Average Accounting ReturnThe Internal Rate of ReturnThe Profitability IndexGood decision criteriaWe need to ask ourselves the followingquestions when evaluating capitalbudgeting
Old Dominion - BUSINESS - 123456
20) Offices distributed along the perimeter of the building often result in reports being held up inone of the offices.Answer: TRUEDiff: 2Page Ref: 14321) Trade journals and newspaper clippings observed in an office indicate that the manager hasan i
Old Dominion - BUSINESS - 123456
4) When the systems analyst selects a group of documents or people to study, it is an example of_ sampling.Answer: clusterDiff: 2Page Ref: 1335) The absolute number is more important in sampling than the percentage of the _.Answer: populationDiff:
Old Dominion - BUSINESS - 123456
14) A form of structured observation having roots in film criticism is known as _.Answer: STROBEDiff: 2Page Ref: 14215) _ offices tend to increase interaction frequency and informal messages.Answer: AccessibleDiff: 2Page Ref: 14316) Placement of a
Old Dominion - BUSINESS - 123456
23) _, bookshelves, and other large equipment for storing items are all included in thecategory of stationary office equipment.Answer: File cabinetsDiff: 2Page Ref: 14524) An office lighted with warm, _ lighting indicates a tendency toward more perso
Old Dominion - BUSINESS - 123456
4) What effect on sample size does using a greater confidence level have when samplingattribute data?Answer: As the confidence level increases, so does the sample size.Diff: 1Page Ref: 1345) What are the four steps to follow to design a good sample?
Old Dominion - BUSINESS - 123456
Systems, Roles, and Development Methodologies, 8e (Kendall/Kendall)Chapter 6 Agile Modeling and Prototyping6.1 Multiple Choice1) Which prototype includes only some, but not all, of the components of the final system?A) first of a series prototypeB) s
Old Dominion - BUSINESS - 123456
6) Which of these is not an advantage of prototyping?A) affords opportunity to change the system early in its developmentB) buffers users against computer malfunctioningC) helps prevent the adoption of inadequate systemsD) presents more opportunities
Old Dominion - BUSINESS - 123456
11) Which of the following is a disadvantage of RAD?A) The application has a quick learning curve for programmers, which may not attract peopleinterested in the project.B) The cost of the project is several times the cost of using the systems developme
Old Dominion - BUSINESS - 123456
16) Which of the following is not a basic activity of agile development?A) Coding.B) Listening.C) Documenting.D) Designing.Answer: CDiff: 2Page Ref: 16917) Which of the following can be used to communicate ideas that would otherwise remain fuzzyo
Old Dominion - BUSINESS - 123456
21) Which of the following statements is not a principle of agile modeling?A) &quot;Travel light&quot;.B) &quot;Model with a purpose&quot;.C) &quot;Code for tomorrow&quot;.D) &quot;Software is your primary goal&quot;.Answer: CDiff: 2Page Ref: 16822) Which of the following is not a compo
Old Dominion - BUSINESS - 123456
2) Prototyping is very useful for eliciting user suggestions about changing the prototyped system.Answer: TRUEDiff: 1Page Ref: 1553) User reactions to prototyping can be gathered through observation, interviews, andquestionnaires.Answer: TRUEDiff:
Old Dominion - BUSINESS - 123456
12) Users and analysts meet to identify objectives of the application or system in the RAD designworkshop phase.Answer: FALSEDiff: 1Page Ref: 16413) During the requirements planning phase, users respond to actual working prototypes andanalysts refin
Old Dominion - BUSINESS - 123456
23) The word agile in Agile modeling implies maneuverability.Answer: TRUEDiff: 1Page Ref: 17224) Pair programming means that ownership of the design or software itself is shared as in apartnershipAnswer: TRUEDiff: 1Page Ref: 17825) A risk to the
Old Dominion - BUSINESS - 123456
8) _ software, such as Microsoft products or PeopleSoft may be used for prototyping.Answer: COTSDiff: 1Page Ref: 1619) Users' roles in prototyping can be summed up in two words: honest _.Answer: involvementDiff: 2Page Ref: 16210) It is the respons
Old Dominion - BUSINESS - 123456
18) One of the lessons learned from agile development is that short releases allow systems to_.Answer: evolveDiff: 3Page Ref: 17519) Analysts can best reflect all of the four values of agile modeling through an attitude of_.Answer: humilityDiff: 1
Old Dominion - BUSINESS - 123456
2) What are the four kinds of prototyping?Answer: 1. Patched-Up Prototype2. Non operational Prototype3. Selected Features Prototype4. First-of-a-Series PrototypeDiff: 2Page Ref: 1563) Which type of prototyping would you recommend for an organizatio
Old Dominion - BUSINESS - 123456
Systems, Roles, and Development Methodologies, 8e (Kendall/Kendall)Chapter 7 Using Data Flow Diagrams7.1 Multiple Choice1) Which graphically characterize(s) processes and data flows through a business system?A) data dictionaryB) data flow diagramsC)
Old Dominion - BUSINESS - 123456
6) Which of the following is not an error when drawing a data flow diagram?A) all data flowing into a process or out of a processB) data flow on a child diagram that has only one end connected to a process, the other end is apoint in spaceC) connectin
Old Dominion - BUSINESS - 123456
11) Physical data flow diagrams:A) include processes for adding, updating, changing and deleting records.B) are used to model business events, along with their input and output.C) enable the analyst to better understand the business.D) include no inte
Old Dominion - BUSINESS - 123456
16) The process of creating a simple data flow diagram fragment for each unique system triggeris called:A) event modeling.B) trigger analysis.C) response cases.D) CRUD model analysis.Answer: ADiff: 2Page Ref: 20517) The advantage of building data
Old Dominion - BUSINESS - 123456
21) What should be created each time data must be obtained from an external partner?A) A transaction data store.B) A new browser window and DFD process to validate the window's data.C) A unique Web form and DFD process to validate and process the data.
Old Dominion - BUSINESS - 123456
7.2 True/False1) The data flow diagram graphically characterizes data processes and flows in a businesssystem.Answer: TRUEDiff: 1Page Ref: 1932) The biggest advantage of the data flow approach lies in the conceptual freedom found in theuse of the f
Old Dominion - BUSINESS - 123456
11) The systems analyst needs to conceptualize data flows from a top-down perspective.Answer: TRUEDiff: 1Page Ref: 19512) The highest level data flow diagram is called Diagram 0.Answer: FALSEDiff: 2Page Ref: 19613) With a top-down approach, the di
Old Dominion - BUSINESS - 123456
22) A CRUD matrix is a tool used to represent where master files are read, updated, created, anddeleted within the system.Answer: TRUEDiff: 2Page Ref: 20423) A use case summarizes an event and defines one activity.Answer: TRUEDiff: 1Page Ref: 205
Old Dominion - BUSINESS - 123456
7) The data store symbol is simply showing a depository for data which allows addition or_ of data.Answer: retrievalDiff: 2Page Ref: 1958) With a _ approach, the diagrams move from general to specific.Answer: top-downDiff: 1Page Ref: 1959) While
Old Dominion - BUSINESS - 123456
17) A _ links two processes that execute at different times.Answer: transaction fileDiff: 2Page Ref: 20418) _ are elements that need to be keyed into the system.Answer: Base elementsDiff: 2Page Ref: 20519) _ are elements that are created by a proc
Old Dominion - BUSINESS - 123456
2) What are the four advantages of using a data flow approach over narrative explanations ofdatamovement?Answer: 1. Freedom from committing to the technical implementation of the system too early2. Further understanding of the interrelatedness of syst
Old Dominion - BUSINESS - 123456
Systems, Roles, and Development Methodologies, 8e (Kendall/Kendall)Chapter 8 Analyzing Systems Using Data Dictionaries8.1 Multiple Choice1) What is a reference work of data about data compiled by systems analysts?A) data dictionaryB) data flow diagra
Old Dominion - BUSINESS - 123456
6) What does this symbol represent [ ]?A) either/or alternativeB) optionalC) iterationD) selectionAnswer: ADiff: 3Page Ref: 2327) Braces cfw_ are used to indicate:A) either/or alternative.B) optional.C) iteration.D) selection.Answer: CDiff:
Old Dominion - BUSINESS - 123456
11) A derived element is one that:A) is keyed, derived by the users.B) has several different meanings, one for each user group.C) is created by processes as a result of calculations or a series of decision-making statements.D) has the displayed length
Old Dominion - BUSINESS - 123456
16) Data stores are used to store:A) all base elements and some derived elements.B) all derived elements and some base elements.C) all base and derived elements.D) only some base elements and some derived elements (the most critical ones in the system
Old Dominion - BUSINESS - 123456
21) Elements on a data flow going into or out from a data store:A) must be created by the process linking to the data store.B) must be base elements.C) must be on a data flow that is input to the process that creates the output that is going to thedat
Old Dominion - BUSINESS - 123456
2) Data about data is called metadata.Answer: TRUEDiff: 1Page Ref: 2283) The data dictionary can be used as a starting point for creating XML documents.Answer: TRUEDiff: 1Page Ref: 2294) Automated data dictionaries are useful for only printing sum
Old Dominion - BUSINESS - 123456
13) A default value is one that never changes on a report.Answer: FALSEDiff: 1Page Ref: 23614) A discrete data element is one that has certain fixed values.Answer: TRUEDiff: 1Page Ref: 23615) When a V is used as a formatting character for an eleme
Old Dominion - BUSINESS - 123456
24) In XML, tags become the metadata.Answer: TRUEDiff: 1Page Ref: 24425) An XML schema is a more precise way to define the content of an XML document.Answer: TRUEDiff: 2Page Ref: 2458.3 Fill-in-the-Blank1) An _ is a synonym or another name for th
Old Dominion - BUSINESS - 123456
9) A _ value for an element is one that has certain fixed values.Answer: discreteDiff: 2Page Ref: 23610) A _ element is one that has a smooth range of values.Answer: continuousDiff: 1Page Ref: 23611) A _ value for an element is one that is automat
Old Dominion - BUSINESS - 123456
20) An _ describes an XML attribute in the DTD.Answer: !ATTLISTDiff: 3Page Ref: 24521) A _ is a more precise way to define the content of an XML document.Answer: schemaDiff: 2Page Ref: 24522) The advantage of using XML to define data is that, in t
Old Dominion - BUSINESS - 123456
3) Describe the difference between base elements and derived elements.Answer: A base element is one that is initially keyed into the system, such as a customer name,address, or city. Base elements must be stored in files. Derived elements are created by