X100_questions

X100_questions - 1) Balance of payments deficit occurs when...

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1) Balance of payments deficit occurs when a. The net outflow of $ from a country exceeds the net inflow of $ from abroad. 2) Bonus Question what is the current index/value of the Dow Jones industrial avg. will be between 900 and 1200 (just find the answer) 3) What was one of JP Morgan’s greatest achievements concerning the American economy. a. A. Inventing America’s railways b. The owner of the U.S. c. Introducing the assembly line d. Leading the avoidance of a bank catastrophe 4) Comparing accounting info from time to time using a series of the same subject ratios is known as a. Progression accounting b. Trend analysis c. Empirical deduction d. Time phased analysis 5) A country’s exchange rate is based on a. Tariffs and related trade restrictions b. Dow Jones IA c. The Gen agreement on tariffs and trade d. The relation between its imports and exports e. The rate at which its currency can be exchanged for other currencies 6) Convertible bonds are bonds that offer the option of being converted into a specific number of: a. Shares of common stock b. Optional shares
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c. Debentures d. Secured bonds e. Shares of non cumulative preferred stock 7) Current asses are usually listed on the balance sheet in order of their: a. Date of acquisition b. Liquidity c. Dollar amt d. Alphabetical order e. Expected disposition date 8) A Corp that uses the principle of leverage to increase the rate of return on investment a. Raises needed cash through the use of borrowed funds 9) In the terms of $ banking and financing, factoring refers to: a. The sale by a company of its acts receivable at a discount to an agent for collection 10) The financial manager has a responsibility to a. Develop a financial plan/Determine effective sources 11) Sources of equity capital include: a. RE and funds raised from the sale of Commercial paper 12) A financial intermediary who specializes in selling new issues of stock and bonds for businesses and gov’t is called? a. Securities agent b. Stockbroker c. Securities wholesaler d. Investment banker e. Commercial banker
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13) Ben is a common stock holder, aaron is a preferred stock holder, and matt is a creditor if the company they invest in fails in what order are they paid 14) Impact of falling US dollar value compared to currencies of other countries a. Price of imports rises increasing demand for domestic products b. Fewer units of foreign currency are required to purchase American dollar 15) Removing the total value of liabilities from the total value of a firm’s assets will provide a measure of the firms? a.
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This note was uploaded on 04/18/2008 for the course BUS-X 100 taught by Professor Heslin during the Spring '08 term at Indiana.

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X100_questions - 1) Balance of payments deficit occurs when...

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