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Exam 1 Review Clicker Questions

Exam 1 Review Clicker Questions - Clicker Question The...

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Clicker Question The amount of debt and equity used by a firm to finance its operations is called the firm’s: A. debt ratio B. working capital ratio C. financial position D. capital structure E. capital budgeting process
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Clicker Question Calhoun’s, Inc. has net working capital of $2,100, net fixed assets of $23,600, current liabilities of $1,800, and long term debt of $14,700. What is the value of the shareholders’ equity? A. $ 6,800 B. $ 9,200 C. $11,000 D. $12,800 E. $16,400
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Clicker Question The balance sheet of a firm shows beginning net fixed assets of $333,800 and ending net fixed assets of $301,900. The depreciation expense for the year is $42,600 and total equity for the year end is $67,000. What is the amount of the net capital spending for the year? A. $-74,500 B. $-31,900 C. $-11,700 D. $ 10,700 E. $ 74,500
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Clicker Question Profit margin = 7%; ROA = 6%; ROE = 16%; net income = $150,000; dividends = 50,000. What is the internal growth rate? A. -3.7% B. 2.6% C. 4.2% D. 14.1% E. 17.7%
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Clicker Question What tax did XYZ, Inc pay if their marginal tax rate is 38%, their average tax paid is 35%, their taxable income is $2,500,000, and their net income is $1,250,000? (Hint: no tax table necessary) A. $950,000 B. $875,000 C. $475,000 D. $437,000 E. $214,543
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