GSampleTest - ACTUARIAL SCIENCE 371: CORPORATE FINANCE 1...

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ACTUARIAL SCIENCE 371: CORPORATE FINANCE 1 Sample Midterm Aids: non-programmable Calculator Instruction: For the multiple choice (MC) type, circle your answer. For the written answer (WA) type, answer all questions in the space provided. Show all work. Name: ____________________ ID#: _____________________ Multiple Choice (MC) type 1. Assets are listed on the balance sheet in order of: A) decreasing liquidity. D) relative life. B) decreasing size. E) none of the above. C) increasing size. 2.Which of the following is not a noncash items? A) Depreciation. D) Two of the above. B) Deferred taxes. E) All of the above. C) Interest. 3. A firm wishes to maintain a growth rate of 10% per year and a debt-to-equity ratio of 1/2. The dividend payout is .2, and the ratio of total assets to sales is constant at 1.2. What must the profit margin be? A) 10.00%. B) 9.09%. C) 11.11%. D) 8.00%. E) None of the above. Written Anser (WA) type
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GSampleTest - ACTUARIAL SCIENCE 371: CORPORATE FINANCE 1...

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