FIN200 Week 9 Final Project Final Exam

FIN200 Week 9 Final Project Final Exam - 1) Maximization of...

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1) Maximization of shareholder wealth is a concept in which A. profits are maximized on a quarterly basis. B. virtually all earnings are paid as dividends to common stockholders. C. increased earnings is of primary importance. D. optimally increasing the long-term value of the firm is emphasized . 2) What is the primary goal of financial management? A. B. C. D. 3) One of the major disadvantages of a sole proprietorship is A. B. C. D. 4) The statement of cash flows does NOT include which of the following sections? A. cash flows from sales activities B. cash flows from investing activities C. cash flows from operating activities D. cash flows from financing activities 5) Which of the following is not a primary source of capital to the firm? A. B. C. D.
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6) Which account represents the cumulative earnings of the firm since its formation, minus dividends paid? A. B. C. D. 7) The most rigorous test of a firm's ability to pay its short-term obligations is its A. quick ratio. B. times-interest-earned ratio. C. current ratio. D. debt-to-assets ratio. 8) In examining the liquidity ratios, the primary emphasis is the firm's A. B. C. D. 9) Which of the following is not considered to be a profitability ratio? A. B. C. D.
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View Full Imag e Refer to the figure above. The firm's inventory turnover ratio is
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A. B. C. D. 11)
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View Full Imag e Refer to the figure above. Megaframe's current ratio is A. B. C. D. 12) View Full Imag e Refer to the figure above. The firm's debt to asset ratio is A. B. C. D. 13) In general, the larger the portion of a firm's sales that are on credit, the A. higher will be the firm's need to borrow. B.
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This note was uploaded on 01/04/2011 for the course FIN 200 taught by Professor Williams during the Spring '08 term at University of Phoenix.

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FIN200 Week 9 Final Project Final Exam - 1) Maximization of...

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