9901_1_quiz - quiz Student 1 A firm has total assets of...

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quiz Student: ___________________________________________________________________________ 1. A firm has total assets of $311,770 and net fixed assets of $167,532. The average daily operating costs are $2,980. What is the value of the interval measure? A. 104.62 days B. 68.05 days C. 56.22 days D. 31.47 days E. 48.40 days 2. Which of the following questions are addressed by financial managers? I. How should a product be marketed? II. Should customers be given 30 or 45 days to pay for their credit purchases? III. Should the firm borrow more money? IV. Should the firm acquire new equipment? A. I and IV only B. II, III, and IV only C. I, II, III, and IV D. I, II, and III only E. II and III only 3. Nielsen Auto Parts had beginning net fixed assets of $218,470 and ending net fixed assets of $209,411. During the year, assets with a combined book value of $6,943 were sold. Depreciation for the year was $42,822. What is the amount of net capital spending? A. $65,161
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This note was uploaded on 06/17/2011 for the course FIN 101 taught by Professor Paul during the Spring '11 term at Aligarh Muslim University.

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9901_1_quiz - quiz Student 1 A firm has total assets of...

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