Copy of fin 419 final exam-25 multiple choice

Copy of fin 419 final exam-25 multiple choice - FIN 419...

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FIN 419 Final Exam (Total Points 15) The Final Exam consists of twenty-five (25 multiple-choice questions. Each question is 1 If managers are making decisions to maximize shareholder wealth, then they are primarily concerned with making decisions that should: a. Positively affect profits. b. Increase the market value of the firm's common stock. c. Either increase or have no effect on the value of the firm's common stock. d. Accomplish all of the above. 1. Answer: 2 A firm has a cash conversion cycle of 120 days, an average collection period of 25 days, and an average payment period of 50 days. The firm's average age of inventory is ___days. a. 45 b. 95 c. 125 d. 145 2. Answer: 3 The trading of negotiable certificates of deposit takes place on the: a. Chicago Board of Trade. b. New York Stock Exchange. c. American Stock Exchange. d. All of the above. e. None of the above. 3. Answer: 4 The beta of the market valued at 0.6 points (25 x 0.6 = 15 total points). Answer all twenty-five (25) questions by placing your answer in the designated Answer slot indicated to the right of each question. It is not required to show your work. Indicate your answer only. Post your completed Final Exam to the Assignments tab.
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a. is greater than 1. b. is less than 1. c. is 1. d. cannot be determined. 4. Answer: 5 You have just won a magazine sweepstakes and have a choice of three alternatives. You can get $100,000 now, or $10,000 per year in perpetuity, or $50,000 now and $150,000 at the end of 10 years. If the appropriate discount rate is 12%, which option should you choose? a. $100,000 now b. $10,000 perpetuity c. $50,000 now and $150,000 in 10 years 5. Answer: 6 The break-even quantity of output results in an EBIT level equal to: a. Fixed costs. b.
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Copy of fin 419 final exam-25 multiple choice - FIN 419...

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