FIN 370 - FINAL - SET 3 -...

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1) Which of the following categories of owners have limited liability? A. General partners B. Sole proprietors C. Shareholders of a  corporation D. Both a and b 2) Which of the following best describes the goal of the firm? 3) The true owners of the corporation are the: 4) Which of the following would increase the need for external equity? 5) Which of the following does NOT involve underwriting by an investment  banker?
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6) When public corporations decide to raise cash in the capital markets, what  type of financing vehicle is most favored? 7) According to the agency problem, _________ represent the principals of a  corporation. 8) Difficulty in finding profitable projects is due to: 9) Which of the following is NOT a principle of basic financial management? 10) Another name for the acid test ratio is the:
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11) The accounting rate of return on stockholders’ investments is measured by: 12) Which of the following financial ratios is the best measure of the operating  effectiveness of a firm’s management? 13) If you are an investor, which of the following would you prefer? A. Earnings on funds  invested would  compound annually. B. Earnings on funds  invested would  compound daily. C. Earnings on funds  invested would  compound monthly. D. Earnings on funds  invested would  compound quarterly.
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for the next 35 years. Deposits to the Roth IRA will be made via a $150 payroll  deduction at the end of each month. Assume that Edward will earn 8.75% over the  life of the IRA. How much will he have at the end of 35 years? 15) When George Washington was president of the United States in 1797, his  salary was $25,000. If you assume an annual rate of inflation of 2.5%, how much  would his salary have been in 1997? 16) Purchases of plant and equipment can be determined from the:
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This note was uploaded on 08/30/2011 for the course FIN 370 FIN 370 taught by Professor Joebrennan during the Summer '09 term at University of Phoenix.

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FIN 370 - FINAL - SET 3 -...

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