Finance 1 Mid-Term F2020 - BB (Take Home).docx - GEORGE...

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GEORGE BROWN COLLEGECENTER FOR FINANCIAL SERVICESFinance I(BACC 3008) – Mid Term Exam, Fall 20201)Marking scheme is provided in the table below on this page.All Multiple Choice questions are equally weightedbut arenotof equal difficulty. Budget your time accordingly. You don’t need to do the questions in order.2)If something is not clear to you or you are not certain of the meaning of something make anassumption to allow you to carry on. Please write down any assumptions you feel necessaryon your exam paper.This way, if you don’t give the expected answer, we have a basis fordiscussion afterwards. Any assumptions made should not contradict the facts given andwhen various assumptions are possible, make the one(s) that allow you to show the mostknowledge.3)There are no trick questions.However, the questions have been selected / designed to testyou understandingof the material covered in the course.Be sure to read carefully and thinkcarefully about what you’ve read carefully!4)Ensure your exam paper is complete with 11 Multiple Choice questions and 5 problems /cases.5)UsePENCILon the SCANTRON card to answer all Multiple Choice questions.Eraseall SCANTRON card corrections completely. No revision will be made for incompleteerasures after the exam.6)Calculators may be used. Cell phones may not be used as a calculator and must be turned offand put away.7)Write yourexam version # (see the top left corner of the next page) in the Test Name sectionon your SCANTRON card i.e.VERSION AorVERSION B.8)Print your name and student number below.9)No questions are to be asked duringthe test and none will be answered.Name: __Halo Khan Ramadhan____Student #: __101154056__1Question #MarksPart I/35Part II/10Part III/25Part IV/25Part VPart VITotal/10/10/115
Multiple Choice (1 marks each)1. Dealer markets:
2. Sue Folker wants to start a new business decommissioning nuclear warheads and reactors. Thework will involve significant hazards, and Sue is concerned about protecting her personal wealthfrom any losses the business might incur. If she is to be the majority owner of the business how

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Term
Winter
Professor
Chiang
Tags
Balance Sheet, Generally Accepted Accounting Principles

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