Exam3 FIN370 A Key (1)

# Wheaton inc pays a constant annual dividend last year

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52. Wheaton, Inc. pays a constant annual dividend. Last year, the dividend yield was 3.6 percent when the stock was selling for \$28 a share. What is the current price of the stock if the current dividend yield is 3.2 percent? A. \$33.70 B. \$32.60 C. \$31.50 D. \$33.40 E. \$32.90 BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 1 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 010 #46 SECTION: 10.1 TOPIC: DIVIDEND YIELD TYPE: PROBLEMS

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53. Given the following information, what is the variance for this stock? BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 1 LEVEL OF DIFFICULTY: INTERMEDIATE Ross - Chapter 011 #53 SECTION: 11.1 TOPIC: VARIANCE TYPE: PROBLEMS 54. Truman Florists pays a constant annual dividend of \$2.20 per share on its stock. Last year at this time, the market rate of return on this stock was 12.6 percent. Today, the market rate has fallen to 9.7 percent. What would your capital gains yield have been if you had purchased this stock one year ago and then sold the stock today? BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 1 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 010 #50 SECTION: 10.1 TOPIC: CAPITAL GAINS YIELD TYPE: PROBLEMS
55. A 5-year project is expected to generate revenues of \$92,000, variable costs of \$67,000, and fixed costs of \$11,000. The annual depreciation is \$4,000 and the tax rate is 35 percent. What is the annual operating cash flow? BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 009 #58 SECTION: 9.3 TOPIC: OPERATING CASH FLOW TYPE: PROBLEMS 56. Which one of the following correctly defines the average accounting return? A. average net income divided by average book value B. average book value divided by average market value C. average book value divided by average net income D. average cash flow divided by average book value E. average book value divided by average cash flow BLOOMS TAXONOMY QUESTION TYPE: KNOWLEDGE LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 008 #4 SECTION: 8.3 TOPIC: AVERAGE ACCOUNTING RETURN TYPE: DEFINITIONS 57. Which one of the following is the preferred method of analyzing a proposed investment? BLOOMS TAXONOMY QUESTION TYPE: KNOWLEDGE LEARNING OBJECTIVE NUMBER: 4 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 008 #13 SECTION: 8.1 TOPIC: NET PRESENT VALUE TYPE: CONCEPTS

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Exam3 FIN370-02 Winter 2011 Summary Category # of Questions BLOOMS TAXONOMY QUESTION TYPE: ANALYSIS 1 BLOOMS TAXONOMY QUESTION TYPE: APPLICATION 25 BLOOMS TAXONOMY QUESTION TYPE: BASIC 1 BLOOMS TAXONOMY QUESTION TYPE: COMPREHENSION 10 BLOOMS TAXONOMY QUESTION TYPE: KNOWLEDGE 20 LEARNING OBJECTIVE NUMBER: 1 26 LEARNING OBJECTIVE NUMBER: 1 AND 4 1 LEARNING OBJECTIVE NUMBER: 2 12 LEARNING OBJECTIVE NUMBER: 3 4 LEARNING OBJECTIVE NUMBER: 4 9 LEARNING OBJECTIVE NUMBER: 6 1 LEVEL OF DIFFICULTY: BASIC 48 LEVEL OF DIFFICULTY: CHALLENGE 1 LEVEL OF DIFFICULTY: INTERMEDIATE 8 Ross - Chapter 001 3 Ross - Chapter 002 3 Ross - Chapter 003 3 Ross - Chapter 004 3
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