1. The long-range time period, usually the next two to five years, over which the financial
planning process focuses is known as the:
A. planning horizon.
2. The process by which smaller investment proposals of each of a firm's operational units are
added
Fin331.007
Dr. M. Rhee
2011 Spring
NAME:_
ID#:_
1.
If APR = 10%, what is the EAR (effective annual rate) for quarterly compounding?
a. 10.00%
b. 10.38%
c. 12.36%
d. 13.36%
e. 15.52%
Answer: b
(1.025)^4 1 = 0.1038
2.
Which of the following statements is CO
MBA 8622
page - 1 -
Practice Final Exam (Fall 1999)
MBA 8622: Practice Final Exam (Fall 1999)
1. According to the textbook, what should be the main objective of the management of a firm? a. Maximize net income b. Minimize risk c. Maximize customer satisfa
comprehensive exam question bank
Multiple Choice Identify the choice that best completes the statement or answers the question. _ 1. What would the future value of $100 be after 5 years at 10% compound interest? a. $161.05 b. $134.54 c. $127.84 d. $151.29
Chapter 005 Introduction to Valuation: The Time Value of Money
1. The amount an investment will be worth after one or more periods of time is the _
value.
A. future
2. The process of accumulating interest on an investment over time to earn more interest i
CHAPTER 3
ANALYSIS OF FINANCIAL STATEMENTS
(Difficulty: E = Easy, M = Medium, and T = Tough)
Multiple Choice: Conceptual
Easy:
Current ratio
1
.
All else being equal, which of the following will increase a companys current ratio?
a.
b.
c.
d.
e.
An increas