BUS 105 Chapter 3 Quiz/HM
You are evaluating the balance sheet for Goodmans Bees Corporation. From the balance sheet you find the
following balances: cash and marketable securities = $400,000; accounts receivable = $1,200,000; inventory =
What is the future value of $500 deposited for one year earning a 9 percent interest rate
A 6 percent corporate coupon bond is callable in five years for a call premium of one year of
BUS 105 Chapter 1 Quiz
Chapter 01-Introduction to Financial Management
In 2006, a significant indicator of the U.S. economic decline was:
rising defaults by subprime mortgage borrowers
The financial crisis that started in 2006 was magnified by which
Diddy Corp. stock has a beta of 1.2, the current risk-free rate is 5 percent, and the
expected return on the market is 13.5 percent.
What is Diddys cost of equity?
JaiLai Cos. stock has a beta of 0.9, t
BUS 105 CH 9
Sprint Nextel Corp stock ended the previous year at $23.36 per share. It paid a $2.37 per share dividend last year. It ended last year
If you owned 500 shares of Sprint, what was your dollar return and percent return? (Negative ans
The financial crisis that started in 2006 was magnified by which of the following:
This subarea of finance involves methods and techniques to make appropriate
decisions about what kinds of securities to own, w
BUS 105 Quiz 2
1. You are evaluating the balance sheet for Goodman's Bees Corporation. From the balance sheet you find the
following balances: cash and marketable securities = $400,000, accounts receivable = $1,200,000, inventory =
$2,100,000, accrued wag
On October 9, 2007, the Dow Jones Industrial Average set a new high. The index closed at
14,164.53, which was up 120.80 that day. What was the return (in percent) of the stock market
A corporate bond
All of the following are functions of the board of directors except _.
Financial management involves decisions about which of the following:
For corporations, maximizing the value of owner's equity can also be
Bus 105 - Chapter 1 - Introduction to Financial Management
What is Finance?
Finance applies specific value to
o things owned
o services used
o decisions made
o organizations approach to valuation
BUS 105 Quiz 7
Determine the interest payment for the following three bonds (Assume a $1,000 par value.) (Leave no cells blank - be
certain to enter "0" wherever required. Round your answers to 2 decimal places):
3 percent coupon corporate bond (paid
Compute the expected return given these three economic states, their likelihoods, and the potential returns:
If the risk-free rate is 6 percent and
JohnBoy Industries has a cash balance of $45,000, accounts payable of $125,000,
inventory of $175,000, accounts receivable of $210,000, notes payable of $120,000,
and accrued wages and taxes of $37,000.
BUS 105 CH 8
1.On October 9, 2007, the Dow Jones Industrial Average set a new high. The index closed at 14,164.53, which
was up 120.80 that day.
What was the return (in percent) of the stock market that day? (Round your answer to 2 decimal places.)
BUS 105 QUIZ 5
1. Compute the future value in year 8 of a $2,000 deposit in year 1 and another $1,500 deposit at
the end of year 3 using a 10 percent interest rate.
2. What is the future value of a $900 annuity payment over five years if interest
As new capital budgeting projects arise, we must estimate
This is the process of estimating expected future cash flows of a project using only the
relevant parts of the balance sheet and income statements.
Of the capital budgeting techniques discussed, which works equally well with normal
and non-normal cash flows and with independent and mutually exclusive projects?
Net present value
This technique for evaluati
A 2-year Treasury security currently earns 5.13%. Over the next 2 years, the real
interest rate is expected to be 2.15% per year and the inflation premium is expected
to be 1.75% per year. Calculate the maturi
BUS 105 Quiz/HM 4
What is the future value of $500 deposited for one year earning a 9 percent interest
How much would be in your savings account in eight years after depositing $150
today if the bank pays 8 percent
BUS 105 Extra questions for quiz 1
Chapter 01-Introduction to Financial Management
3. Not all cash a company generates will be returned to the investors. Which of the following will NOT reduce
the amount of capital returned to the investors? C. dividends
Chapter 3 Study Quiz
The U.S. Department of Justice is challenging a state law that has legalized marijuana.
The United States must file the suit in that state's highest court.
The state trial court in Nevada has issued a decision in which a party has
Chapter 14 Quiz
F All states require some sort of a written agreement when forming an LLC, with some requiring
a full agreement and others requiring only certain parts of the agreement be in writing.
F In an LLC, owners of the business are called associat
Chapter 10 Quiz
F The doctrine of respondeat superior makes a principal liable for negligent acts of an employeeagent but does not impose liability on the principal for the negligent acts of a nonagent
F An express termination of the agency rela
Chapter 12 Quiz
F Any time that a man and a woman work for the same employer, doing the same job, they must
be paid equally under the Equal Pay Act.
F Affirmative action programs are designed to prevent future discriminatory practices.
F Telling dirty jok
Chapter 8 Quiz
F When a buyer enters into two simultaneous contracts with two different sellers in order to
ensure that the goods they need will be available to them, this is a business tactic called covering.
F If a contract between merchants does not co
Chapter 2 Study Quiz
State governments were not subject to the Bill of Rights restrictions and protections until
the Fourteenth Amendment was passed.
When an appellate court conducts an appeal of a lower court decision they are exercising
the power of
Chapter 4 Study Quiz
F A motion for a summary judgment is generally filed after both sides have presented their cases.
T Professor Mike has just punched a student during a class. Each of the students in attendance
who witnessed the punch may be sent inter
Chapter 15 Quiz
F Day to day management of a corporation is the responsibility of the board of directors.
F Albondigas Corp. is a Spanish corporation formed in Spain with its headquarters in Madrid. In
the U.S., Albondigas Corp. would be referred to as a
Chapter 9 Study Quiz
F A plane flying from New York to Paris has crashed into the Atlantic Ocean with no survivors.
The plane's flight recorder is under two miles of water and cannot be recovered. The weather was
clear, the pilots were rested and competen
Chapter 7 Quiz
F You are a contractor and you have just installed a wood deck for a customer. The contract calls
for a payment of $5,000 upon satisfactory completion. The customer is satisfied, but states that
they cannot pay now but will pay when they ge