Problem Set 2. Handed out on Thursday, 16 February. Due at the beginning of class on Thursday, February
23. Total points possible: 25.
II. MULTIPLE CHOICE QUESTIONS
1. The current spot exchange rate is 3.75 BRL per
MULTIPLE CHOICE QUESTIONS.
1. The current exchange rate for the Brazilian real is 3.85 BRL per US dollar. The current exchange rate for
the British pound is 0.69 GBP per US dollar.
Please circle all of the
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The companys online properties and services (called Yahoo! Properties) were classified into
three categories: Communications and Communities, Search and Marketplaces, and Media.
Products in the Communications and Communities category included Yahoo! Mail,
As we know the core of organization's external environment is the general environment.
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FIN801: Review for the Final Exam, Fall 2011
Exam format: 25 multiple-choice questions.
Youre allowed to bring the following (no borrowing or sharing during the exam):
Note: Three formula sheets will be provided a
Administration/Classification of Income Taxes
Step 1: Determining Adjusted Gross Income (AGI)
Other Items That Impact Income
Taxes on Earnings
State tax in all but 7 states
Average wages, all workers over 25 2007
Locations of resources and Assistance:
Obtaining Employment Experience
Using Career Information Sources
Economics and Expansion:
Economics is the study of how wealth is created and distributed.
Economy is a system of managing the productive and employment resources of a
country, community, or business.
Economic growth is a condition of increasing prod
Budgeting and Cash Flow Management
Describe the relationship between financial planning and budgeting.
Understand how to set and achieve long-and short-term financial goals.
Establish the structural and mechanical aspects appropriate for
Are Gains in Earnings and Related Financial Factors the Only Benefits of a College
Other benefits that accrue to the individual or household
greater efficiency in household production activities (e.g., shopping behavior, family
Discuss what you will gain from the study of personal finance.
Financial literacy - the vocabulary necessary to manage ones personal finances
Personal finance - the study o
Explain how taxes are administered and classified.
Describe the concept of the marginal tax rate.
Determine who should file an income tax return.
Describe the two ways of paying taxes: payroll withho
Human Capital Investment:
Human Capital Investment *
The process of increasing the households holdings of human wealth either by engaging in
formal or informal training or by adding household members.
Examples of Human Capital Investment.
Managing Your Cash
Explain the importance of effective cash management and list the four tools of cash
Compare and contrast the primary providers of cash management opportunities in
todays financial services industry.
Low-risk, long-term savings instruments
Allows transfer of deposited funds to merchants and service providers, as well as to
accounts at other financial institutions.
Types of Checking Accounts
Demand deposits (traditional)