RYERSON UNIVERSITY
FIN401 Managerial Finance II
Final Exam - SOLUTIONS
Winter 2014
Version A
1.
Time allowed: 3 HOURS (i.e. 180 MINUTES).
2.
Aids allowed:
ONE 81/2 by 11 double-sided cheat sheet and a
calculator. No other aids are allowed.
3.
The exam is

FIN 300 Cheat Sheet SSD
18) Which one of the following stocks is correctly priced based on CAPM, if the risk-free rate of return is 3.8
percent and the market risk premium is 8.5 percent? (Can ask for over, under or equal)
Stock Beta
Expected return
A
0.7

FIN 300 Cheat Sheet Shehbaz Dosanjh- 500 500 808
Chapter 1
-Financial Goals is to max the current value per share of stocks
-Agency Problem is the conflict of interest between shareholder and management
-Corporate Governance are rules for corporate organi

1. The primary goal of financial management is to:
A) Maximize current sales.
B) Maximize the current value per share of the existing stock.
C) Avoid financial distress.
D) Minimize operational costs.
E) Maintain steady earnings growth.
Ans: B
Type: Defin

CFIN300 - Mortgages
Principal (PVA): the amount of the mortgage = the amount of the outstanding liability without interest
Term: the time period for which the interest rate is locked in
Amortization period (n) = the time period (usually in years) required

Welcome to FIN300
Mike Inglis
Office hours: .
Room: RBB 1085
E-mail: [email protected]
FIN300: Intro Finance
What is Finance?
Mikes 6 concepts of Finance
Cash Flow vs. Income
Ex-anti vs. Ex-post
Time Value of Money
Risk and Return
Market Efficiency / N

Running head: [SHORTENED TITLE UP TO 50 CHARACTERS] 1
Study Proposal Idea
PSY 105, Section 021
Instructor: Dr. Will Huggon
Date Due: Febuary 6th, 2017
Summary:
What is the effect of reward on the ability to recall memory while controlling for the memory
t

FIN 300 Formulas
Current asset current liabilities = working capital
- usually positive for a healthy firm
Long-term finance = long-term debt + Total equity
Revenue expenses = income
duh
Net income addition to retained earnings = dividends
Cash flow from

Chapter 2 Finance 300
Balance sheet- statement of financial position, snapshot of the firm.
Summarizes what firm owns (assets) and owes (its liabilities) and the difference
between the two (firms equity) at a given time.
Left side for assets, right side f

Ryerson University
CFIN300
Midterm Exam
Winter 2009
There are 2 hours and 40 minutes in this exam.
Version B
Student Name
_
(Please Print)
Student Number
_
Notes:
1. This is a closed book exam. You may only have pens, pencils and a calculator at
your desk

Ryerson University
Ted Rogers School of Management
FIN300
Midterm Exam
Fall 2013
Version A
Student Name
(Please print)
Student Number
Instructor Name
Notes:
1. 1. This is a 2-hour exam. There are 10 pages in this exam.
2. 2. This is a closed book exam. Yo

MultipleChoiceQuestions:
Please answer the 32 multiple choice questions on the scanner
sheet provided. Choose the best answer from the set given for each
question. Note,onlythescannersheetwillbemarked,and
anythingwrittenonthetestpaperwillbecompletely
disr

Ryerson University
CFIN300
Midterm Exam
Winter 2009
There are 2 hours and 40 minutes in this exam.
Version B
Student Name
_
(Please Print)
Student Number
_
Notes:
1. This is a closed book exam. You may only have pens, pencils and a calculator at
your desk

Ryerson University
CFIN300
Midterm Exam
Spring/Summer 2009
There are 2.0 hours in this exam.
Version A
Student Name
_
(Please Print)
Student Number
_
Notes:
1. This is a closed book exam. You may only have pens, pencils and a calculator at
your desk.
2. A

Dividend Policy
LECTURE #6
CHAPTER #17
Cash Dividends
2
Regular cash dividend
Cash payments made directly to stockholders,
usually each quarter
Extra cash dividend
Indication that the extra amount may not be
repeated in the future
Liquidating dividend
S

FIN 401-021
RYERSON UNIVERSITY
Midterm Exam October 28, 2015 Prof. M. Toffanin
Version A
Time allowed: 2 hours
Aids allowed: Closed-book except for an 8 1/2 by 11 crib sheet; a financial calculator is also
allowed
There are 30 multiple choice questions. A

FIN 401-021
RYERSON UNIVERSITY
Midterm Exam October 28, 2015 Prof. M. Toffanin
Version B
Time allowed: 2 hours
Aids allowed: Closed-book except for an 8 1/2 by 11 crib sheet; a financial calculator is also
allowed
There are 30 multiple choice questions. A

FIN 401-021
RYERSON UNIVERSITY
Midterm Exam October 28, 2015 Prof. M. Toffanin
Version C
Time allowed: 2 hours
Aids allowed: Closed-book except for an 8 1/2 by 11 crib sheet; a financial calculator is also
allowed
There are 30 multiple choice questions. A

Goal of the firm, agency problems and costs
-goal of the firm, in the long-term, is to maximize shareholder value (current
stock price); not maximize profits, market share, etcthe goal is to maximize
shareholder value (current share price)
-managers are a

Profit Margin=
Equity Multiplier=1+ DE Ratio
Payout Ratio =
Interval Measure=
Current Assets
Average Daily OperatingCosts
CashCoverag e Ratio=
EBIT + Depreciation
Interest
Day s ' SalesReceivables=
InternalGrowth Rate=
NWC Turnover=
365 Days
Receivables T

FIN 300
September 21, 2016
Lecture 3 chapter 4: long term financial planning and corporate growth
1) Basic elements of financial planning
o Investment in new assets determined by capital budgeting decisions
o Degree of financial leverage determined by cap

Ryerson University
CFIN401 Sections
Midterm Exam
Spring/Summer 2010
There are 2.0 hours in this exam.
_
Student Name
(Please Print)
Student Number
_
Notes:
1. This is a closed book

Ryerson University
CFIN 401
Midterm Exam Version A
Spring/Summer 2011
There are 2.0 hours in this exam.
_
Student Name
(Please Print)
Student Number
_
Notes:
1. This is a close

Ryerson University
CFIN300
Midterm Exam
Winter 2013
There are 2 hours in this exam.
Version A
Student Name
_
(Please Print)
Student Number
_
Notes:
1. This is a closed book exam. You may only have pens, pencils and a calculator at
your desk.
2. A formula

FIN300
Managerial Finance 1
Lecture 1:
Introduction
Course Overview
FIN300 introduces the basic tools needed to make
good financial decisions
How to adjust for the timing of costs and benefits
Receiving
$10,000 today is better than receiving $10,000
upo

FIN300 Week 4
Slide 7:
Interest earned per year= $100 x 6%= $6.00
Total Interest earned over 5-year period= $6.00 x 5= $30.00
Balance in account at end of Year 5= $100 +$30= $130
Slide 9:
FV= PV x (1+r) t= $100 x (1+6%)5= $133.82
Slide 10 2
Compound

FIN300
If sales forecast is too high:
o High inventories
o Too many employees
o Underutilized fixed assets
o Growing bankrupt
If sales forecast is too low:
o Lost potential sales
o Dissatisfied customers
Slide 9
o Revenues= $2300
o Costs= $1840
o Net I

FIN 401 EXAM CRIB SHEET, SSD
Dividends
Thursday
2 Business Days Prior
Monday
Ex-Dividend Date
Ex-Dividend Period
Record Date
-if you buy stock on this day
-date when firm publishes
or after you wont get the dividend,
shareholders wholl get
-so price decre

FIN300
September 7, 2016
Lecture 1- chapter 1 and 2
1.1) Corporate finance
- Business finance is the same thing as corporate finance
- Financial managers try to answer some or all of the previous questions
- Top financial managers within a firm is usually