Ryerson University
CFIN401
Midterm Exam
Spring 2016
There are 2.0 hours in this exam.
Version A (White)
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, as
Week 8 Practice Exercises
1. Wong Wei Maps can invest in a project that costs $30,000, has an 11% required
return, and has expected cash flows of $13,000 in year 1, $11,000 in year 2, $10,000
in year 3, and $8,000 in year 4. For this project, compute the:
Week 5 Practice Exercises
Growing Annuities
g: growth rate per period
C1: The present value of a Tperiod annuity whose end ofperiod cash flow
I% = (r  g) (1 + g) 100
PMT = C1 (1 + g)
Ex.
Walter Mellon Fruits will pay a $3/share dividend in one year. T
Week 7 Practice Exercises
Share Valuation
Ex. Anne Teak Furniture will pay a $20 per share dividend in one year; the shares will
trade at $140 immediately after this dividend is paid
Investments of this risk require a 20% rate of return
F3 (Cash Flow)
20%
FIN 300 Cheat Sheet SSD
18) Which one of the following stocks is correctly priced based on CAPM, if the riskfree 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
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
Goal of the firm, agency problems and costs
goal of the firm, in the longterm, 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
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
FIN 300 Formulas
Current asset current liabilities = working capital
 usually positive for a healthy firm
Longterm finance = longterm debt + Total equity
Revenue expenses = income
duh
Net income addition to retained earnings = dividends
Cash flow from
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
Welcome to FIN300
Mike Inglis
Office hours: .
Room: RBB 1085
Email: m2inglis@ryerson.ca
FIN300: Intro Finance
What is Finance?
Mikes 6 concepts of Finance
Cash Flow vs. Income
Exanti vs. Expost
Time Value of Money
Risk and Return
Market Efficiency / N
Week 6 Practice Exercises
Valuing Bonds
d1 = current date
d2 = maturity date
RDV = par value
CPN = annual coupon
CST = dirty price
PRC = clean price
YLD = YTM
INT = accrued interest
Ex 1. Ample Computers has just issued a five year bond with a 10% coupon
Week 3 Practice Exercises
Full capacity sales = Current Sales/% capacity
Max Sales Growth = (Full Capacity Sales/Current Sales) 1
% Sales Method
g = (1+g)x
g is the growth rate
x is the % capacity at which the firm is currently operating, if it is running
FIN 401 EXAM CRIB SHEET, SSD
Dividends
Thursday
2 Business Days Prior
Monday
ExDividend Date
ExDividend 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
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 doublesided cheat sheet and a
calculator. No other aids are allowed.
3.
The exam is
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
FIN300 Week 4
Slide 7:
Interest earned per year= $100 x 6%= $6.00
Total Interest earned over 5year 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
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
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
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
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
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
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
FIN300
September 14, 2016
Lecture 2 chapter 3
Sample Statement of Financial Position

This statement shows 2 years in comparison
An inventory increase can be caused by an increase in production or loss in sales
Net FA = Net fixed assets
N/P = note payabl
Week 4 Practice Exercises
The present value PV of amount invested at the rate r per period for n periods and
the future value FV of this amount are related by:
Future Value
FV = PV(1 + r)n
Present Value
PV = FV / (1 + r)n
For PV & FV problems involving si
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