TEST 1 ECO 2023
Print your name, date, and section on this test and on the Scantron. Please read each question carefully,
choose the best answer, and mark the Scantron. You may write on your exar& but it must be turned in
with the Scantron. Good luck.
Stocks have market prices, and they also have intrinsic values. If the market
price is below the intrinsic value as estimated by marginal investors, and if
the intrinsic value remains stable in the future, then there will be a tendency
for the stock's pri
Your firm has the following balance sheet statement items: total current liabilities of
$805,000; total assets of $2,655,000; fixed and other assets of $1,770,000; and long-term
debt of $200,000. What is the amount of the firm's net working
Net Plant & Equipment
500,000 Accounts payable and accruals
2,000,000 Notes payable
Total common equity
2,500,000 Total liabil
CHAPTER 13 : PROJECT VALUATION
Suppose your firm is considering investing in a project with the accompanying cash
flows, that the required rate of return on projects of this risk class is 11 percent, and that the
maximum allowable pay
Which of the following parties would perform an internal financial analysis?
a A financial analyst forecasting the next period's
. borrowing needs
b A firm's competitors
c A firm's creditors
d Analysts for investment companies
STUDY MATERIAL FOR CHAPTERS 4-5
PROFESSOR Julia Moshou
Financial Forecasting is primarily a prediction of how the company will perform over the next fiscal year,
utilizing past history and projected income and expenses.
A pro forma b
Comparison of Means and Standard Deviations between 2008 and 2013
2008 UM GPA
2013 UM GPA
2008 SAT Verbal
2013 SAT Verbal
2008 Credit Load
1. Amortization - A noncash charge similar to depreciation except that it represents a decline in value of intangible
assets. It represents the decline in value of intangible assets such as patents, copyrights, trademarks, and goodwill
DISCOUNTED CASH FLOWS AND VALUATION
1. CASH FLOWS OCCURRING AT DIFFERENT
TIMES MUST BE ADJUSTED TO REFLECT THEIR
VALUE AS OF A COMMON DATE
2. CALCULATE THE PRESENT VALUE AND THE
FUTURE VALUE OF AN ORD
You have been given the following information on a call option on the stock of Puckett Industries:
A 20-year, 8% semiannual coupon bond with a par value of $1,000 may be called in 5 years at a call price of $1,040.
The bond sells for $1,100. (Assume that the bond has just been issued.)
Basic Input Data:
Years to maturity:
Nova Southeastern University
Wayne Huizenga Graduate School
of Business & Entrepreneurship
Assignment for Course:
16110 SW 103rd Pl.
Miami, FL 33157
Date of Submission:5/15/16
5-3. If in
Lunar Registry is a firm that advertises sales of real estate on the
moon and special packages for honeymooning couples, among
others. Lunar Registry is said to be marketing _ products.
Working individually or in groups, use Internet resources to find
situations where company management and the union reached an
impasse at some point during their negotiation process, but
eventually resolved the impasse. Descri
_ is the product life cycle (PLC) period when sales fall off and profits drop.
What does it mean to harvest a product?
Cut advertising to zero but keep producing and selling the product.
Shopping products/goods have which of the fol
1. What adjustments would you make at this point? Would you cancel the program or run it at
At this point, I would take a moment to analyze how the program is presently running in relation
to the initial plan. Managers are at times faced with adve
Alexsandria San Antonio
FIN2000 Tuesdays 5:40-9:10
Chapter 2 HW #1-11 Even
2) a. Earnings per share for the year 2011
b. Earnings per share for the year 2012
4) What is the firms operating profit?
For or against genetically modified plants? Genetically modified plants are
genetically modified (GM) organisms. These GM organisms are produced by genetic
engineers by adding one or more genes artificially. To truly be able to decide whether for
1. Does IKEA have a truly global strategy, or just a series of regional strategies? Explain.
I believe IKEA has a truly global strategy. It isnt solely a series of regional strategies. Ikea does
not reinvent its strategy for each and every market. Instead
CHAPTER 1 PG 29-30 LETTER C.
1. By Embracing citizenship goals, assess whether corporations can insulate themselves
from many activist actions, thereby avoiding negative media events.
-Corporations cannot necessarily avoid any activist proble
Chapter 12 Homework
Team Competency Exercise
In this exercise i evaluated the team i use to work with at my old company doing customer
service. The score i got was an average
Whole Foods 1
Whole Foods 2
Whole Foods Market started in 1980 under John Mackey and his girlfriend as a market that
promoted things such as less processed, healthier, organic foods. John Mackey is an American
Wal-Mart is one of the largest and most successful corporations in America, Its known to
aggregate big amounts of goods at a very low price, and still performing a strong financial
performance, which is wh
The main feature of Wal-Marts strategy is a low-cost leadership. This attracts customers by
supplying a big selection of low cost general goods. Wal-Mart achieves cost advantage by
When it comes to cost and pricing not a lot of companies do it better or as good as Wal-mart.
Wal-Mart has been able to capturen huge market shares by selling almost everything and be