Description
Has anyone taken the FIN/571 final exam recently at UoP? Preview please and score + $
Explanation & Answer
THE VALUE OF AN INVESTMENT BY A FIRM DEPENDS ON THE SIZE, THE TIMING, AND THE RISK OF THE INVESTMENT’S CASH FLOWS.
This is the correct answer. Please discard the previous one
13741.03
What is the future value of $2,932 invested for 9 years at 4.50 percent compounded annually?$4,370.61$1,937.29$4,357.23 (This is correct one)$4,095.80$4,343.86
Please see the attached picture for Present Value
You bought 600 shares of stock at $24.20 each. At the end of the year, you received a total of $720 in dividends, and your stock was worth a total of $15,678. What was your total dollar capital gain and total dollar return?$1,878; $2,598$1,878; $1,158$1,158; $2,598$1,158; $1,878 (This is the correct one)$2,598; $1,878
BCD shares are currently selling for $27.38 each. You bought 200 shares one year ago at $26.59 and received dividend payments of $1.27 per share. What was your percentage capital gain for the year?7.75%2.97% (This is the correct one)3.21%7.52%-2.89%
A firm has sales of $1,160, net income of $215, net fixed assets of $460, and current assets of $314. The firm has $100 in inventory. What is the common-size statement value of inventory?21.7 PERCENT12.9 PERCENT (Correct Answer)31.8 PERCENT8.6 PERCENT48.3 PERCENT
What is the days' sales in receivables? (use 2009 values)47.520.280.833.3 (Correct Answer)41.0
an increase in the ending accounts payable balance
Here are all the answers
Which one of the following parties is considered a stakeholder of a firm?
common stockholder
long-term creditor
customer
short-term creditor
preferred stockholder
Financial managers should primarily strive to:
minimize costs while increasing current dividends.
maximize the current profits of the firm.
maximize current market share in every market in which the firm participates.
maximize the current value per share of existing stock.
maximize current dividends even if doing so adds financial distress costs to the firm.
Which one of these statements is correct?
Most investors prefer greater risk over less risk.
Accountants record sales and expenses after the related cash flows occur.
The value of an investment by a firm depends on the size, the timing, and the risk of the investment’s cash
flows.
All overseas operations present the same amount of risk.
Which one of these is a cash outflow from a corporation?
sale of common stock
sale of an asset
profit retained by the firm
dividend payment
issuance of debt
First City Bank pays 6 percent simple interest on its savings account balances, whereas Second City Bank pays 6
percent interest compounded annually.
If you made a $72,000 deposit in each bank, how much more money would you earn from your Second City Bank
account at the end of 10 years? (Do not round intermediate calculations and round your answer to 2 decimal
places, e.g., 32.16.)
Diff...