fin_200_final_version_2

Apr 16th, 2015
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Albany State University
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Hi there.This document contains A+ work for the course FIN 200.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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FIN 200 final Version 21) Maximization of shareholder wealth is a concept in which A.profits are maximized on a quarterly basis.B.virtually all earnings are paid as dividends to common stockholders.C.increased earnings is of primary importance.D.optimally increasing the long-term value of the firm is emphasized.2) What is the primary goal of financial management? A.Maximizing cash flowB.Maximizing shareholder wealthC.Increased earningsD.Minimizing risk of the firm3) One of the major disadvantages of a sole proprietorship is A.the simplicity of decision making.B.low organizational costs.C.that there is unlimited liability to the owner.D.low operating costs.4) The statement of cash flows does NOT include which of the following sections? A.cash flows from sales activitiesB.cash flows from investing activitiesC.cash flows from operating activitiesD.cash flows from financing activities5) Which of the following is not a primary source of capital to the firm? A.common stockB.preferred stockC.assetsD.bonds6) Which account represents the cumulative earnings of the firm since its formation, minus dividends paid? A.Common stockB.Accumulated depreciationC.Paid-in capitalD.Retained earnings7) The most rigorous test of a firm's ability to pay its short-term obligations is its A.quick ratio.B.times-interest-earned ratio.C.current ratio.D.debt-to-assets ratio.8) In examining the liquidity ratios, the primary emph

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