FIN 200 Final Examination version 3

Apr 16th, 2015
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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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1)Maximization of shareholder wealth is a concept in which A.profits are maximized on a quarterly basis.B.optimally increasing the long-term value of the firm is emphasized.C.increased earnings is of primary importance.D.virtually all earnings are paid as dividends to common stockholders.2)Regarding risk levels, financial managers should A.avoid higher risk projects because they destroy valueB.evaluate investor's desire for riskC.pursue higher risk projects because they increase valueD.focus primarily on market fluctuations3)One of the major disadvantages of a sole proprietorship is A.the simplicity of decision making.B.low operating costs.C.that there is unlimited liability to the owner.D.low organizational costs.4)The statement of cash flows does NOT include which of the following sections? A.cash flows from sales activitiesB.cash flows from financing activitiesC.cash flows from operating activitiesD.cash flows from investing activities5)Which account represents the cumulative earnings of the firm since its formation, minus dividends paid? A.Common stockB.Accumulated depreciationC.Paid-in capitalD.Retained earnings6)Which of the following would represent a use of funds and, indirectly, a reduction in cash balances? A.a decrease in marketable securitiesB.the sale of new bonds by the firmC.an increase in inventoriesD.an increase in accounts payable7)Which of th

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