Question

Offered Price $20.00

FINC400 quiz 1

Question # 00000975
Subject: Finance
Due on: 09/16/2013
Posted On: 09/11/2013 03:51 PM

Rating:
4.1/5
Expert tutors with experiences and qualities
Posted By
Best Tutors for school students, college students
Questions:
120
Tutorials:
0
Feedback Score:

Purchase it
Report this Question as Inappropriate
Question

art 1 of 1 - Week 1 Quiz

.25pt="">

Question 1 of 25

4.0 Points

The firm’s price-earnings (P/E) ratio is influenced by its

A.capital structure.

B.earnings volatility.

C.sales, profit margins, and earnings.

D.all of these.

Question 2 of 25

4.0 Points

.25pt="">The primary disadvantage of accrual accounting is that

.25pt="">

A.it does not match revenues and expenses in the period in which they are incurred.

B.it does not appropriately measure accounting profit.

C.it does not recognize accounts receivable.

D.it does not adequately show the actual cash flow position of the firm

Question 3 of 25

4.0 Points

Total assets of a firm are financed with liabilities and stockholders' equity.

True

False

.

Question 4 of 25

4.0 Points

Gross profit is equal to

A.sales minus cost of goods sold.

B.sales minus (selling and administrative expenses).

C.sales minus (cost of goods sold and selling and administrative expenses).

D.sales minus (cost of goods sold and depreciation expense).

Question 5 of 25

4.0 Points

The higher the profit of a firm, the higher the value the firm is assured of receiving in the market.

A. True

B. False

uestion 6 of 25

4.0 Points

.25pt="">Ratios are used to compare different firms in the same industry.

.25pt="">

A. True

B. False

.apus.edu/portal/tool/357d4114-c555-441e-9e2b-1a69c8037a10/jsf/delivery/deliverAssessment">

Question 7 of 25

4.0 Points

The Sarbanes-Oxley Act was passed in an effort to

A.protect small business from large corporations dominating the market.

B.ensure that partnerships divide profits among partners in a fair manner.

C.guarantee outside auditors can control corporate accounting practices.

D.control corrupt corporate behavior.

uestion 8 of 25

4.0 Points

.25pt="">Which of the following is not subtracted out in arriving at operating income?

.25pt="">

A.interest expense

B.cost of goods sold

C.depreciation

D.selling and administrative expense

Question 9 of 25

4.0 Points

.25pt="">Which of the following is not a primary source of capital to the firm?

.25pt="">

A.assets

B.common stock

C.preferred stock

D.bonds

Question 10 of 25

4.0 Points

.25pt="">A firm has $1,500,000 in its common stock account and $1,000,000 in its paid-in capital account. The firm issued 100,000 shares of common stock. What was the original issue price if only one stock issue has ever been sold?

.25pt="">

A.$35 per share

B.$25 per share

C.$15 per share

D.Not enough information to tell

Question 11 of 25

4.0 Points

.25pt="">Debt utilization ratios are used to evaluate the firm's debt position with regard to its asset base and earning power.

.25pt="">

A. True

B. False

uestion 12 of 25

4.0 Points

.25pt="">A firm with earnings per share of $3 and a price-earnings ratio of 20 will have a stock price of

.25pt="">

A.$60.00

B.$15.00

C.$6.67

D.the market assigns a stock price independent of EPS and the P/E ratio.

Question 13 of 25

4.0 Points

.25pt="">The P/E ratio is strongly related to the past performance of the firm.

.25pt="">

A. True

B. False

Question 14 of 25

4.0 Points

.25pt="">Money markets would include which of the following securities?

.25pt="">

A.common stock and corporate bonds.

B.treasury bills and commercial paper.

C.certificates of deposit and preferred stock.

D.all of these.

uestion 15 of 25

4.0 Points

.25pt="">Agency theory assumes that corporate managers act to increase the wealth of corporate shareholders.

.25pt="">

A. True

B. False

Question 16 of 25

4.0 Points

.25pt="">Preferred stock is excluded from stockholders equity because it does not have full voting rights.

.25pt="">

A. True

B. False

Question 17 of 25

4.0 Points

Sales minus cost of goods sold is equal to earnings before taxes.

A. True

B. False

Question 18 of 25

4.0 Points

Asset utilization ratios

A.relate balance sheet assets to income statement sales.

B.measure how much cash is available for reinvestment into current assets.

C.are most important to stockholders.

D.measures the firm's ability to generate a profit on sales.

Question 19 of 25

4.0 Points

The P/E ratio provides no indication of investors' expectations about the future of a company.

A. True

B. False

.apus.edu/portal/tool/357d4114-c555-441e-9e2b-1a69c8037a10/jsf/delivery/deliverAssessment">

Question 20 of 25

4.0 Points

.25pt="">Asset utilization ratios relate balance sheet assets to income statement sales.

.25pt="">

A. True

B. False

Question 21 of 25

4.0 Points

.25pt="">Financial markets exist as a vast global network of individuals and financial institutions that may be lenders, borrowers, or owners of public companies worldwide.

.25pt="">

A. True

B. False

Question 22 of 25

4.0 Points

.25pt="">Which of the following is an outflow of cash?

.25pt="">

A.profitable operations

B.the sale of equipment

C.the sale of the company’s common stock

D.the payment of cash dividends

uestion 23 of 25

4.0 Points

.25pt="">The Bubba Corp. had earnings before taxes of $400,000 and sales of $2,000,000. If it is in the 40% tax bracket its after-tax profit margin is:

.25pt="">

A.40%

B.12%

C.20%

D.25%

Question 24 of 25

4.0 Points

.25pt="">The income statement is the major device for measuring the profitability of a firm over a period of time.

.25pt="">

A. True

B. False

Question 25 of 25

4.0 Points

.25pt="">Which of the following is an inflow of cash?

.25pt="">

A.funds spent in normal business operations

B.the purchase of a new factory

C.the sale of the firm's bonds

D.the retirement of the firm's bonds

Tutorials for this Question
Available for
$20.00

FINC400 quiz 1

Tutorial # 00000831
Posted On: 09/11/2013 03:53 PM
Posted By:
Best Tutors for school students, college students koolmind
Expert tutors with experiences and qualities
Questions:
75
Tutorials:
189
Feedback Score:
Report this Tutorial as Inappropriate
Tutorial Preview ……
Attachments
finc400quiz_1_0.docx (104.92 KB)
Preview: with xxxxxx to xxx asset base xxx earning power xxx True B xxxxxxxxxxxx xx of xxx 0 PointsA xxxx with earnings xxx share xx xx and x price-earnings ratio xx 20 will xxxx a xxxxx xxxxx of A xxx 00 B $15 xxxxx $6 67 D xxx market xxxxxxx x stock xxxxx independent of xxx and the xxx ratio xxxxxxxx xx of xxx 0 PointsThe xxx ratio is xxxxxxxx related xx xxx past xxxxxxxxxxx of the xxxx  A True B xxxxxxxxxxxxx 14 xx xxx 0 xxxxxxxxxxx markets would xxxxxxx which of xxx following xxxxxxxxxxxxxx xxxxxx stock xxx corporate bonds xxx treasury bills xxx commercial xxxxx xxx certificates xx deposit and xxxxxxxxx stock  D xxx of xxxxx xxxxxxx 15 xx 254 0 xxxxxxxxxxxx theory assumes xxxx corporate xxxxxxxx xxx to xxxxxxxx the wealth xx corporate shareholders xxx True B xxxxxxxxxxxxx xx of xxx 0 PointsPreferred xxxxx is excluded xxxx stockholders xxxxxx xxxxxxx it xxxx not have xxxx voting rights xxx True B xxxxxxxxxxxxx xx of xxx 0 PointsSales xxxxx.....
Purchase this Tutorial @ $20.00 *
* - Additional Paypal / Transaction Handling Fee (3.9% of Tutorial price + $0.30) applicable
Available for
$15.00

100% correct answer to all 25 FINC400 quiz 1 Questions

Tutorial # 00000841
Posted On: 09/12/2013 04:12 AM
Posted By:
Best Tutors for school students, college students Sanatana
Expert tutors with experiences and qualities
Questions:
0
Tutorials:
6
Feedback Score:
Report this Tutorial as Inappropriate
Tutorial Preview …correct xxxxxx…
Attachments
FINC400_quiz_1_Answer.docx (102.21 KB)
Preview: administrative xxxxxxxxx D xxxxx minus (cost xx goods sold xxx depreciation xxxxxxxx xxxxxxxx 5 xx 254 0 xxxxxxxxx higher the xxxxxx of x xxxxx the xxxxxx the value xxx firm is xxxxxxx of xxxxxxxxx xx the xxxxxx A TrueB xxxxxxxxxxxx 6 of xxx 0 xxxxxxxxxxxx xxx used xx compare different xxxxx in the xxxx industry x xxxxx FalseQuestion x of 254 x PointsThe Sarbanes-Oxley xxx was xxxxxx xx an xxxxxx toA protect xxxxx business from xxxxx corporations xxxxxxxxxx xxx market x ensure that xxxxxxxxxxxx divide profits xxxxx partners xx x fair xxxxxx C guarantee xxxxxxx auditors can xxxxxxx corporate xxxxxxxxxx xxxxxxxxx D xxxxxxx corrupt corporate xxxxxxxx uestion 8 xx 254 x xxxxxxxxxxx of xxx following is xxx subtracted out xx arriving xx xxxxxxxxx income?A xxxxxxxx expenseB cost xx goods soldC xxxxxxxxxxxxx selling xxx xxxxxxxxxxxxxx expenseQuestion x of 254 x PointsWhich of xxx following xx xxx a xxxxxxx source of xxxxxxx to the xxxxxx assetsB xxxxxx xxxxxx preferred xxxxxx bondsQuestion.....
Purchase this Tutorial @ $15.00 *
* - Additional Paypal / Transaction Handling Fee (3.9% of Tutorial price + $0.30) applicable
List of Main Subjects
Accounting
Anthropology
Architecture
Art
Asian Studies
Astronomy
Biology
Business
Chemistry
Communications
Computer Science
Economics
Education
Engineering
English
Finance
Foreign Languages
Gender Studies
General Questions
Geography
Geology
Health Care
History
Kindergarten
Law
Linguistics
Literary Studies
Marketing
Mathematics
Music
Nursing
Performing Arts
Philosophy
Physics
Political Science
Psychology
Religious Studies
Sociology
Statistics
Urban Planning and Policy
View all subjects...
Loading...