Reference no: EM131338700
1. Which of the following is considered a hybrid organizational form?
limited liability partnership
partnership
sole proprietorship
corporation
2. Which of the following is a principal within the agency relationship?
a company engineer
the board of directors
the CEO of the firm
a shareholder
3. Teakap, Inc., has current assets of $ 1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
$803,010
$1,844,022
$2,303,010
$2,123,612
4. Which of the following presents a summary of the changes in a firm's balance sheet from the beginning of an accounting period to the end of that accounting period?
The statement of retained earnings.
The statement of working capital.
The statement of cash flows.
The statement of net worth.
5. Efficiency ratio: Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?
65.2 days
57.9 days
61.7 days
64.3 days
6. Leverage ratio: Your firm has an equity multiplier of 2.47. What is its debt-to-equity ratio?
1.47
0.60
1.7
7. Which of the following is not a method of "benchmarking"?
Identify a group of firms that compete with the company being analyzed.
Evaluating a single firm's performance over time.
Conduct an industry group analysis.
Utilize the DuPont system to analyze a firm's performance.
8. 2 Present value: Jack Robbins is saving for a new car. He needs to have $ 21,000 for the car in three years. How much will he have to invest today in an account paying 8 percent annually to achieve his target? (Round to nearest dollar.)
$22,680
$26,454
$16,670
$19,444
9. 3 PV of multiple cash flows: Ferris, Inc., has borrowed from their bank at a rate of 8 percent and will repay the loan with interest over the next five years. Their scheduled payments, starting at the end of the year are as follows-$450,000, $560,000, $750,000, $875,000, and $1,000,000. What is the present value of these payments? (Round to the nearest dollar.)
$2,815,885
$2,735,200
$2,615,432
$2,431,224
10. PV of multiple cash flows: Ajax Corp. is expecting the following cash flows-$79,000, $112,000, $164,000, $84,000, and $242,000-over the next five years. If the company's opportunity cost is 15 percent, what is the present value of these cash flows? (Round to the nearest dollar.)
$477,235
$480,906
$414,322
$429,560
Equilibrium of supply and demand
: Explain why equilibrium of supply and demand is desirable.
|
What do the projected ending inventory
: Develop a master production schedule for the breadmaker. What do the projected ending inventory and available-to-promise numbers look like? Has Realco "overpromised"? In your view, should Realco update either the forecast or the production numbers..
|
Function of the demand curve
: The midpoints formula is an approximation, which is also called the arc elasticity. When the function of the demand curve is known, instead of the arc elasticity, we can calculate the point elasticity. The formula of point elasticity is E = (1/slo..
|
Prepare a presentation on international travel company
: Create a Microsoft PowerPoint presentation that includes the following:A minimum of 6 slides and a maximum of 8 slides.A minimum of three slide layouts, pleasing to the eye and easy to read.Two or more clip art pieces or photos, one WordArt object, A..
|
Identify a group of firms that compete with the company
: Identify a group of firms that compete with the company being analyzed. Evaluating a single firm's performance over time. Conduct an industry group analysis. Utilize the DuPont system to analyze a firm's performance.
|
Determine the rate of return on the investment
: Assuming that the security is held until maturity, the investor will receive $100,000 (face amount). Determine the rate of return on this investment.
|
Maturity risk premium between a 10 year bond and 1 year bond
: If the yield on 10-year U.S. Treasury bonds is 12 percent, what is the maturity risk premium between a 10-year bond and a 1-year bond?
|
Smooth inverted u-shaped curve
: Assume that the short run marginal product curve is a smooth inverted U-shaped curve, when labor input increases, the corresponding total product curve has a(an)
|
What is the portfolio expected return
: A portfolio is invested 16 percent in Stock G, 31 percent in Stock J, and 53 percent in Stock K. The expected returns on these stocks are 10 percent, 12.5 percent, and 17.9 percent, respectively. What is the portfolio’s expected return?
|