KHÔI 31221025203 - LÊ THANH 

Bảng Điều khiển  Khoá học  Trường Kinh doanh  Khoa Tài chính  Bộ môn Tài chính doanh nghiệp  Dương Kha
 QTTC -IBC03-ST5-B2-404  Buổi 5 - Chương 15 - Giới thiệu tài trợ dài hạn. Bài kiểm tra LMS lần 1  Bài kiểm tra LMS -
lần 1

Bắt đầu vào lúc Friday, 12 April 2024, 10:48 PM

Trạng thái Đã xong
Kết thúc lúc Friday, 12 April 2024, 11:12 PM
Thời gian thực hiện 24 phút 5 giây
Điểm 20,00/20,00
Điểm 10,00 trên 10,00 (100%)

Câu Hỏi 1 Đúng Đạt điểm 1,00 trên 1,00

Which of the following questions are addressed by financial managers?

I. How should a product be marketed?
II. Should customers be given 30 or 45 days to pay for their credit purchases?
III. Should the firm borrow more money?
IV. Should the firm acquire new equipment?

Select one:
a. II, III, and IV only

b. I, II, III, and IV

c. I, II, and III only

d. I and IV only

e. II and III only

Câu trả lời của bạn đúng

The correct answer is: II, III, and IV only
Câu Hỏi 2 Đúng Đạt điểm 1,00 trên 1,00

Beach Wear has current liabilities of $350,000, a quick ratio of 1.65, inventory turnover of 3.2, and a
current ratio of 2.9. What is the cost of goods sold?

Select one:
a. $980,000

b. $1,400,000

c. $1,560,000

d. $1,200,000

e. $1,060,000

Câu trả lời của bạn đúng

The correct answer is: $1,400,000
Câu Hỏi 3 Đúng Đạt điểm 1,00 trên 1,00

You just received an insurance settlement offer related to an accident you had six years ago. The offer
gives you a choice of one of the following three offers:

- Option A: $1,565 a month for 72 months.

- Option B: $1,012 a month for 10 years.
-Option C: $100,000 as a lump sum payment today.

You can earn 7.5 percent on your investments. You do not care if you personally receive the funds or if
they are paid to your heirs should you die within the settlement period. Which one of the following
statements is correct given this information?

Select one:
a. Option A is the best choice as it provides the largest monthly payment.

b. Option B is the best choice because you will receive the most payments.

c. You are indifferent to the three options as they are all equal in value.

d. Option B is the best choice because it pays the largest total amount.

e. Option C is the best choice because it is has the largest current value.

Câu trả lời của bạn đúng

The correct answer is: Option C is the best choice because it is has the largest current value.
Câu Hỏi 4 Đúng Đạt điểm 1,00 trên 1,00

Which one of the following terms is defined as a conflict of interest between the corporate shareholders
and the corporate managers?

Select one:
a. agency problem

b. bylaws

c. corporate breakdown

d. articles of incorporation

e. legal liability

Câu trả lời của bạn đúng

The correct answer is: agency problem
Câu Hỏi 5 Đúng Đạt điểm 1,00 trên 1,00

Boyer Enterprises had $200,000 in 2011 taxable income. What is the firm's average tax rate based on the
rates shown in the following table?

Taxable Income Tax Rate

$0 – 50,000 15%
50,001 – 75,000 25%
75,001 – 100,000 34%
101,000 – 335,000 39%

Select one:
a. 36.50 percent

b. 28.25 percent

c. 39.00 percent

d. 32.48 percent

e. 30.63 percent

Câu trả lời của bạn đúng

The correct answer is: 30.63 percent
Câu Hỏi 6 Đúng Đạt điểm 1,00 trên 1,00

The Corner Hardware has succeeded in increasing the amount of goods it sells while holding the amount
of inventory on hand at a constant level. Assume that both the cost per unit and the selling price per unit
also remained constant. This accomplishment will be reflected in the firm's financial ratios in which one
of the following ways?

Select one:
a. decrease in the inventory turnover rate

b. decrease in the net working capital turnover rate

c. no change in the total asset turnover rate

d. decrease in the day's sales in inventory

e. no change in the fixed asset turnover rate

Câu trả lời của bạn đúng

The correct answer is: decrease in the day's sales in inventory

Câu Hỏi 7 Đúng Đạt điểm 1,00 trên 1,00

Which one of the following will increase the value of a firm's net working capital?

Select one:
a. purchasing inventory on credit

b. selling inventory at a profit

c. collecting an accounts receivable

d. depreciating an asset

e. using cash to pay a supplier

Câu trả lời của bạn đúng

The correct answer is: selling inventory at a profit

Câu Hỏi 8 Đúng Đạt điểm 1,00 trên 1,00

Andre's Bakery has sales of $687,000 with costs of $492,000. Interest expense is $26,000 and
depreciation is $42,000. The tax rate is 35 percent. What is the net income?

Select one:
a. $44,450

b. $42,750

c. $124,550

d. $86,450

e. $82,550

Câu trả lời của bạn đúng

The correct answer is: $82,550

Câu Hỏi 9 Đúng Đạt điểm 1,00 trên 1,00

If a firm produces a twelve percent return on assets and also a twelve percent return on equity, then the
firm:

Select one:
a. has an equity multiplier of 1.0.

b. is using its assets as efficiently as possible.

c. has a debt-equity ratio of 1.0.

d. has no net working capital.

e. may have short-term, but not long-term debt.

Câu trả lời của bạn đúng

The correct answer is: has an equity multiplier of 1.0.

Câu Hỏi 10 Đúng Đạt điểm 1,00 trên 1,00

Which one of the following is a capital structure decision?

Select one:
a. determining which one of two projects to accept

b. determining how much inventory will be needed to support a project

c. determining how much debt should be assumed to fund a project

d. determining how to allocate investment funds to multiple projects

e. determining the amount of funds needed to finance customer purchases of a new product

Câu trả lời của bạn đúng

The correct answer is: determining how much debt should be assumed to fund a project

Câu Hỏi 11 Đúng Đạt điểm 1,00 trên 1,00

Reliable Cars has sales of $807,200, total assets of $1,105,100, and a profit margin of 9.68 percent. The
firm has a total debt ratio of 78 percent. What is the return on equity?

Select one:
a. 13.09 percent

b. 28.56 percent

c. 17.68 percent

d. 32.14 percent

e. 16.67 percent

Câu trả lời của bạn đúng

The correct answer is: 32.14 percent

Câu Hỏi 12 Đúng Đạt điểm 1,00 trên 1,00

You just received $225,000 from an insurance settlement. You have decided to set this money aside and
invest it for your retirement. Currently, your goal is to retire 25 years from today. How much more will
you have in your account on the day you retire if you can earn an average return of 10.5 percent rather
than just 8 percent?

Select one:
a. $1,050,423

b. $417,137

c. $1,818,342

d. $1,189,576

e. $689,509

Câu trả lời của bạn đúng

The correct answer is: $1,189,576

Câu Hỏi 13 Đúng Đạt điểm 1,00 trên 1,00

Webster World has sales of $12,900, costs of $5,800, depreciation expense of $1,100, and interest
expense of $700. What is the operating cash flow if the tax rate is 32 percent?

Select one:
a. $4,704

b. $7,100

c. $5,749

d. $5,404

e. $7,036

Câu trả lời của bạn đúng

The correct answer is: $5,404

Câu Hỏi 14 Đúng Đạt điểm 1,00 trên 1,00

You are considering a project with conventional cash flows and the following characteristics:
Internal Rate of Return 11.63%
Profitability Ratio 1.04
Net present value $987
Payback period 2.98 years

Which of the following statements is correct given this information?

I. The discount rate used in computing the net present value was less than 11.63 percent.
II. The discounted payback period must be more than 2.98 years.
III. The discount rate used in the computation of the profitability ratio was 11.63 percent.
IV. This project should be accepted as the internal rate of return exceeds the required return.

Select one:
a. I and II only

b. III and IV only

c. II, III, and IV only

d. I, II, and IV only

e. I, II, III, and IV

Câu trả lời của bạn đúng

The correct answer is: I, II, and IV only

Câu Hỏi 15 Đúng Đạt điểm 1,00 trên 1,00

Consider the following two mutually exclusive projects:

Year Project A Project B

0 -$318,844 -$27,476
1 27,700 9,057
2 56,000 10,536
3 55,000 11,849
4 399,000 13,814

The required return is 15 percent for both projects. Which one of the following statements related to
these projects is correct?

Select one:
a. Only NPV implies accepting Project A.

b. NPV, IRR, and PI all imply accepting Project A.

c. The profitability rule implies accepting Project A.

d. The IRR decision rule should be used as the basis for selecting the project in this situation.

e. Because both the IRR and the PI imply accepting Project B, that project should be accepted.

Câu trả lời của bạn đúng

The correct answer is: Only NPV implies accepting Project A.
Câu Hỏi 16 Đúng Đạt điểm 1,00 trên 1,00

If a project has a net present value equal to zero, then:

Select one:
a. the total of the cash inflows must equal the initial cost of the project.

b. a decrease in the project's initial cost will cause the project to have a negative NPV.

c. the project earns a return exactly equal to the discount rate.

d. any delay in receiving the projected cash inflows will cause the project to have a positive NPV.

e. the project's PI must be also be equal to zero.

Câu trả lời của bạn đúng

The correct answer is: the project earns a return exactly equal to the discount rate.

Câu Hỏi 17 Đúng Đạt điểm 1,00 trên 1,00

The Chandler Group wants to set up a private cemetery business. According to the CFO, Barry M. Deep,
business is "looking up". As a result, the cemetery project will provide a net cash inflow of $57,000 for the
firm during the first year, and the cash flows are projected to grow at a rate of 7 percent per year
forever. The project requires an initial investment of $759,000. The firm requires a 14 percent return on
such undertakings. The company is somewhat unsure about the assumption of a 7 percent growth rate
in its cash flows. At what constant rate of growth would the company just break even?

Select one:
a. 6.49 percent

b. 5.61 percent

c. 5.29 percent

d. 4.48 percent

e. 6.75 percent

Câu trả lời của bạn đúng

The correct answer is: 6.49 percent

Câu Hỏi 18 Đúng Đạt điểm 1,00 trên 1,00

Samantha opened a savings account this morning. Her money will earn 5 percent interest, compounded
annually. After five years, her savings account will be worth $5,600. Assume she will not make any
withdrawals. Given this, which one of the following statements is true?

Select one:
a. Samantha would have had to deposit more money to have $5,600 in five years if she could have earned 6
percent interest.

b. The present value of Samantha's account is $5,600.

c. Samantha will earn an equal amount of interest every year for the next five years.

d. Samantha deposited more than $5,600 this morning.

e. Samantha could have deposited less money and still had $5,600 in five years if she could have earned
5.5 percent interest.

Câu trả lời của bạn đúng

The correct answer is: Samantha could have deposited less money and still had $5,600 in five years if she
could have earned 5.5 percent interest.

Câu Hỏi 19 Đúng Đạt điểm 1,00 trên 1,00

The Wine Press is considering a project which has an initial cash requirement of $187,400. The project
will yield cash flows of $2,832 monthly for 84 months. What is the rate of return on this project?

Select one:
a. 7.56 percent

b. 7.28 percent

c. 7.04 percent

d. 7.41 percent

e. 6.97 percent

Câu trả lời của bạn đúng

The correct answer is: 7.04 percent

Câu Hỏi 20 Đúng Đạt điểm 1,00 trên 1,00

Which one of the following statements is correct?

Select one:
a. An equity multiplier of 1.2 means a firm has $1.20 in sales for every $1 in equity.

b. Long-term creditors would prefer the times interest earned ratio be 1.4 rather than 1.5.

c. If the total debt ratio is greater than .50, then the debt-equity ratio must be less than 1.0.

d. The debt-equity ratio can be computed as 1 plus the equity multiplier.

e. An increase in the depreciation expense will not affect the cash coverage ratio.

Câu trả lời của bạn đúng

The correct answer is: An increase in the depreciation expense will not affect the cash coverage ratio.

◄ Bài kiểm tra buổi 5 Chuyển tới...

Chương 16 - Cấu trúc vốn - khái niệm cơ bản ►