study exam final

Satisfactory Essays
FIN 370 Final Exam Answers – Updated 2014-15
Thank you for using ACCNERD.com. We love helping you earn better grades!

1. Which of the following is true regarding Investment Banks?

As of 2010, stand alone Investment banks are numerous.

2. We compute the profitability index of a capital-budgeting proposal by Initial outlay = $1,748.80

dividing the present value of the annual after-tax cash flows by the cost of the project.

Explanation: The profitability index is calculated as Net Present Value / Initial Outlay.

3. Project Sigma requires an investment of $1 million and has a NPV of $10. Project Delta requires an investment of $500,000 and has a NPV of $150,000. The projects involve unrelated new product lines.

What is your evaluation of these two projects?

Both projects should be accepted because they have positive NPV's

Explanation: A positive NPV indicates the project is generating returns at the firms required rate of return and should be accepted.

4. Which of the following is most likely to occur if a firm over-invests in net working capital?

The return on investment will be lower than it should be.

Explanation: More funds will be allocated to current assets, which will make the firm’s relative return on investment (ROI) appear lower.

5. The Securities Investor Protection Corporation protects individuals from

Brokerage firm failures

6. If managers are making decisions to maximize shareholder wealth, then they are primarily concerned with making decisions that should:

Increase the market value of the firm's common stock.

Explanation: Stock value increases are typically the most effective way to increase shareholder wealth.

7. Buying and selling in more than one market to make a riskless profit is called:
Arbitrage

8. Given an accounts receivable turnover of 8 and annual credit sales of $362,000, the average collection period (360-day year) is

45 Days

Explanation: ACP = 360 / 8 = 45 Days

9.

You May Also Find These Documents Helpful

  • Good Essays

    Final Exam Study Guide

    • 384 Words
    • 2 Pages

    Final Exam Study Guide The following are broad / general questions that students should be able to answer after having completed this course. Note that these are not specific questions taken from the final exam; these questions are to be used as a guide to judge how well you know the material. (NOTE: Did you notice the specific study strategy that is encouraged by the format of this study guide?) Success in College What are the different types of learning styles? Why can failure be a good thing…

    • 384 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Final Exam Study Guide

    • 252 Words
    • 2 Pages

    ISDS 7450 (Web) 11/19/12 Final Exam Review • 25-30 questions • Multiple choice and a couple of short answer questions • BRING LAPTOP - Exam will be taken by student on person laptop. KPIs/Metrics - Are the ones that lead to some kind of clear action. It doesn’t do us any good if these metrics and KPIs don’t improve anything for us. Clear opportunities to do something and its something that the company can control. Not all external AB & Multivariate Tests & DOE - DOE main point…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    How To Study For Final Exams A Masochist's Guide Your final exams probably count for 60% or 70% of your final grades. Those kinds of marks are worth putting some effort into getting! Especially if you've been slacking off all term. I have had more than a few people claim that my methods of studying for final exams were pretty torturous. I usually knock myself out pretty good when I study for finals, mainly because I'm an idiot and have no mathematical ability. But, my techniques have thus far…

    • 2130 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    FINAL EXAM STUDY GUIDE

    • 631 Words
    • 3 Pages

    Summer 2013 Final Exam Study Guide The final exam is worth 35% of your overall course grade. No exceptions will be made for lateness, please arrive early. No study notes, text books, dictionaries or electronic devices will be permitted. Leave all of these items at home. Please note, students are NOT allowed to petition to RE-WRITE a final examination. This document is a study guide indicating the course material you are responsible for reviewing in preparation for the exam. All questions…

    • 631 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    How to study for final Exam Outlines:  Introduction  Goal for good Grades  Start studying before three weeks of final  Plan for study  Implement the plan  Switch off the cell phone and facebook Students study whole the semester. At the end of the semester, students should pas the exams to next semester. This exam is called the final exams of the semester. It is to judge the students that how much knowledge they got semester. It is the international rule. The thinking of Pakistani students…

    • 450 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Final Exam Study Guide

    • 1446 Words
    • 5 Pages

    SEC578 Final Exam Study Guide YOU MAY WANT TO PRINT THIS GUIDE. 1. The Final Exam is "open book, open notes." The maximum time you can spend in the exam is 3 hours, 30 minutes. If you have not clicked the Submit For Grade button by then, you will be automatically exited from the exam. In the Final Exam environment, the Windows clipboard is disabled, so you will not be able to copy exam questions or answers to or from other applications. 2. You should click the “Save Answers” button in the exam…

    • 1446 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    final exam study guide

    • 516 Words
    • 3 Pages

    SOCS350: Final Exam Study Guide 1. Some of the key concepts that will be covered include: (While these are key areas, remember that the exam is comprehensive for all assigned course content, and this study guide may not be all- inclusive). • Institutional (structural) discrimination – Lecture 1 • Individual discrimination – Lecture 1 • Diversity – Chapter 1 • Averse racism – Chapter 3 • Social identity – Chapter 3 • Stereotypes – Chapter 3 • Neosexism – Chapter 3 • Sex segregation – Chapter…

    • 516 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    University of Phoenix Material Final Exam Study Guide Purpose: The purpose of this study guide is to assist in preparation for the Final Exam. How to use this study guide: Use this study guide to review the content covered in each week of the course. The guide highlights Week One: Let’s Get Real and Personal |Objective |What to Study | |Recognize the power of financial planning…

    • 751 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Final Exam Study Guide

    • 430 Words
    • 2 Pages

    Study guide for HRM320 Midterm: Your midterm covers the first three weeks of classwork, and contains eight multiple choice questions (5 points each), four short answer questions (15 points each) and one essay question (30 points). You have two hours to complete the exam. It is on one page. The TCO’s covered on the exam are: Everything we cover in Weeks 1 – 3 is fair game on the midterm. You can only take the midterm one time – and once you start, the time will begin running. The exam is…

    • 430 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Final Exam Case Study:

    • 1473 Words
    • 6 Pages

    Final Exam Case Study: Company Q’s Troubled Waters By: Robert F. J. Gleadall, R.E.T. Project Management, BTE-3420 Instructor: Rhonda Betker, MBA, PMP January 25, 2014 Northern Alberta Institute of Technology (NAIT) Final Exam Case Study: Company Q’s Troubled Waters Introduction In 2008, all of the Fortune 500 companies are having a great year because of the strong economy. One of the companies benefiting from this…

    • 1473 Words
    • 6 Pages
    Better Essays