Fin515 Final Exam

In: Business and Management

Submitted By Barman84
Words 3835
Pages 16
Final Exam Page 1

1. (TCO A) Which of the following does NOT always increase a company's market value? (Points : 5)
Increasing the expected growth rate of sales
Increasing the expected operating profitability (NOPAT/Sales)
Decreasing the capital requirements (Capital/Sales)
Decreasing the weighted average cost of capital
Increasing the expected rate of return on invested capital


2. (TCO F) Which of the following statements is correct? (Points : 5)
The NPV, IRR, MIRR, and discounted payback (using a payback requirement of 3 years or less) methods always lead to the same accept/reject decisions for independent projects.
For mutually exclusive projects with normal cash flows, the NPV and MIRR methods can never conflict, but their results could conflict with the discounted payback and the regular IRR methods.
Multiple IRRs can exist, but not multiple MIRRs. This is one reason some people favor the MIRR over the regular IRR.
If a firm uses the discounted payback method with a required payback of 4 years, then it will accept more projects than if it used a regular payback of 4 years.
The percentage difference between the MIRR and the IRR is equal to the project’s WACC.

3. (TCO D) Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which competition will probably reduce the growth rate in earnings and dividends to zero, i.e., g = 0. The company's last dividend, D0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock?
a. $26.77
b. $27.89
c. $29.05
d. $30.21
e. $31.42
(Points : 20)



4. (TCO G) Singal Inc. is preparing its cash budget. It expects to have sales of $30,000 in January, $35,000…...

Similar Documents

Final Exam

...Class, there is a final exam study guide in doc sharing. Please be sure to review it in detail! I would also like to provide more information on the final: * The Final Exam covers all the TCOs and all the course materials. * This exam is worth 250 points in total, which includes 12 multiple-choice questions at five points each for a total of 60 points, one essay question at 30 points, four essay questions at 40 points each for a total of 190 points. * You have three hours and 30 minutes to complete this exam. * This exam contains two pages. You don't need to complete them in order. My suggestion is to start with the 5 essay questions (page 2) and then go back to the multiple choice questions leaving about 1 hour for the multiple choice. This allots approximately 30 minutes to each essay (2.5 hours) and 5 minutes to each multiple choice (1.0 hours). Multiple Choice: there is one multiple choice question from each of the following chapters: 1, 2, 3, 4, 5, 6, 8, 9, 12, 14, 16, 17. Essay Question Topics: 30 point question (there is one of these) you will be given 6 transactions, and asked to indicate which fund each transaction would be recorded in. The fund summary document and week 1 & 2 document should be helpful here, as well as the notes you have taken on each fund. Review chapters 2, 4, 5, 6, 7 on what transactions are accounted for in each fund. 40 point essay questions (there are 4 of these) 1. Question covering uses of the......

Words: 350 - Pages: 2

Final Exam

...PE 540 Final Exam I. Define, Identify or Explain a. Administrative Philosophy Affects the way the educator presents instructional material and the manner in which on communicates with students, parents, colleagues, and other adminstrators. b. Types of Administrators Principal, Headmaster, Director, Assistant Principal, Specal Educator Coordinator, Curriculum Coordinator, Head of Guidance, Dean. c. Human Resource Management The management of an organization workforce. Responsible for the training and assessment of employees while ensuring compliance eith employment and labor laws. d. Title IX Educational amemndment of 1972 that is the landmark legislation that bans sex discrimination in schools, whether it be academics or athlets. e. Negligence Conduct that falls below the standards of behavior established by law for the protection of others against unreasonable risk of harm. II. Discussion Questions a. Why is a Public Relations Program important to an Organization? By managing, controlling, or influencing people's perceptions, public relations professional hope to intitate a sequence of behaviors that will lead to the achievemnt of organization objectives. b. Why is an understanding of the law importatant to a PE teacher, coach, and administrator? So they can address the proper procedures to the students and players. They have to understand and guide by the law before they can pass it on to the students. c. What is meant by the term, "assumption of risk"? A...

Words: 418 - Pages: 2

Final Exam

...Directions: There are a total of 21 questions on this exam. Each question has one correct answer choice unless otherwise noted. Please mark your answer choice by circling the letter corresponding to your answer choice. In a 2007 study published in Health Affairs1, researchers report the results of a study examining the association between mortality and hospital quality performance measures in a sample of Medicare patients admitted for certain conditions. As per the authors: “The Hospital Quality Alliance (HQA) program gives us the opportunity to systematically monitor the quality of hospital care nationwide. To gauge the importance of the HQA indicators, we examined the relationship between hospitals’ performance on HQA quality indicators and mortality for Medicare enrollees admitted for acute myocardial infarction, congestive heart failure, and pneumonia.” Exhibit 3 below shows the resulting adjusted odds ratios of mortality for three separate HQA measures. The three measures are for AMI (acute myocardial infarction), CHF (congestive heart failure), and pneumonia. Each of these three measures was categorized into quartiles: the 1st quartile category includes the lowest 25% of the values, and the 4th quartile contains the largest 25% of the values. The reference for the above comparisons is the 4th quartile of the relevant performance measure reflected in the column title. 1 Jha A, et al .The Inverse Relationship Between Mortality Rates And Performance In The...

Words: 1798 - Pages: 8

Final Exam

...------------------------------------------------- Accounting Principle Final Exam ------------------------------------------------- Date :December 5, 2011 Exam consists three part with 100 points Part I T/F – Please read the question careful and answer T for True and F for False 1.If the unit price of inventory is increasing during a period, a company using the LIFO inventory method will show less gross profit for the period, than if it had used the FIFO inventory method. 2.Under a perpetual inventory system, the cost of goods sold is determined each time a sale occurs. 3.A periodic inventory system does not require a detailed record of inventory items. 4.Control over cash disbursements is improved if major expenditures are paid by check. 5.A manufacturer’s inventory consists of raw materials, work in process, and finished goods. 6.Non-operating activities include revenues and expenses that are related to the company’s main line of operations. 7. In periods of falling prices, FIFO will result in a larger net income than the LIFO method. 8.Sales revenues, cost of goods sold, and gross profit are amounts on a merchandising company's income statement not commonly found on the income statement of a service company. 9. If the unit price of inventory is increasing during a period, a company using the LIFO inventory method will show...

Words: 1182 - Pages: 5

Fin515 Final Exam

...Final Exam Page 1 1. (TCO A) Which of the following does NOT always increase a company's market value? (Points : 5) Increasing the expected growth rate of sales Increasing the expected operating profitability (NOPAT/Sales) Decreasing the capital requirements (Capital/Sales) Decreasing the weighted average cost of capital Increasing the expected rate of return on invested capital 2. (TCO F) Which of the following statements is correct? (Points : 5) The NPV, IRR, MIRR, and discounted payback (using a payback requirement of 3 years or less) methods always lead to the same accept/reject decisions for independent projects. For mutually exclusive projects with normal cash flows, the NPV and MIRR methods can never conflict, but their results could conflict with the discounted payback and the regular IRR methods. Multiple IRRs can exist, but not multiple MIRRs. This is one reason some people favor the MIRR over the regular IRR. If a firm uses the discounted payback method with a required payback of 4 years, then it will accept more projects than if it used a regular payback of 4 years. The percentage difference between the MIRR and the IRR is equal to the project’s WACC. 3. (TCO D) Church Inc. is presently enjoying relatively high growth because of a surge in the demand for its new product. Management expects earnings and dividends to grow at a rate of 25% for the next 4 years, after which competition will probably reduce the growth rate in earnings...

Words: 3835 - Pages: 16

Final Exam

...LDR 531 Final Exam 1) Which of the following is best defined as a consciously coordinated social unit, composed of two or more people, which functions on a relatively continuous basis to achieve a common goalor set of goals? a. party b. unitc. teamd. community e. organization 2) Over the past 2 decades, business schools have added required courses on organizationaldesign to many of their curricula. Why have they done this? a. Managers no longer need technical skills in subjects such as economics and accounting to succeed. b. There is an increased emphasis in controlling employee behavior in the workplace. c. Managers need to understand human behavior if they are to be effective. d. These skills enable managers to effectively lead human resources departments.e. A manager with good people skills can help create a pleasant workplace. 3) Robert Katz identified three essential skills that managers must have to reach their goals.What are these skills? a. technical, decisional and interpersonal b. technical, human, and conceptual c. interpersonal, informational and decisionald. conceptual, communication and networkinge. human, informational and communication 4) __________ is a field of study that investigates the effect that individuals, groups, andstructures have on behavior within organizations for the purpose of applying such knowledgetoward improving an organization ’ s effectiveness. a.   Organizational development b.   Human Resources Management c...

Words: 1139 - Pages: 5

Final Exam

...INSS 370 Final Exam Study Guide  Below is a study guide for your final exam.  There will be a combination of true/false and multiple  choice questions.  1. Who is responsible for prioritizing the product backlog?  2. What does a burn‐down chart show?  3. What are the principles outlined in the Agile Software Development Manifesto?  4. If our highest priority is to satisfy the customer through early and continuous delivery of  valuable software, in general, how can we do that?  5. In agile software processes are the highest priorities to satisfy the customer through  early and continuous delivery of valuable software?  6. What traits need to exist among the members of an agile software team?  7. In agile development is it more important to build software that meets the customers'  needs today than worry about features that might be needed in the future?  8. The ____ phase of the SDLC includes four main activities: requirements modeling, data  and process modeling, object modeling, and consideration of development strategies.  9. One of the main activities in the systems analysis phase is ____ modeling, which  involves fact‐finding to describe the current system and identification requirements for  the new system.  10. How is planning performed on projects that use Agile approaches?   11. Who should be the main judge of the business value (think of the various roles within an  agile team)?   12. How should work be allocated and who should allocate the work to the team in an...

Words: 443 - Pages: 2

Final Exam

...BCAP 106 – FINAL EXAM Student Name: __________________________________ Date:_________________________ EXERCISE 1 – MS Excel 40 Points You work at a small Orthopedics clinic as a Medical Assistant. Your manager wants you to take a day to do inventory of all medical supplies in the office. She would like to know the profit potential for their inventory based on the categories of inventory in Table 1. Table 1 contains the format of the desired report. The required formulas are shown in Table 2. Please create the table using MS Excel and incorporate the formulas requested in Table 1. Save the files as: “Your Name – Final Exam Exercise 1” Table 2 | | | FORMULAS | Formula A = Units on Hand * Average Unit Cost | Formula B = Average Unit Cost * (1 / (1-.58)) | Formula C = Units on Hand * Average Unit Price | Formula D = Total Value - Total Cost | Formula E = "SUM" of required cells | Formula F = AVERAGE function | Formula G = MIN function | Formula H = MAX function | EXERCISE 2 – MS Excel 20 Points Open the “Final Exam – Exercise 2” file. Bold, Center, Underline, and add color to the Headings in this document. Expand the cells so all of the information can be seen. Add Borders around all the cells containing information. Filter the data. Place all information in alphabetical order by Last Name. Save the file as “Your Name – Final Exam Exercise 2”. EXERCISE 3 – Test Questions 40 Points 1. The view in which all of the...

Words: 828 - Pages: 4

Final Exam

...ETH/125 Final Exam – Multiple Choice Name: _Katrina Winters___________________________ Please note: There are 56 questions. Each question is worth 2.5 points. 1. Which term is used to describe a group that is set apart from others primarily because of its national origin or distinctive cultural patterns? a. social group b. ethnic group c. racial group d. formal group 2. Members of a minority or subordinate group a. share physical or cultural characteristics that distinguish them from the dominant group. b. have less power over their lives than do members of a majority. c. acquire membership by being born into that group. d. all of these apply 3. Secession is a. the physical separation of groups of people. b. the withdrawal of a group of people from a dominant group to establish a new nation. c. the withdrawal of a subordinate group from one neighborhood to another. d. none of these 4. Which term is used by sociologists to describe a group that is set apart from others because of obvious physical differences? a. social group b. ethnic group c. racial group d. formal group 5. Which term is used to refer to a subordinate group whose members have significantly less control or power over their own lives than the members of a dominant group have over theirs? a. minority group b. majority group c. stratified group d. social group 6. Which of the following is...

Words: 1961 - Pages: 8

Final Exam

...Final Exam Review Basics B i • • Basic terminology and concepts Layered model (physical to application) Internet Layering • • • • • • • • Level 5 Level 4 Level 3 Level 2 -- Application Layer (rlogin, ftp, SMTP, POP3, IMAP, HTTP..) -- Transport Layer(a k a Host-to-Host) Layer(a.k.a Host to Host) (TCP, UDP) -- Network Layer (a.k.a. Internet) y ( ) (IP, ICMP, ARP) -- (Data) Link Layer / MAC sub-layer (a.k.a. N t ( k Network Interface or kI t f Network Access Layer) -- Physical Layer • Level 1 Final Exam Review Physical Layer • • • • Time and frequency domains. Bandwidth Band idth and data rate rate. Analog and digital transmission. Simplex, half-duplex and full-duplex transmission Final Exam Review Physical Layer ( Ph i l L (cont’d) ’d) • • • • Transmission impairments. Decibel. S/N ratio. Channel capacity. – Nyquist Nyquist. – Shannon. • Types / properties of media – Copper (UTP: Cat-3, Cat 5) Cat 3, Cat-5) – Fiber. Final Exam Review Physical Layer (cont’d) (cont d) • Data encoding – Analog-to-digital. • (Time sampling / amplitude quantization) – Digital-to-analog. • (D t reconstruction) (Data t ti ) – Transmission modes. • S Synchronous. h • Asynchronous. Final Exam Review Data Li k L D Link Layer Error Control • • Framing Error detection / correction schemes schemes. • Parity. • Hamming distance • CRC (polynomial encoding) . Final Exam Review Data Li k L D Link Layer Flow Control • Acknowledgement • Stop and Wait • PAR (P i i A k (Positive Acknowledgement with...

Words: 858 - Pages: 4

Fin 515 Fin515 Devry Midterm Exam

... visit for course http://workbank247.com/ http://workbank247.com/q/busn410-midterm-exam/458 ACC 565 ACC565 Week 5 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/acc-565-midterm-exam-latest-one-latest-questions/2576 BUS 520 BUS520 Week 5 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/bus-520-midterm-exam-latest-2015/2578 BUS 515 BUS515 Week 5 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/bus-515-week-1-to-week-11-all-discussions-assignme/7833 ACC 562 ACC562 Week 5 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/acc-562-week-5-midterm-exam/8396 ECON 312 Week 4 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/econ-312-week-4-midterm-exam/9833 BUS517 BUS 517 Week 5 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/bus-517-week-5-midterm-exam-solution-full-points-b/9853 HAS 520 HSA520 Midterm Exam Click below link for Midterm visit for course http://workbank247.com/ http://workbank247.com/q/hsa-520-midterm-exam-part-i-and-part-ii/9866 FIN 515 FIN515 Devry Midterm Exam Click below link for Midterm visit for course ......

Words: 618 - Pages: 3

Final Exam

...Name: | | Date: | | ET 1310 Final Exam 1. Electrons in the valence shell of an atom are . a. closest to the nucleus of an atom b. a completely filled shell of an atom c. a shell with more than 8 electrons d. the outermost shell of an atom 2. Intrinsic silicon _. a. has three (3) valence electrons b. has four (4) valence electrons c. has five (5) valence electrons d. is a good conductor at room temperature 3. The anode of a diode a. is the ‘N’ type material b. is the ‘P’ type material c. conducts majority carriers with a negative potential applied to it d. is represented by the long bar in the diode symbol 4. | Minorit | y current carriers are _. | | a. | electrons in the ‘P’ type material | | b.c. | electrons in the ‘N’ type materialholes in the ‘P’ type material | | d. | are located only in the depletion region | 5. A forward-biased silicon diode _. a. has negative voltage applied to the ‘P’ type material b. has approximately 0.7 V DC across the diode c. allows the full applied voltage to be measured across the diode d. blocks current from flowing in the circuit 6. When VSEC of a transformer in a half-wave rectified power supply is 12 Vp, what is the Vp of the load resistor? a. 11.0 VP b. 12 VP c. 12.4 VP d. 11.3 VP 7. Using an ohmmeter to check a diode, which of the...

Words: 1896 - Pages: 8

Final Exam~

... and indents Working with pictures and clip art  Insert a picture  Resizing the picture A slide of different colours  Using colours to mix and match for better presentation  Choosing a background Animation  Using slide transition  Using animation schemes  Customer animation i.e. adding and effect, animating text Database Microsoft Access Getting to know Access  Understanding database  Creating a new database  Creating a database structure  Refining how data is displayed  Manipulating table columns and rows Working with reports  Creating a report using wizard  Modify a report  Adding a sub report  Preview and print a report Information Systems  Organizations, Technology and Information  Data vs. Information  Logical Structure ¨ field, record data file, database and data warehouse  Relationship Databases  Information System ¨ Transaction, customer-centric, executive information systems 11 & 12 13 13 & 14 14 Assignment 2 due ASSESSMENT Tutorial: Assignment 1: Assignment 2: Final Exam: Total 10% 20% 20% 50% _____ 100% ===== BCOM 101F PAGE 4 OF 3 EXAM ELIGIBILITY 1. Students must meet all subject requirements such as: a) Complete and submit all given assignments on the set deadlines and b) Attend 80% of scheduled lectures and tutorials before exam eligibility is granted. 2. Students who do not satisfy the subject requirements may appeal to the department for permission to sit for exams. (Please refer to the department¡s notice......

Words: 1095 - Pages: 5

Final Exam

...FINAL EXAM REVIEW Know which residents make up the majority of Long-term Care facility admissions [page 1] Difference between a policy and a procedure [page 5] Policy is a course of action that should be taken every time a certain situation occurs. (Example, a very basic policy is that healthcare information must remain confidential.) Procedure is a method or way of doing something. (Example, your facility will have a procedure for reporting information about residents. The procedure explains what form to complete, when and how often to fill it out, and to whom it is given.) Scope of practice for nursing assistants, specific tasks outside of the scope of practice [page 15] The things you are allowed to do and how to do them correctly. Tasks outside the scope of practice: NAs do not administer medications unless trained and signed to do so, NAs do not honor a request to do something outside the scope of practice, not listed in the care plan, or not on the assignment sheet, NAs do not usually perform procedures that require sterile technique. NAs do not diagnose or prescribe treatments or medication, NAs do not tell the resident or the family the diagnosis or the medical treatment plan. Describe the purpose of the care plan [page 16] A care plan is created for each resident by the nurse or doctor. The care plan is a guide to help the resident reach and maintain the best level of health possible. Long-term care survey process [page1] Surveyors study how well staff...

Words: 1903 - Pages: 8

Final Exam

...Final Assignment Judy Greenfield June 9, 2012 Fred Heppding POS/110 Democracy in America Democracy in America is something that has been the topic of the news for many years. It has caused many debates among several different individuals. Democracy, like anything, has its pros and its cons as well. In the following paragraphs will be the tip of the iceberg of some things that are debatable about democracy in America. One topic in particular that has been debated is the Constitution. The Constitution was written in 1787. The Constitution is a nation’s basic laws. It creates political institutions and divides or assigns power among governments (Edwards, Wattenberg, & Lineberry, 2008). When the Constitution was written all those years ago the founding father were putting a system together to make sure that no official received to much control and go power crazy. One of the best pros to the constitution is that the power is divided among government officials. As stated in the paragraph above, this helps to keep power equal among those government officials. For example, a president is only able to serve two terms in office and the president has to be elected back in office at that. This keeps new ideas and new people in office. Where there are pros, there are always cons. One con that comes with the Constitution is it is very hard to have the Constitution amended. There have only been a handful of times that the Constitution has been...

Words: 1532 - Pages: 7