Preview

FIN 571 Final Exam Latest UOP Study Materials

Better Essays
Open Document
Open Document
1670 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
FIN 571 Final Exam Latest UOP Study Materials
FIN 571 Final Exam

Multiple Choice Question 51
You are provided the following working capital information for the Ridge Company:
Ridge Company
Account
$

Inventory
$12,890
Accounts receivable
12,800
Accounts payable
12,670

Net sales
$124,589
Cost of goods sold
99,630

Cash conversion cycle: What is the cash conversion cycle for Ridge Company?
38.3 days
46.4 days
83.5 days
129.9 days
Find the final exam answers here FIN 571 Final Exam

Multiple Choice Question 58
The cash conversion cycle begins when the firm uses its cash to purchase raw materials and ends when the firm collects cash payments on its credit sales. estimates how long it takes on average for the firm to collect its outstanding accounts receivable balance. shows how long the firm keeps its inventory before selling it. begins when the firm invests cash to purchase the raw materials that would be used to produce the goods that the firm manufactures.
Multiple Choice Question 30
Payout and retention ratio: Drekker, Inc., has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders. Find the firm's dividend payout ratio and retention ratio.
85%, 15%
55%, 45%
15%, 85%
45%, 55%
Download now FIN 571 Entire Course

Multiple Choice Question 75
Firms that achieve higher growth rates without seeking external financing are highly leveraged. none of these. have less equity and/or are able to generate high net income leading to a high ROE. have a low plowback ratio.
Multiple Choice Question 67
The strategic plan does NOT identify working capital strategies. the lines of business a firm will compete in. major areas of investment in real assets. future mergers, alliances, and divestitures.
Multiple Choice Question 41
Which of the following does maximizing shareholder wealth not usually account for?
The timing of cash flows.
Amount of Cash flows.
Risk.
Government regulation.
Multiple Choice Question 80
Which of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Fin 516 Week 1 Homework

    • 306 Words
    • 2 Pages

    3. If the company follows a residual dividend policy, and maintains its 35% Debt level in its capital structure, and invests in the $12.0 Million capital budget in 2012, what would be the Residual Dividend level (in Dollars) in 2012? What would be this Residual Dividends payout ratio?…

    • 306 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Fin 486 Final Exam

    • 1061 Words
    • 5 Pages

    b. Percent of Sales is a simple method that accepts all costs to the company is variable…

    • 1061 Words
    • 5 Pages
    Good Essays
  • Good Essays

    1. Which of the following reasons is most responsible for corporations being the most important form of business organization in the United States?…

    • 1163 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Finc2011 Major Assignment

    • 1909 Words
    • 8 Pages

    In order to figure out a more accurate growth rate, the average should be taken from 2008 to 2012.…

    • 1909 Words
    • 8 Pages
    Good Essays
  • Satisfactory Essays

    Fin370 Week Definitions

    • 487 Words
    • 2 Pages

    * Money used to make and investment. Gaining capital can allow companies to start new…

    • 487 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    JOT2 TASK 1 Raveed

    • 1219 Words
    • 2 Pages

    sales, with a small percentage kept back in order to cover operating costs for the managers of the…

    • 1219 Words
    • 2 Pages
    Better Essays
  • Better Essays

    FIN560 Midterm Study Guide

    • 1067 Words
    • 4 Pages

    1. The Midterm is open book, open notes. The maximum time you can spend in the exam is 2 hours and 30 minutes. If you have not clicked the Submit for Grading 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.…

    • 1067 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    This document of FIN 571 Study Guide 571 Final includes answers to the next questions:…

    • 395 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    FIN644 Syllabus Fall 2014 1

    • 2290 Words
    • 10 Pages

    Mishkin, Frederic, Economics of Money, Banking, and Financial Markets; Business School Edition; 3rd ed., Pearson, 2013. ISBN: 0132961970…

    • 2290 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    For the final, and drawing upon past experience, most students do well on computational problems tied to multiple choice, or multiple choice. In 20 years of teaching, I have also discovered that students struggle on conceptual problems, bringing together two (2) to three (3) concepts, in one problem, which is an introduction to life. If I were taking the exam I would first make sure I knew exactly what the question was asking, because during tutoring seldom do I find a student doing this, which should be basic. I find too many students are looking for a formula while reading the question. In fact last year, during tutoring, a student asked 4 times for the formula while I was reading the question, which was “given these conditions what is the face value of the bond.” (hopefully we all know it is $1,000)…

    • 401 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Accounting Cycle Paper

    • 651 Words
    • 3 Pages

    is the start of our accounting processes include the sale or return of a product, the purchase of supplies for business activities, or any other financial activity that involves…

    • 651 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The current major laws related to computer crime and issues related to the enforcement of these laws.…

    • 336 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    chapter 18 mgtconsultancy

    • 790 Words
    • 4 Pages

    MANAGEMENT CONSULTANCY - Solutions Manual CHAPTER 18 LONG-TERM FINANCING DECISIONS I. Questions 1. Both operating and financial leverage imply that the firm will employ a heavy component of fixed cost resources. This is inherently risky because the obligation to make payments remains regardless of the condition of the company or the economy.…

    • 790 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Finance Work

    • 281 Words
    • 2 Pages

    What is the implied interest rate yield on a Treasury Bond ($100,000) futures contract that settled at 100’24 (or 100 24/32)? If interest rates increased by 0.75%, what would be the contract’s new…

    • 281 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    In this concept of working capital, we make the operating cycle. In this cycle, we calculate inventory conversion period. To know this, we can estimate when we need cash for buying our inventory. We also calculate debtor or receivable conversion period. To know this, we can estimate when we receive cash from our debtors.…

    • 3186 Words
    • 13 Pages
    Better Essays

Related Topics