STUDENT’S NAME______________Jill Riester____89.97%_______________ CHAPTER 7 QUIZ Indicate whether the following statements are true or false. (3.35 points each). For any false statement‚ indicate why it is false. (3.33 points) __T___ 1. A direct cause-and-effect relationship exists between the revenues and expenses of an Internal Service Fund. _____________________________________________________________________________________ ___F__ 2. Internal Service Funds are used to account for activities
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of planning and managing a firm’s long-term investments is called: A. B. C. D. E. working capital management. financial depreciation. agency cost analysis. capital budgeting. capital structure. 4. The mixture of debt and equity used by a firm to finance its operations is called: A. B. C. D. E. working capital management. financial depreciation. cost analysis. capital budgeting. capital structure. 5. The management of a firm’s short-term assets and liabilities is called: A. B. C. D. E. working capital
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Chapter 4 29. Annuity Present Values What is the value today of a 15-year annuity that pays $500 a year?The annuity’s first payment occurs at the end of year 6. The annual interest rate is 12 percentfor years 1 through 5‚ and 15 percent thereafter. (Ross‚ Stephen A.. Corporate Finance‚ 8th Edition. Irwin/McGraw-Hill‚ 112006. 4.8). 33. Growing Annuity Southern California Publishing Company is trying to decide whether to revise its popular textbook‚ Financial Psychoanalysis Made Simple. The company
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In this chapter we will study that how more than one factor which is associated with expected return‚ are evaluated on capital asset pricing model. We have described earlier that beta specifies the inclination level or slope of characteristic line and this is denoted by βj. Extended capital asset pricing model evaluates many factors other than beta‚ to calculate the expected return of a security. We can add or include some other factors to the equation of expected return of a security‚ to gain more
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Chapter 7 1. According to Karl Marx social class depends on a factor of a person’s relationship to the means of production. He distinguished two classes: owner of the means of production (bourgeoisie) and a worker who works on these factories‚ tools and land‚ proletariat. Marx believed that person’s life is shaped only with regard of what he owns and what he works on. Max Weber believed that social class is made up of three elements: property‚ power and prestige. According to Weber‚ property is
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Chapter 7 Definition of Internal Control – the process implemented to provide reasonable assurance that the following control objectives are achieved: safeguard assets‚ maintain detailed records‚ provide accurance and reliable info‚ prepare financial reports in accordance w/established criteria‚ promote operational efficiency‚ encourage adherence to prescribed managerial policies‚ comply w/ applicable laws Preventive controls – deter problems before they arise. Examples: hire qualified personnel
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Department of Finance‚ HKUST Spring 2013 Email: Xuewenliu@ust.hk Office hour: 13:30-14:30 Tuesday Assessment: Assignments (12%)‚ Midterm-exam (18%)‚ Projects and presentations (15%)‚ and Final exam (55%) Textbooks: 1. Corporate Finance‚ by J. Beck and P. DeMarzo‚ 2nd edition 2011‚ Pearson Education‚ Inc. Hereafter BD. 2. Financial Markets and Corporate Strategy‚ by M. Grinblatt and S. Titman‚ 2nd edition‚ 2002‚ Irwin McGraw Hill. Hereafter GT. I. Introduction to Corporate Finance 1. Corporations
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before the latter performs due diligence procedures‚ adding a provision to the contract under which the price will be revised based on the findings of this audit. e. Or that no audit be performed before‚ during or after the disposal? Why? 7- Given the pronounced differences between the Roberto and Chez Léon chains and the difficulty of finding a buyer prepared to acquire both businesses‚ would it be preferable to arrange a sale by compartment or as one block‚ leaving the buyers to form
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E-Business Ch. 6 – 10 Assignments Chapter 6 Questions 1) Is growth of the internet‚ in terms of users‚ expected to continue indefinitely? What will cause it to slow if anything? Internet growth is now currently slowing. This is because of computer costs. Unless the price of computers drop significantly the internet growth rate will continue to decline 3) Would you say that the Internet fosters or impedes social activity? Explain your position. I would say both. The Internet probably both
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Chapter 7 intermediate 1 points Save Remington Corporation had accounts receivable of $100‚000 at 1/1. The only transactions affecting accounts receivable were sales of $600‚000 and cash collections of $550‚000. The accounts receivable turnover is A. 4.0. B. 4.8. C. 4.4. D. 6.0. 1 points Save The percentage-of-receivables approach of estimating uncollectible accounts emphasizes matching over valuation of accounts receivable. True False 1 points
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