Chapter 16 Payout Policy Multiple Choice Questions 1. Firms can pay out cash to their shareholders in the following ways: (I) Dividends (II) Share repurchases (III) Interest payments A) I only B) II only C) III only D) I and II only Answer: D Type: Easy Page: 415 2. Dividends are decided by: (I) The managers of a firm (II) The government (III) The board of directors A) I only B) II only C) III only D) I and II only Answer: C Type: Easy Page: 416 3. Which of the following dividends is never
Premium Dividend
ch1 Student: ____________________________________________________________ ___________________________ Multiple Choice Questions 1. The person generally directly responsible for overseeing the tax management‚ cost accounting‚ financial accounting‚ and information system functions is the: A. B. C. D. E. treasurer. director. controller. chairman of the board. chief executive officer. 2. The person generally directly responsible for overseeing the cash and credit functions‚ financial planning‚ and
Premium Corporation Types of business entity Types of companies
Chapter 1 Multiple-Choice Questions |1. |Recording‚ classifying‚ and summarizing economic events in a logical manner for the purpose of providing financial | |easy |information for decision making is commonly called: | |c |a. finance. | |
Premium Auditing Financial audit Internal control
Chapter 9 Multiple Choice Identify the choice that best completes the statement or answers the question. _e___ 1. Schalheim Sisters Inc. has always paid out all of its earnings as dividends; hence‚ the firm has no retained earnings. This same situation is expected to persist in the future. The company uses the CAPM to calculate its cost of equity‚ and its target capital structure consists of common stock‚ preferred stock‚ and debt. Which of the following events would REDUCE its WACC? a. The
Premium Corporate finance Internal rate of return Net present value
[pic] School of Management Studies Finance Advanced Topics [BUS4083W] Corporate Finance Test 23 September 2010 Time Allocation: 120 minutes Total Mark Allocation: 90 marks Case Study: Anglo American On the 20th of February 2009‚ Anglo American announced that it would cut 11% of its work force and suspend its share buyback and dividend in the face of a poor economic outlook marked by "unprecedented" uncertainty. The miner said it was reducing its headcount by
Premium Rio Tinto Group BHP Billiton
Chapter 1 1. What is the name of the superstore which exists in South Africa and other countries and is considered to be the next Wal-Mart? a. South-Mart b. African-Store c. World-Mart d. Shoprite Answer: D Factual‚ International Business‚ p. 5 2. Companies are no longer limited by their domestic boundaries and may conduct any business activity anywhere in the world; these companies are more likely to compete anywhere because of a. Technology
Free Globalization Multinational corporation International trade
Introduction to Corporate Finance 1. Two Questions: what investments should the corporation make and how should it pay for those investments? a. Investment decisions involve spending money and financing decisions involving raising money b. Concepts govern good financial decisions c. Financial managers value the shareholders’ investment opportunities outside their company because of the opportunity cost of capital contributed by shareholders d. All managers and employees need to pull together
Premium Investment Corporate finance Finance
Answers Chapter 1 Introduction Solutions to questions 1. Finance involves three main areas—corporate finance‚ financial institutions and markets‚ and investments—that are closely related and complementary. For example‚ in corporate finance the central issues are how to acquire and employ or invest funds. To acquire funds a financial manager must deal with financial institutions‚ so some knowledge of the operations of financial institutions and markets is essential. Similarly‚ corporate finance involves
Premium Finance Investment Inflation
Fundamentals of Multinational Finance‚ 3e (Moffett) Chapter 1 Globalization and the Multinational Enterprise 1.1 Multiple Choice and True/False Questions 1) Which of the following are critical to a firm trying to reach the top of the "firm value pyramid"? A) an open market place B) high quality strategic management C) access to capital D) all of the above Answer: A Topic: Firm Value Skill: Conceptual 2) A
Premium International trade International economics Comparative advantage
Corporate Finance: An Introduction (Welch) Chapter 1 Introduction 1.1 The Goal of Finance: Relative Valuation 1) Which of the following statements is true? A) In finance‚ it is important to determine an asset ’s absolute value. B) The relative value of any asset is‚ at best‚ a lucky guess. C) The true value of an asset is unaffected by externalities such as interest rate levels‚ the state of the economy‚ etc. D) Valuation is not an exact science
Premium Cash flow Costs Corporate finance