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WGU C211 Global Economics for Managers (OA) Exam all Questions & answers solved accurately with Complete Solution Graded A+ latest version$12.99
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WGU C211 Global Economics for
Managers (OA) Exam Questions And
Answers
1. What does the Foreign Corrupt Practices Act forbid U.S. companies to do -
ANSWER-Prohibits U.S. firms and individuals from paying bribes to foreign officials to further
business deals.
2. What are two basic types of financial instruments - ANSWER-Stocks and Bonds
3. What are secondary markets - ANSWER-Secondary financial markets are where securities
are traded after the initial offering.
4. What do cash flows from operating activities report - ANSWER-Operating - day to day
operations Investing - Property, plant, equipment, long term items Financing - debt and equity
changes
5. What does the statement of cash flows report - ANSWER-Cash inflow and cash outflow of
business for period of time
6. Write the equation that links the income statement to the balance sheet - ANSWER-New Re=
Old RE + Net Income - dividends
7. Net income 2,000 Depreciation 500 Change in operating assets 400 Change in PPE 1,000
Change on long term liabilities 600 Dividends paid 100 What is the firm's cash flow from
financing activities - ANSWER-Increase in debt 600 + (no change in stock) 0 - (dividends paid)
100 = 500
8. Describe an income statement - ANSWER-An income statement is a financial statement that
shows you how profitable your business was over a given reporting period. It shows your
revenue, minus your expenses and losses
9. What item is included in the income statement and not included in the statement of cash
flows - ANSWER-Depreciation
10. A company sold goods in 2016 for $30,000 and collected the cash in 2017. In 2016, the
company incurred and paid $20,000 in expenses related to the goods sold. How much income
, should the company report in 2016 under the accrual basis of accounting -
ANSWER-30,000-20,000= $10,000
11. EBIT: $1,000,000 Depreciation: $30,000 Change in working capital($5,000) Net capital
expenditures: $10,000 Tax rate: 40% What is the company's free cash flow -
ANSWER-1,000,000*(1-.40) + 30,000) - (-5,000) - 10,000 = 625,000
12. Define Free Cash Flow - ANSWER-Represents the cash available for the company to repay
creditors or pay dividends and interest to investor
13. A company reported an increase in accounts payable of $4,000 during the recent period.
Half of this amount is expected to be paid next period. What is the impact on the cash flow from
operating activities - ANSWER-increase of $4000
14. An architect will receive $10,000 per year (at the end of the year) PMT for 10 years. The
annual interest earned on the investment is 6%. What is the present value of the architect's
investment - ANSWER-10,000 PMT (at the end of each year) 6 I/Y 10 N CPT PV =
-7360008705
15. An employee wants to retire 20 years from today and would like to have an annual income
of $300,000 per year for 10 years starting in exactly 20 years. The discount rate is 6%. What is
the present value, today - ANSWER-FUTURE 1000 PMT = 300,000 N = 10 I/Y = 6 CPT PV =
2,208,026.115 PRESENT FV = 2,208,026.115 N = 20 I/Y = 6 PV = 688,472,9797
16. A person won $75,000 in a lottery and invests this money for 2 years and 3 months at an
interest rate of 6% simple interest. How much will the person have in principal and interest at
the end of the period - ANSWER-10,125.000
17. A company shows the following financial data: Accounts receivable: $300 Inventory: $700
Fixed assets: $900 Accounts payable: $500 Long-term debt: $1000 What is the current ratio -
ANSWER-(300+700)/500 = 2.0
18. What is an example of an estimate used in recording transactions - ANSWER-Deciding the
salvage value of a fixed asset when calculating depreciation expense
19. Give an example of accounting difference - ANSWER-The firms use different inventory
methods
20. Which securities are issued by the U.S. federal government are taxable at the federal level -
ANSWER-Treasury bonds
21. When will annual percentage yield (APY) be greater than the annual percentage rate (APR)
- ANSWER-Compound interest more often than once a year
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