100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MBA 635 Quizzes || with 100% Verified Solutions. $11.09
Add to cart
Quickly navigate to
Preview
  2.  
  3. MBA 635
  4.  
  5. MBA 635

Exam (elaborations)

MBA 635 Quizzes || with 100% Verified Solutions.
 0 purchase
  • Course
  • MBA 635
  • Institution
  • MBA 635

b correct answers All of the following are theoretically incorrect financial goals or objectives of the firm except: a. Maximizing the size of the firm b. Maximizing the value or stockholders' wealth of the firm c. Maximizing the satisfaction of all parties to the firm to include customers, supp...

[Show more]

Preview 2 out of 8  pages

Document information

  • September 12, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • b

Written for

  • MBA 635
  • MBA 635

Seller

avatar-seller
FullyFocus

Reviews received

Content preview

MBA 635 Quizzes || with 100% Verified Solutions.
b correct answers All of the following are theoretically incorrect financial goals or objectives of
the firm except:
a. Maximizing the size of the firm
b. Maximizing the value or stockholders' wealth of the firm
c. Maximizing the satisfaction of all parties to the firm to include customers, suppliers, owners,
employees, and management
d. None of the above

c correct answers The basic financial decision areas of the firm as discussed include all of the
following except:
a. Capital Acquisition and Capital Distribution
b. Capital Acquisition and Capital Management
c. Capital Analysis and Capital Distribution
d. None of the above

d correct answers Company A has stock that is now priced at $75 per share. If the firm purchases
Company B, a competitor firm that is currently priced at $25 per share, the combination of these
two firms implies that the market price of the resulting firm should be:

a. $75 the price of the firm before the combination
b. $100 the total of the two firm's current market prices
c. A price in excess of $100 because of the increase in market share because of the combination
d. The new firm's price cannot be determined from the information provided

a correct answers Company X currently has 500,000 shares outstanding, is in the 21% tax
bracket, has Earnings Per Share of $4.00, and is currently selling for $20 per share. The firm's
total shareholder wealth can be determined as:

a. $10,000,000
b. $2,000,000
c. $2,100,000
d. None of the above

d correct answers Keynes suggested all of the following as motives for holding cash except:

a. Speculative Motive
b. Precautionary Motive
c. Transaction Motive
d. Compensating Balance Motive

d correct answers Current Assets on the Balance Sheet may include each of the following
accounts except:

a. Cash

, b. Prepaid Expenses
c. Inventory
d. None of the Above

c correct answers Common Equity as presented on the Balance Sheet may include all of the
following accounts except:

a. Retained Earnings
b. Common Stock
c. Common Dividends
d. None of the above

d correct answers The Income Statement may include all of the following items except:

a. Interest Expense
b. Depreciation Expense
c. Earnings after Tax
d. None of the above

e correct answers The future value of a $100 perpetuity providing a return of 10% is

a. $1,000
b. $3,000
c. $90.91
d. cannot be determined from the information provided
e. none of the answers provided is correct

b correct answers Consider the sale of some property where the seller agrees to accept a cash
flow stream rather than a one-time up-front payment. What was the seller's selling price if the
cash flow stream accepted, at a required return of 6% was as follows:

I________$1,000________$2,000_______$2,000_______$2,000
01234

a. $6,346.0239
b. $5,986.8150
c. $6,081.8662
d. none of the answers provided are correct

c correct answers You purchase a new motorcycle from a local dealer at a cost of $15,000. To
pay for your new vehicle you pay a deposit of $2,000 and borrow the rest from your bank at a
rate of 12% compounded monthly. If you pay the loan off in two years, your monthly payments
are

a. $706.10
b. $1,332.73

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller FullyFocus. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.09. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

69052 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$11.09
  • (0)
Add to cart
Added