Finance

Chapter 07 Interest Rates and Bond Valuation Answer Key Multiple Choice Questions 1. Mary just purchased a bond which pays $60 a year in interest. What is this $60 called? A. coupon B. face value C. discount D. call premium E. yield Refer to section 7.1 AACSB: N/A Bloom's: Knowledge Difficulty: Basic Learning Objective: 7-1 Section: 7.1 Topic: Coupon 2. Bert owns a bond that will pay him $75 each year in interest plus a $1,000 principal payment at maturity. What is the $1,000 ca...

Chapter 04 Long-Term Financial Planning and Growth Answer Key Multiple Choice Questions 1. Phil is working on a financial plan for the next three years. This time period is referred to as which one of the following? A. financial range B. planning horizon C. planning agenda D. short-run E. current financing period Refer to section 4.1 AACSB: N/A Difficulty: Basic Learning Objective: 4-1 Section: 4.1 Topic: Planning horizon 2. Atlas Industries combines the smaller investment proposa...

Chapter 03 Working with Financial Statements Answer Key Multiple Choice Questions 1. Activities of a firm which require the spending of cash are known as: A. sources of cash. B. uses of cash. C. cash collections. D. cash receipts. E. cash on hand. Refer to section 3.1 AACSB: N/A Difficulty: Basic Learning Objective: 3-1 Section: 3.1 Topic: Uses of cash 2. The sources and uses of cash over a stated period of time are reflected on the: A. income statement. B. balance sheet. C. tax...

Chapter 02 Financial Statements, Taxes, and Cash Flow Answer Key Multiple Choice Questions 1. Which one of the following is the financial statement that shows the accounting value of a firm's equity as of a particular date? A. income statement B. creditor's statement C. balance sheet D. statement of cash flows E. dividend statement Refer to section 2.1 AACSB: N/A Bloom's: Knowledge Difficulty: Basic Learning Objective: 2-1 Section: 2.1 Topic: Balance sheet 2. Net working capit...