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FINANCE MBA WGU 2024 VERIFIED QUESTIONS AND ANSWERS
What is the par value (face value) of a bond? - CORRECT ANSWER The sum of money that the corporation promises to pay upon expiration of the bond Which statement is true about fluctuations in bond prices? - CORRECT ANSWER When market interest rates fluctuate, the bond coupon rate is unchanged. A bond that matures in 30 months is sold at a premium. What is the yield to maturity (YTM)? - CORRECT ANSWER Lower than the coupon rate Under which circumstances will annua...
- Exam (elaborations)
- • 5 pages •
What is the par value (face value) of a bond? - CORRECT ANSWER The sum of money that the corporation promises to pay upon expiration of the bond Which statement is true about fluctuations in bond prices? - CORRECT ANSWER When market interest rates fluctuate, the bond coupon rate is unchanged. A bond that matures in 30 months is sold at a premium. What is the yield to maturity (YTM)? - CORRECT ANSWER Lower than the coupon rate Under which circumstances will annua...
WGU C708 PRINCIPLES OF FINANCE (C708) 2024 VERIFIED QUESTIONS AND ANSWERS
Matching Principle - CORRECT ANSWER The revenues and the expected incurred to generate those revenues must be reported together; a fundamental component of accrual-based accounting. Historical Cost Principle - CORRECT ANSWER Items that appear on the financial statement are listed at the cost when purchased. Current Assets - CORRECT ANSWER Cash or assets that will be converted into cash within the next year. Gross Fixed Assets - CORRECT ANSWER Property, Pla...
- Exam (elaborations)
- • 16 pages •
Matching Principle - CORRECT ANSWER The revenues and the expected incurred to generate those revenues must be reported together; a fundamental component of accrual-based accounting. Historical Cost Principle - CORRECT ANSWER Items that appear on the financial statement are listed at the cost when purchased. Current Assets - CORRECT ANSWER Cash or assets that will be converted into cash within the next year. Gross Fixed Assets - CORRECT ANSWER Property, Pla...
WGU C708 PRINCIPLES OF FINANCE 2024 VERIFIED QUESTIONS AND ANSWERS
1. The credit manager for a company is responsible for setting the company's credit policy regarding availability and limits for customers. What is one of the additional responsibilities of this credit manager? A. Purchasing insurance B. Collecting past-due accounts C. Monitoring accounts payable D. Investing excess cash - CORRECT ANSWER B. Collecting past-due accounts 2. Which activity is financial management responsible for? A. Researching different products to bring...
- Exam (elaborations)
- • 41 pages •
1. The credit manager for a company is responsible for setting the company's credit policy regarding availability and limits for customers. What is one of the additional responsibilities of this credit manager? A. Purchasing insurance B. Collecting past-due accounts C. Monitoring accounts payable D. Investing excess cash - CORRECT ANSWER B. Collecting past-due accounts 2. Which activity is financial management responsible for? A. Researching different products to bring...
WGU- C708 PRE-ASSESSMENT PRINCIPLES OF FINANCE 2024 VERIFIED QUESTIONS AND ANSWERS
Corporations establish goals in areas including finance, diversity, and social responsibility. Match the corporate goal with the area that it addresses. Answer options may be used more than once or not at all. Select your answers from the pull-down list. Environmental goal Diversity goal Financial goal Financial goal - CORRECT ANSWER Environmental goal-Create zero waste Diversity goal-Promote women and minorities Financial goal-Make a profitable investment for the company ...
- Exam (elaborations)
- • 55 pages •
Corporations establish goals in areas including finance, diversity, and social responsibility. Match the corporate goal with the area that it addresses. Answer options may be used more than once or not at all. Select your answers from the pull-down list. Environmental goal Diversity goal Financial goal Financial goal - CORRECT ANSWER Environmental goal-Create zero waste Diversity goal-Promote women and minorities Financial goal-Make a profitable investment for the company ...
WGU PRINCIPLES OF FINANCE C708 PRE-ASSESSMENT 2024 VERIFIED QUESTIONS AND ANSWERS
A company has fixed assets of $509 million, total equity of $218 million, current liabilities of $128 million, and long-term debt of $390 million. What is the total for the company's current assets? a.) $262 million b.) $119 million c.) $128 million d.) $227 million - CORRECT ANSWER $227 million A company has just reported sales of $557 million, costs of goods sold of $150 million, depreciation of $190 million and interest expense of $40.2 million. What is the company's net ...
- Exam (elaborations)
- • 35 pages •
A company has fixed assets of $509 million, total equity of $218 million, current liabilities of $128 million, and long-term debt of $390 million. What is the total for the company's current assets? a.) $262 million b.) $119 million c.) $128 million d.) $227 million - CORRECT ANSWER $227 million A company has just reported sales of $557 million, costs of goods sold of $150 million, depreciation of $190 million and interest expense of $40.2 million. What is the company's net ...
WGU C214 FINANCE MANAGEMENT PVCC 2024 VERIFIED QUESTIONS AND ANSWERS
How can a private firm appropriately maximize shareholder value? - CORRECT ANSWER By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - CORRECT ANSWER Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - CORRECT ANSWER Bonds Which two effects does the unbun...
- Exam (elaborations)
- • 16 pages •
How can a private firm appropriately maximize shareholder value? - CORRECT ANSWER By making decisions that keep the control of the business with the owners Why are American regulators focused on international investing in a global marketplace? - CORRECT ANSWER Because international investing in a global marketplace is the concern of American investors What is one of the two basic types of financial instruments? - CORRECT ANSWER Bonds Which two effects does the unbun...
WGU D076 PRINCIPLES OF FINANCE 2024 VERIFIED QUESTIONS AND ANSWERS
In which way is accounting different from finance? - CORRECT ANSWER Accounting is backward looking, while finance is focused on the future. What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? - CORRECT ANSWER Will the benefits of the action outweigh the costs? A financial manager at a company is trying to determine whether to issue new stocks or new bonds to cover the costs of a project the company is doin...
- Exam (elaborations)
- • 38 pages •
In which way is accounting different from finance? - CORRECT ANSWER Accounting is backward looking, while finance is focused on the future. What is the main question that both individuals and companies must consider when making financial decisions to reach a goal? - CORRECT ANSWER Will the benefits of the action outweigh the costs? A financial manager at a company is trying to determine whether to issue new stocks or new bonds to cover the costs of a project the company is doin...
PERSONAL FINANCE EXAM 2024 VERIFIED QUESTIONS AND ANSWERS
Nathan has 300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his employer offers direct deposit. Which checking account should he use? - CORRECT ANSWER Account D Minimum balance 100 Interest 0.1% Overdraft no Atm fees none Monthly fee 5-0 with direct Carlos wrote a check for 4.92 to pay his gas bill. He'll use the check register to record his transaction. What will be his new balance? - CORRECT ANSWER 370.09 ...
- Exam (elaborations)
- • 9 pages •
Nathan has 300 to open a checking account. He wants an account with the lowest fees. He plans on using the ATM machine, and his employer offers direct deposit. Which checking account should he use? - CORRECT ANSWER Account D Minimum balance 100 Interest 0.1% Overdraft no Atm fees none Monthly fee 5-0 with direct Carlos wrote a check for 4.92 to pay his gas bill. He'll use the check register to record his transaction. What will be his new balance? - CORRECT ANSWER 370.09 ...
FINAL EXAM FINANCE 2024 VERIFIED QUESTIONS AND ANSWERS
Problem 4-8 Compounding with Different Interest Rates (LG3) A deposit of $750 earns interest rates of 9 percent in the first year and 12 percent in the second year. What would be the second year future value? - CORRECT ANSWER FV = PV × (1 + i) (1 + j) FV = $750 × (1 + 0.09) (1 + 0.12) = $750 × 1.09 × 1.12 = $915.60 Problem 4-11 Present Value (LG4) What is the present value of a $1,500 payment made in six years when the discount rate is 8 percent? - CORRECT ANSWER PV =...
- Exam (elaborations)
- • 8 pages •
Problem 4-8 Compounding with Different Interest Rates (LG3) A deposit of $750 earns interest rates of 9 percent in the first year and 12 percent in the second year. What would be the second year future value? - CORRECT ANSWER FV = PV × (1 + i) (1 + j) FV = $750 × (1 + 0.09) (1 + 0.12) = $750 × 1.09 × 1.12 = $915.60 Problem 4-11 Present Value (LG4) What is the present value of a $1,500 payment made in six years when the discount rate is 8 percent? - CORRECT ANSWER PV =...
WARRANTY SERVICE AUTHORIZATION RWST016 2024 VERIFIED QUESTIONS AND ANSWERS
WARRANTY SERVICE AUTHORIZATION RWST016 2024 VERIFIED QUESTIONS AND ANSWERS WARRANTY SERVICE AUTHORIZATION RWST016 2024 VERIFIED QUESTIONS AND ANSWERS
- Exam (elaborations)
- • 30 pages •
WARRANTY SERVICE AUTHORIZATION RWST016 2024 VERIFIED QUESTIONS AND ANSWERS WARRANTY SERVICE AUTHORIZATION RWST016 2024 VERIFIED QUESTIONS AND ANSWERS
ESSENTIALS OF FIRE FIGHTING 7TH EDITION CHAPTER 1 TEST 2024 QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED AND VERIFIED
A-Level Edexcel Mathematics Pure Maths Paper 1 Mark scheme 2023
A-Level Edexcel Mathematics Pure Maths Paper 1 2023
A-Level Edexcel Mathematics Statistics Markscheme 2023
A-Level Edexcel Mathematics Mechanics 2023