FIN 370 Week 1 Quiz | Assignment Help | University Of Phoenix
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- 02 Dec 2019
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FIN 370 Week 1 Quiz | Assignment Help | University Of Phoenix
1.
A potential future negative impact to value and/or
cash flows is often discussed in terms of probability of loss and the expected
magnitude of the loss. This is called
Multiple Choice
o
coefficient of variation.
o
options.
o
standard deviation.
o
risk. Correct
2.
Which of the following will help you make better
personal financial decisions?
Multiple Choice
o
knowing finance theory and applying
financial tools.
o
knowing finance theory
o
applying financial tools
o
auditors
3.
As individual legal entities, corporations assume
liability for their own debts, so the shareholders hold
Multiple Choice
o
joint liability.
o
shared liability.
o
only limited liability.
o
unlimited liability.
From the perspective of control, the best form of the business organization is the
Multiple Choice
o
corporation.
o
sole proprietorship.
o
S corporation.
o
partnership.
5.
Which of the following is not an impact of the
slowdown occurring in China’s economy?
Multiple Choice
o
money going out of Manhattan, New York
o
real estate market declining in Sydney,
Australia
o
falling community prices
o
lower demand in materials such as steel,
iron ore, and copper
6.
Which ratio measures the number of dollars of
operating cash available to meet each dollar of interest and other fixed
charges that the firm owes?
Multiple Choice
o
operating coverage ratio
o
cash coverage ratio
o
fixed-charge coverage ratio
o
times interest earned
7.
Which of the following measures the number of dollars
of sales produced per dollar of fixed assets?
Multiple Choice
o
fixed asset to working capital ratio
o
fixed asset management ratio
o
sales to working capital ratio
o
fixed asset turnover ratio
8.
Which of the following measures the operating return
on the firm's assets, irrespective of financial leverage and taxes?
Multiple Choice
o
basic earnings power ratio
o
return on assets
o
return on equity
o
profit margin
9.
If Apex, Inc. has an ROE = 10 percent, equity
multiplier = 3, and profit margin of 5 percent, what is the total asset
turnover ratio?
Multiple Choice
o
0.1667
o
0.0600
o
0.0667
o
0.6667
10.
The maximum growth rate that can be achieved by
financing asset growth with new debt and retained earnings is called the
Multiple Choice
o
internal growth rate.
o
retention rate.
o
operating expansion rate.
o
sustainable growth rate.