fundamentals of corporate finance sixth edition alternate edition

... Chief Executive Officer of a corporation is responsible for declaring dividends D The Chief Financial Officer of a corporation determines the amount of dividend to be paid E Corporate shareholders ... the form of a bid-ask spread 49 Which one of the following transactions occurs in the primary market? A purchase of 500 shares of GE stock from a current shareholder B gift of 100 shares of stock ... fixed period of time, cease paying dividends for a period of time, and then commence paying increasing dividends for an indefinite period of time 36 Which one of the following sets of dividend

Ngày tải lên: 17/01/2018, 14:23

... unit of $13.10, fixed costs of $74,000, depreciation of $12,500, variable costs per unit of $22, and a financial break-even point of 11,360 units What is the operating cash flow at this level of ... interest and taxes of $14,600, fixed costs of $52,000, a selling price of $29 a unit, and a sales quantity of 16,000 units All estimates are accurate within a plus/minus range of percent Depreciation ... average variable cost of materials only B average cost of all variable inputs C sensitivity value of the variable costs D marginal cost of materials only E marginal cost of all variable inputs

Ngày tải lên: 17/01/2018, 14:23

... of stock in Global Trading at a price of $38.70 a share The stock pays a quarterly dividend of $0.15 a share Today, you sold all of your shares for $40.10 per share What is the total amount of ... an expected rate of return of 13 percent and a standard deviation of 21 percent Which one of the following best describes the probability that this stock will lose at least half of its value in ... percent E The average real rate of return was zero 24 Which one of the following is a correct ranking of securities based on their volatility over the period of 1926-2007? Rank from highest to

Ngày tải lên: 17/01/2018, 14:23

... pre-tax cost of debt of 7.6 percent, a cost of equity of 14.3 percent, and a cost of preferred stock of 8.5 percent The firm has 220,000 shares of common stock outstanding at a market price of $27 ... associated with each form of financing D one-half of the flotation cost of debt plus one-half of the flotation cost of equity E a weighted average based on the book values of the firm's debt and ... a beta of 0.87 and a cost of equity of 11.9 percent The risk-free rate of return is 2.8 percent The firm is currently considering a project that has a beta of 1.03 and a project life of years

Ngày tải lên: 17/01/2018, 14:23

... some of these shares prior to the shares being offered to the general public What is this type of an offer called? A best efforts offer B firm commitment offer C general cash offer D rights offer ... incorporate and offer shares of stock to the general public What is this type of an equity offering called? A venture capital offering B shelf offering C private placement D seasoned equity offering ... of attorneys providing services for an IPO C block of investors who control a firm D a bank that loans funds to finance the start-up of a new firm E a group of underwriters sharing the risk of

Ngày tải lên: 17/01/2018, 14:23

... value of equity of $10,665 Currently, the firm has excess cash of $640, total assets of $22,400, net income of $3,210, and 500 shares of stock outstanding Tucker's is going to use all of its ... cash of $1,332, other assets of $11,674, and equity of $7,200 The firm has 600 shares of stock outstanding and net income of $838 Blasco's has decided to spend one-third of its excess cash on a share ... at a market price per share of $27 Currently, the firm has excess cash of $400, total assets of $28,900, and net income of $1,320 The firm has decided to pay out all of its excess cash as a cash

Ngày tải lên: 17/01/2018, 14:23

... percent of sales in the month of sale, 60 percent of sales in the month following the month of sale, and 15 percent of sales in the second month following the month of sale During the month of April, ... Interiors, Inc., has sales of $836,000 and cost of goods sold of $601,000 The firm had a beginning inventory of $41,000 and an ending inventory of $47,000 What is the length of the inventory period? ... April, the firm will collect: A 60 percent of February sales B 15 percent of April sales C 60 percent of March sales D 15 percent of March sales E 25 percent of February sales 48 A manufacturing firm

Ngày tải lên: 17/01/2018, 14:23

... status of the net float? A net collection float of $8,138 B net collection float of $2,043 C net collection float of $13,450 D net disbursement float of $3,268 E net disbursement float of $5,311 ... net float? A net collection float of $1,180 B net collection float of $2,480 C net float of $6,731 D net disbursement float of $1,300 E net disbursement float of $2,480 50 A firm has $16,718 in ... limit of $45,000 The standard deviation of your disbursements is $12,100 The applicable interest rate is 4.5 percent and the fixed cost of transferring funds is $55 What is your opportunity cost of

Ngày tải lên: 17/01/2018, 14:23

... $1.6104 How much profit or loss would you now have if you had converted £100 into dollars last week? A loss of ₤1.57 B loss of ₤0.39 C loss of ₤0.07 D profit of ₤0.02 E profit of ₤1.59 60 Today, ... any high degree of accuracy especially over long periods of time In addition, most countries manage the value of their currencies to some extent which adds a significant amount of noise to the ... guarantee of a future spot rate at one point in time C condition where the spot rate is expected to remain constant over a period of time D relationship between the future spot rate of two currencies

Ngày tải lên: 17/01/2018, 14:23

... to this situation? A corporate ethics B financial statement analysis C managerial finance D debt management E behavioral finance Peter has successfully managed the finances of A.D Leadbetter in ... share of $12 At which one of the following market prices would you know with absolute certainty that the stock was mispriced? A $7 B $8 C $10 D $12 E $13 38 Which of the following have been offered ... outperform professional money managers 42 Which of the following statements are correct? I Many professional fund managers are paid well but fail to outperform as expected II Professional fund

Ngày tải lên: 17/01/2018, 14:23

... A loss of $27,225 B loss of $7,050 C loss of $3,025 D profit of $3,025 E profit of $27,225 70 Suppose you purchase the November call option on orange juice futures with a strike price of 150 ... per lb A loss of $2,107.50 B loss of $1,717.50 C no profit or loss D profit of $1,717.50 E profit of $2,107.50 71 Suppose a financial manager buys call options on 45,000 barrels of oil with an ... 47 Which one of the following statements concerning option payoffs is correct? A The buyer of a call profits when the exercise price exceeds the market price B The buyer of a call profits when

Ngày tải lên: 17/01/2018, 14:23

... sales h Return on assets is a measure of bottom-line profit per dollar of total assets i Return on equity is a measure of bottom-line profit per dollar of equity j Price-earnings ratio reflects ... the corporate form of ownership, the shareholders are the owners of the firm The shareholders elect the directors of the corporation, who in turn appoint the firm’s management This separation of ... measure of the short-term liquidity of the firm, after removing the effects of inventory, generally the least liquid of the firm’s current assets b Cash ratio represents the ability of the firm...

Ngày tải lên: 01/07/2014, 14:22

... First Edition Ross, Westerfield, and Jordan Essentials of Corporate Finance Fifth Edition Ross, Westerfield, and Jordan Fundamentals of Corporate Finance Eighth Edition Shefrin Behavioral Corporate ... Marcus Fundamentals of Corporate Finance Fifth Edition Brooks FinGame Online 4.0 Bruner Case Studies in Finance: Managing for Corporate Value Creation Fifth Edition Chew The New Corporate Finance: ... Edition Kapoor, Dlabay, and Hughes Personal Finance Eighth Edition 2/9/07 6:01:59 PM Standard Edition Eighth Edition FUNDAMENTALS OF CORPORATE FINANCE Stephen A Ross Massachusetts Institute of...

Ngày tải lên: 10/09/2017, 08:11

... proportionate ownership, 540 of value, 540–542 dribble method of, 543–544 general cash offer, 517 initial public offering See Initial public offering (IPO) letter of comment, 516 long-term debt, ... rights offer See Rights offer(ing) seasoned equity offering, 519 SEC and, 516–517 shelf registration, 543–544 small issue exemption, 516 summary of methods of, 519 tombstone, 517 example of, 518 ... (ESO), 454–456 backdating of, 455 Lie on, 456 features of, 454–455 repricing of, 455 Enron, 10, 496, 568 Equity as a call option on the firm’s assets, 456–459 cost of See Cost of equity debt versus,...

Ngày tải lên: 10/09/2017, 08:15

... A has a profit margin of 2.0%, an asset turnover of 1.7 and an equity multiplier of 4.9 Manufacturer B has a profit margin of 2.3%, an asset turnover of 1.1 and an equity multiplier of 4.7 How ... assets Total assets 14 Firm A: Total sales Cost of sales Gross Profit Firm B: Total sales Cost of sales Gross Profit 12 -5 12 -7 Above are portions of the balance sheet and income statement for ... “bottom” line of the income statement C) a measure of the firm's profitability over a given period D) all of the above Answer: D Diff: Skill: Conceptual Author: DS Question Status: Previous Edition...

Ngày tải lên: 27/10/2017, 09:24

... A has a profit margin of 2.2%, an asset turnover of 1.7 and an equity multiplier of 5.0 Manufacturer B has a profit margin of 2.5%, an asset turnover of 1.2 and an equity multiplier of 4.7 How ... Total sales Cost of sales Gross Profit 10 14 Firm B: Assets Current assets Fixed assets Total assets 7 14 12 -5 Firm B: Total sales Cost of sales Gross Profit 12 -7 Above are portions of the balance ... Company A has current assets of $42 billion and current liabilities of $41 billion Company B has current assets of $2.7 billion and current liabilities of $1.8 billion Which of the following statements...

Ngày tải lên: 27/10/2017, 09:24

... Sons, Inc 2-4 Fundamentals of Corporate Finance 3e Test Bank Format: True/False Learning Objective: LO Level of Difficulty: Medium Bloomcode: Comprehension AACSB: Analytic IMA: Corporate Finance AICPA: ... Sons, Inc 2-5 Fundamentals of Corporate Finance 3e Test Bank Format: True/False Learning Objective: LO Level of Difficulty: Medium Bloomcode: Comprehension AACSB: Analytic IMA: Corporate Finance AICPA: ... Sons, Inc 2-6 Fundamentals of Corporate Finance 3e Test Bank Format: True/False Learning Objective: LO Level of Difficulty: Easy Bloomcode: Knowledge AACSB: Analytic IMA: Corporate Finance AICPA:...

Ngày tải lên: 27/10/2017, 09:24

... corporate bonds of similar risk offer 8% rates of return B corporate bonds of similar risk offer 10% rates of return C top-quality corporate bonds offer 10% rates of return D the expected rate of return ... D All of these 79 A capital investment that generates a 10% rate of return is worthwhile if: A corporate bonds of similar risk offer 8% rates of return B corporate bonds of similar risk offer ... markets is the: A riskiness of the securities B price of the securities C previous issuance of the securities D profitability of the issuing corporation 52 Which of the following are both a financial...

Ngày tải lên: 27/10/2017, 09:24

... consent of McGraw-Hill Education 77 A capital investment that generates a 10% rate of return is worthwhile if: A corporate bonds of similar risk offer 8% rates of return B corporate bonds of similar ... risk offer 11% rates of return C top-quality corporate bonds offer 10% rates of return D the expected rate of return on the stock market is 12% 78 The cost of capital: A is the expected rate of ... markets is the: A riskiness of the securities B price of the securities C previous issuance of the securities D profitability of the issuing corporation 38 Which of the following are both a financial...

Ngày tải lên: 27/10/2017, 09:24