fundamentals of corporate finance sixth edition alternate edition

... 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

... APPENDIX A Mathematical Tables TABLE A.3 Present value of an annuity of $1 per period for t periods ϭ [1 Ϫ 1͞(1 ϩ r) t ]͞r Interest Rate Number of Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 0.9901 0.9804 ... APPENDIX A Mathematical Tables TABLE A.4 Future value of an annuity of $1 per period for t periods ϭ [(1 ϩ r) t Ϫ 1]͞r Interest Rate Number of Periods 1% 2% 3% 4% 5% 1.0000 1.0000 1.0000 1.0000 ... A-2 APPENDIX A Mathematical Tables TABLE A.1 Future value of $1 at the end of t periods ϭ (1 ϩ r)t Interest Rate Period 1% 2% 3% 4% 5% 6% 7% 1.0100 1.0200 1.0300...

Ngày tải lên: 10/09/2017, 08:11

... rate of return (IRR): IRR ϭ Discount rate of required return such that the net present value of an investment is zero Profitability index: PV of cash flows Profitability index ϭ Cost of ... of new shares Funds to be raised ϭ _ [16.1] Subscription price b Number of rights needed: Number of rights needed to buy a share of stock Old shares ϭ [16.2] New shares c Value of ... The size of receivables: Accounts receivable ϭ Average daily sales ϫ ACP NPV of switching credit terms: a Present value of switching: PV ϭ [(P Ϫ v)(QЈ Ϫ Q)]͞R b Cost of switching: Cost of switching...

Ngày tải lên: 10/09/2017, 08:11

... 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

... amount of debt incurred C less debt a firm has per dollar of total assets D higher the number of outstanding shares of stock E lower the balance in accounts payable 25 The book value of a firm ... in the market value of a firm but are excluded from the firm's book value? I value of management skills II value of a copyright III value of the firm's reputation IV value of employee's experience ... amount of the total liabilities? A $2,050 B $2,690 C $4,130 D $5,590 E $5,860 48 A firm has common stock of $6,200, paid-in surplus of $9,100, total liabilities of $8,400, current assets of $5,900,...

Ngày tải lên: 27/10/2017, 09:25

... amount of debt incurred C Less debt a firm has per dollar of total assets D Higher is the number of outstanding shares of stock E Lower is the balance in accounts payable 25 The book value of a ... the market value of a firm but is (are) excluded from the firm's book value? I Value of management skills II Value of a copyright III Value of the firm's reputation IV Value of employee's experience ... amount of the total liabilities? A $2,050 B $2,920 C $4,130 D $7,950 E $6,890 47 A firm has common stock of $6,200, paid-in surplus of $9,100, total liabilities of $8,400, current assets of $5,900,...

Ngày tải lên: 27/10/2017, 09:25

... 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 ... 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 $31 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, 09:25

... controller of a corporation generally reports directly to the: A board of directors B chairman of the board C chief executive officer D president E vice president of finance 13 Which one of the following ... 8 Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? A articles of incorporation B corporate breakdown ... defines the upward chain of command in a typical corporate organizational structure? A The vice president of finance reports to the chairman of the board B The chief executive officer reports to president...

Ngày tải lên: 17/01/2018, 14:23

... amount of debt incurred C less debt a firm has per dollar of total assets D higher the number of outstanding shares of stock E lower the balance in accounts payable 25 The book value of a firm ... amount of the total liabilities? A $2,050 B $2,690 C $4,130 D $5,590 E $5,860 48 A firm has common stock of $6,200, paid-in surplus of $9,100, total liabilities of $8,400, current assets of $5,900, ... assets of $21,200 What is the amount of the shareholders' equity? A $6,900 B $15,300 C $18,700 D $23,700 E $35,500 49 Your firm has total assets of $4,900, fixed assets of $3,200, long-term debt of...

Ngày tải lên: 17/01/2018, 14:23

... firm's cash flows for 2009? A net use of cash of $37 B net use of cash of $83 C net source of cash of $83 D net source of cash of $111 E net source of cash of $135 49 During the year, Kitchen Supply ... statement of cash flows for 2009? A a use of $4,218 of cash as an investment activity B a source of $807 of cash as an operating activity C a use of $4,218 of cash as a financing activity D a source of ... firm had cash of $52, accounts receivable of $218, inventory of $509, and net fixed assets of $1,107 This year, the firm has cash of $61, accounts receivable of $198, inventory of $527, and net...

Ngày tải lên: 17/01/2018, 14:23

... accomplishes which of the following for a firm? I determination of asset requirements II development of plans to contend with unexpected events III establishment of priorities IV analysis of funding ... the amount of fixed assets required to support each dollar of sales? I current amount of fixed assets II current sales III current level of operating capacity IV projected growth rate of sales ... operating at full capacity, has sales of $29,000, current assets of $1,600, current liabilities of $1,200, net fixed assets of $27,500, and a percent profit margin The firm has no long-term debt...

Ngày tải lên: 17/01/2018, 14:23

... have time to compound Feedback: Refer to sections 5.1 and 5.2 54 PV of A = $10,000; PV of B = $11,167.90; FV of A = $17,908.48; FV of B = $20,000 Based on both present values and future values, B ... every year C The total amount of interest you will earn will equal $1,000 × 06 × 40 D The present value of this investment is equal to $1,000 E The future value of this amount is equal to $1,000 ... from now, the value of Luis' money will be equal to the value of Soo Lee's money E Soo Lee's money is worth more than Luis' money given the percent discount rate 16 Which one of the following variables...

Ngày tải lên: 17/01/2018, 14:23