Archive for Need

1 If managers are making decisions to maximize shareholder wealth, then they are
primarily concerned with making decisions that should:
a. Positively affect profits.
b. Increase the market value of the firm’s common stock.
c. Either increase or have no effect on the value of the firm’s
common stock.
d. Accomplish all of the above.
2 A firm has return on equity of 20% and a total asset turnover of 4. Assuming
a debt ratio of 50% and sales of $1,000,000, calculate net income.
a. $25,000
b. $50,000
c. $75,000
d. $100,000
3 The trading of negotiable certificates of deposit takes place on the:
a. Chicago Board of Trade.
b. New York Stock Exchange.
c. American Stock Exchange.
d. None of the above.
4 As the cost of capital is increased, the:
a. IRR remains constant.
b. Payback period remains the same.
c. Discounted payback period increases.
d. Both “b” and “c”.
e. All of the above
5 You have just won a magazine sweepstakes and have a choice of three
alternatives. You can get $100,000 now, or $10,000 per year in perpetuity, or
$50,000 now and $150,000 at the end of 10 years. If the appropriate discount
rate is 12%, which option should you choose?
a. $100,000 now
b. $10,000 perpetuity
c. $50,000 now and $150,000 in 10 years
6 The break-even quantity of output results in an EBIT level equal to:
a. Fixed costs.
b. Contribution margin.
c. Zero.
d. Variable costs.
7 If the NPV of a project is positive, then the project’s IRR _________________
the required rate of return.
a. must be less than
b. must be greater than
c. could be greater or less than
d. cannot be determined without actual cash flows
8 Given a 360-day year, the effective annual cost of not taking advantage of the
3/10, net 30 terms offered by a supplier is:
a. 55.7%.
b. 45.4%.
c. 32.3%.
d. 28.2%.
9 A company is technically insolvent when:
a. Cash outflows in a given period are greater than cash inflows.
b. Earnings before interest payments are less than the interest
payments.
c. It lacks the necessary liquidity to promptly pay its current
debt obligations.
d. The current ratio is less than 1.0.
10 Monopoly Corp. is projecting sales of $12 million next year. All sales will be
on a credit basis. The present average collection period is 45 days. Monopoly
is considering a change in selling terms from net 30 days to 2/10, net 30 in
order to speed up the collections of its receivables. Studies indicate that one
half of the firm’s customers will take the discount. If Monopoly offers this
discount, how much will it cost next year? Assume a 365-day year.
a. $87,000
b. $98,000
c. $103,000
d. $112,000
e. $120,000
11 Which of the following most likely would cause a lease to be classified as a
capital lease?
a. The lease is for five or more years.
b. The lease is for $1 million or more.
c. The lease permits the lessee to purchase the equipment at the
end of the lease for its fair market value.
d. The present value of the lease payments, calculated at the
lessee’s typical rate of interest for a similar purchase
loan, is more than the original purchase price of the
equipment.
12 UVP preferred stock pays $5.00 in annual dividends per share. If your
required rate of return is 13%, how much will you be willing to pay for one share?
a. $38.46
b. $26.26
c. $65.46
d. $46.38
13 Determine the dollar value of a three year annuity that would produce the
same NPV as the following project if the appropriate discount rate is 15%, and
initial outflow = 0.
Initial Outflow = $1,200
Cash Flow Year 1 = $800
Cash Flow Year 2 = $500
Cash Flow Year 3 = $700
a. $250.38
b. $673.94
c. $146.28
d. $430.82
14 Sola Cola Corporation is undertaking a capital budgeting analysis. The
rate on 30-year U.S. Treasury bonds is 6.3%, and the return on the S&P 500
index is 18.5%. If the cost of Sola Cola’s retained earnings is 19.7%,
calculate its beta.
a. 1.1
b. 1.3
c. 1.5
d. 1.7
15 Zybeck Corp. projects operating income of $4 million next year. The firm’s
income tax rate is 40%. Zybeck presently has 750,000 shares of common
stock outstanding which have a market value of $10 per share, no preferred
stock, and no debt. The firm is considering two alternatives to finance a new
product: (a) the issuance of $6 million of 10% bonds, or (b) the issuance of
60,000 new shares of common stock. If Zybeck issues common stock this
year, what will projected EPS be next year?
a. $2.10
b. $2.96
c. $2.33
d. $1.67
16 In the event that Zoldt Corporation, which has a low P/E ratio, were to
acquire Sky Corporation, which has a higher P/E ratio, an analyst can be
certain that one of the following will occur.
a. Zoldt Corp. will see an immediate decrease in P/E.
b. Zoldt Corp. will see an immediate decrease in EPS.
c. Zoldt Corp. will see an immediate increase in the growth rate
of EPS.
d. Zoldt Corp. will see an immediate increase in EPS.
17 Assume that an investor owned 5,000 of Chrysler Corporation common stock
prior to the purchase of Chrysler by Daimler-Benz of Germany. At the time
of the acquisition, the dollar was worth 1.7848 German marks. Further
assume that the purchase price was equal to 107.09 marks per share.
What was the sales price of Chrysler common stock per share in U.S.
dollars?
a. $50
b. $191
c. $107
d. $60
e. None of the above
18 If a company’s average collection period is higher than the industry average,
then the company might be:
a. Enforcing credit conditions upon its customers which are too
stringent.
b. Allowing its customers too much time to pay their bills.
c. Too tough in collecting its accounts.
d. Too liquid.
19 Kiosk Corp. has current assets of $4.5 million and current liabilities of $3.6
million. The current ratio is 1.25, and the quick ratio is 0.75. How much
does Kiosk have invested in inventory (in millions)?
a. $0.8
b. $1.8
c. $2.4
d. $2.9
e. $3.6
20 A firm has a total asset turnover of 2, a net profit margin of 5%, and a debt
ratio of 50%. If the firm has a dividend payout ratio of 20%, calculate its
sustainable growth rate.
a. 14%
b. 16%
c. 18%
d. 20%
21 If you have $20,000 in an account earning 8% annually, what constant amount
could you withdraw each year and have nothing remaining at the end of five
years?
a. $3,525.62
b. $5,008.76
c. $3,408.88
d. $2,465.78
22 A firm has a degree of combined leverage of 1.25. Price per unit is $15 and
variable cost per unit is $5. Interest expense is $10,000 and fixed costs are
$190,000. Calculate the quantity of output produced.
a. 100,000 units
b. 120,500 units
c. 150,000 units
d. 200,000 units
23 A stock currently sells for $63 per share, and the required return on the
stock is 10%. Assuming a growth rate of 5%, calculate the stock’s last
dividend paid. (Rounded)
a. $1
b. $3
c. $5
d. $7
24 An optimal capital structure is achieved:
a. When a firm’s expected profits are maximized.
b. When a firm’s expected EPS are maximized.
c. When a firm’s expected stock price is maximized.
e. When a firm’s break-even point is achieved.
25 An investor in the 40% tax bracket owning a tax-exempt bond yielding 6%
realizes an equivalent before-tax yield of:
a. 12%
b. 10%
c. 8%
d. 6%

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1.) the sides of a triangle can be represented by three consecutive even numbers. if the first side is increased by 1 and the second side is decreased by 1, the triangle becomes isosceles and has a perimeter of 30 in. find the length of each side of the original triangle.
2.) mark is 10 years younger than larry. larry’s age in 8 years will exceed twice marks age 3 years ago by 4 years. how old is each now.
3.) mr. west drove his car from home to chicago at the rate of 40 mph. and returned at a rate of 45 mph. if his time going exceeded his time returning by 30 minutes, find his time going and his time returning.
4.) tom, dick, and harry weigh 50, 85, and 120 pounds. respectively and use a 12 foot plank for a teeterboard. tom sits 5 feet, dick sits 4 feet, and harry sits 3 feet from the fulcrum on the same side. how far must a 200 pound friend sit from the fulcrum to balance them?
5.) find 4 consecutive even integers such that the sum of the third and fourth exceeds 1/3 of the first by the sum of the first and third.
6.) a sum of $3,500 is invested in two parts. one part brings a return of 5% and the other a return of 8%. the total annual return is $250. find the amount invested at each rate.
7.) how many pounds of seed worth 60 cents a pound must be mixed with 300 pounds of seed worth 35 cents a pound to produce a mixture worth 50 cents per pound?

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Dec
21

I Need Help With Algebra?

Posted by: admin | Comments (3)

i need help setting these up….ive asked everyone and almost nobody knows how….the teacher’s always busy
1.) the sides of a triangle can be represented by three consecutive even numbers. if the first side is increased by 1 and the second side is decreased by 1, the triangle becomes isosceles and has a perimeter of 30 in. find the length of each side of the original triangle.
2.) mark is 10 years younger than larry. larry’s age in 8 years will exceed twice marks age 3 years ago by 4 years. how old is each now.
3.) mr. west drove his car from home to chicago at the rate of 40 mph. and returned at a rate of 45 mph. if his time going exceeded his time returning by 30 minutes, find his time going and his time returning.
4.) tom, dick, and harry weigh 50, 85, and 120 pounds. respectively and use a 12 foot plank for a teeterboard. tom sits 5 feet, dick sits 4 feet, and harry sits 3 feet from the fulcrum on the same side. how far must a 200 pound friend sit from the fulcrum to balance them?
5.) find 4 consecutive even integers such that the sum of the third and fourth exceeds 1/3 of the first by the sum of the first and third.
6.) a sum of $3,500 is invested in two parts. one part brings a return of 5% and the other a return of 8%. the total annual return is $250. find the amount invested at each rate.
7.) how many pounds of seed worth 60 cents a pound must be mixed with 300 pounds of seed worth 35 cents a pound to produce a mixture worth 50 cents per pound?

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Dec
17

Really Need Help?

Posted by: admin | Comments (2)

1: Which was NOT a major success of Reconstruction in the South?
an end to racist government policies
the transformation into an industralized, urban region
an end to tensions between the North and South
all of the above
2: The main goal of the Ku Klux Klan during Reconstruction was to
prevent African Americans from exercising their rights
gain control of the state legislatures
restore the Confederacy
improve the conditions for poor whites
3: The Fourteenth Amendment was part of a series of laws that
changed the way a President could hire government officials
ensured the civil rights of African Americans
restored the balance of power between the President and Congress
shifted the balance of power in favor of the Supreme Court
4: Reconstruction succeeded in rebuilding many of the South’s
plantations
forts
railroads
banks
5: The expansion of American industry was sparked mainly by
public welfare programs
technological advances and financial investments
a decline in productivity in Europe
government involvement in the economy
6: One thing a person could do in 1900 but not in 1865 was
ride on a train
sew a dress
play a phonograph
read at night
7: How did John D. Rockefeller gain control of the oil industry?
He formed a trust.
He practiced vertical consolidation.
He joined a cartel.
He practiced free trade.
8: The nation’s first major labor strike was begun by
railway workers angered about wage cuts and unsafe trains
steel workers upset by the use of scabs
women protesting lack of advancement in factories
Pinkerton agents who threw a bomb at police
9: What was the one key requirement that applicants had to meet to receive land under the Homestead Act?
They had to live on the land all year long.
They had to farm the land for five years in a row.
They had to file a claim with a bank.
They had to wheel portable cabins from plot to plot
10: What was a major incentive in the settling of the West?
the legal, private ownership of land
the award of large land grants to the railroads
the desire to limit slavery
the refuge offered for outlaws and the oppressed
11: One reason that the United States became more urban during the late 1800s is that
farm machines and factory-made goods reduced the need for farm labor
nobody wanted to live on farms anymore
immigrants did not know how to do farm work
union organizing of farm workers had not yet begun
12: Where did European immigrants often settle in the United States?
in western railroad towns
in their ports of entry
in the South
near lakes
13: Prohibition groups saw a link between drinking and
abuses by big business
lower public morals
anti-Asian feelings
high tariffs
14: Reformers who tried to solve social problems by helping the needy believed that
immoral behavior should be punished by deportation
stricter laws were needed to discourage unacceptable behavior
prosperous Americans should lead reform efforts
the cultures of immigrant groups should be respected
15: During the late 1800s and early 1900s, what segment of American society was most likely to attend college?
wealthy white men
New Englanders
gifted students
middle-class women
16: During the early 1900s, most African Americans who went to college attended
fully integrated universities
African American colleges
religious-based schools
separate branches of white colleges
17: How did southern states keep African Americans from gaining political power?
lynching
segregation
voting restrictions
de facto discrimination
18: Why was the Open Door Policy important to the United States?
It gave the United States territory in China
It gave the United States access to millions of consumers in China
It increased Chinese investments in the United States
It kept European goods out of China
19: The United States followed a policy of expansionism in the late 1800s because
European nations were eager to sell rights to their colonies
many Americans were demanding high-quality foreign goods
US factories needed foreign laborers
the nation sought more markets for its goods
20: The first action of the Spanish-American War took place in
the Philippines
the Gulf of Mexico
the harbor at Santiago, Cuba
Puerto Rico
21: Among Latin Americans, United States actions related to the Panama Canal created
hope for a prosperous future
ill will toward the United States
calls for Roosevelt’s impeachment
a long-lasting economic crisis
22: Progressivism was halted by
the efforts of the NAACP
World War I
the repeal of the prohibition amendment
the victory of the Bull Moose Party
23: Which belief was held by most Progressives?
The government should be more accountable to its citizens.
Housing and healthcare should remain private.
The government should protect agricultural interests.
The government should intervene in unfair business practices.
24: One goal that Progressives did not seek was
the moral improvement of society
the reduction of government corruption
a ban on strikes
child labor laws
25: One way reformers hoped to end corruption in government was to
establish an income tax
give voters more direct say in lawmaking
provide more welfare services
use the army to oust political machines
26: The platform of the Bull Moose Party supported
unregulated competition
the 12-hour work day
women’s suffrage
a Federal Trade Commission
27: Under the terms of the Sussex pledge, the German government promised that
the German navy would not attack any American ships
German ships would not blockade Britain and France
German U-boats would warn ships before attacking
the German army would never invade Russia
28: The United States decided to enter World War I in response to
Germany’s return to unrestricted submarine warfare
France’s fall to the Central Powers
the Czar’s growing support in Russia
a filibuster by United States senators
29: German submarines aimed to atack ships that were carrying
weapons to the Allies
passengers to the United States
food to the Central Powers
oil to Mexico
30: At the Paris Peace Conference, President Wilson’s program for peace
angered the Russians
met no resistance among the Allies
was backed only by France
underwent several changes
31: After Wilson presented the treaty to the United States Senate,
the Senate ratified it
only the “irreconcilables” backed it
the Senate rejected it
only the “reservationists” backed it
32: One result of Prohibition during the 1920s was
an increase in alcoholism
a decline in dancing and socializing
the rise of organized crime
the creation of urban artistic colonies
33: Which of the following was a long-term effect of Prohibition?
the consumer economy
the growth of organized crime
an end to alcoholism in the United States
the rise of fundamentalism
34: William Jennings Bryan took up the cause of fundamentalist Christians
at speakeasies in Chicago
on new buses to the suburbs
at the Scopes trial
in Hollywood studios
35: Key features of Republican administrations of the 1920s included
expansionism and business regulation
isolationism and laissez-faire business policy
a buildup of armaments and armed forces
reduction of quotas and increased immigration
36: Why did many Americans fear Vladimir I. Lenin and his followers, the Bolsheviks?
They promoted a system that was hostile to American values
They refused to pay back Russia’s war debts
They had abolished the Russian monarchy
They encouraged other nations to reject socialism
37: Generally, the 1920s were marked by
rising farm prices
rising stock prices
falling production
falling wages
38: One sign that the economy might be weakening in the 1920s was
uneven distribution of national wealth
underproduction of consumer goods
an increase in personal savings
the collapse of large corporations
39: Which statement best describes the American economy in the 1920s?
Wages decreased and the economy appeared weak
Unemployment was at an all-time high
Stock prices rose and the economy appeared healthy
Small businesses dominated American industry
40: In the fall of 1929, a wave of panic selling gripped the stock market as a result of
a sudden fall in stock prices
corruption among stockbrokers
business failures
government limits on speculation
41: Not long after Black Tuesday, the stock market crash was affecting
only those who had invested heavily in stocks
wealthy industrialists almost exculsively
millions of Americans, many of whom had never owned stocks
mainly stockbrokers and banks
42: Why did FDR declare a “bank holiday” early in his administration?
to cut of the use of cash
to weaken the banking industry
to inspect the financial health of the banks
to give people in the banking industry a well-earned vacation
43: Which New Deal agency was created to help businesses?
Federal Reserve Board
National Recovery Administration
Civilian Conservation Corps
Home Owner’s Loan Corporation
44: Which of the following did New Deal programs fail to address?
protection of domestic workers
low prices for agricultural products
the decline of industrial prices
Native Americans’ need for schools, hospitals, and irrigation systems
45: All of the following New Deal agencies still endure today except the
Tennessee Valley Authority
Federal Deposit Insurance Corporation
Civilian Conservation Corps
Securities and Exchange Commission
46: What did Italy, Germany, and Japan have in common in the 1930s?
They overturned traditional governments and established democracies.
They were economic giants and together controlled world trade.
They sought to solve their nations’ problems through conquest
They angered other nations by their persecution of the Jews
47: Although Communists and Fascists have traditionally been enemies, in 1939 which Fascist made a pact with which Communist?
Hitler with Chamberlain
Hitler with Stalin
Hitler with Franco
Stalin with Franco
48: Nazism was an extreme form of
communism
fascism
nationalism
none of the above
49: During the 1930s, the United States focused largely on
preparing for war
domestic affairs
international affairs
international and domestic affairs
50: Congress passed Neutrality Acts that were designed to
support other neutral states around the world
support other nations in the Western Hemisphere
limit international involvement
allow nations to purchase weapons on credit

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Dec
11

I Need Help For This Grammar Situation?

Posted by: admin | Comments (3)

Can some one check the grammar on this pleae?
Richest African American Alive!
Born January 29th, 1954 was Oprah Gail Winfrey. She became the
richest African American female of all time, at her current age which
is fifty-three. She is currently worth $1.5 billion. She is worried about
the education of many children. She has had a terrible background
along with a rough childhood, but has overcome this giant obstacle.
She has her own production company as well.
Oprah Gail Winfrey was born in Kosciusko, Mississippi to the
parents of Vernita Lee and father Vermon Winfrey, who were
unmarried teenagers. when her mother and father split up she lived
her first six years with her grandma Hattie Mae. Living in bad poverty
and in the “ghetto”, she taught herself to read at the age of three. The
most terrible thing that has happened to her was when she was
molested by her cousins, uncle, and family starting at the nine.
When she was thirteen she ran away and became pregnant at fourteen,
but gave birth, to a stillborn.
Oprah always wanted to be an actress. She started at seventeen
becoming the youngest news anchor and the first colored female there
at Nashville’s WLAC-TV. In 1983, her show Donahue was the
number one talk show in Chicago, Illinois. Then it was later renamed
The Oprah Winfrey Show that first aired on September 8th, 1986.
Besides acting she co-owns Oxygen and he own production company
“Harpo”. That’s Oprah spelled backwards! She won an Academy Award
for starring as Sofia in “The Color Purple”, the she produced it on
Broadway. She also has two magazines called the O, and O at home!
Worried about many children’s education, she has helped in many
ways. In January 2007, Oprah opened a school just for girls. Oprah
Winfrey Leadership Academy for Girls was opened in Johannesburg
in South Africa. For this school, classrooms, books, desks, uniforms,
and many more Oprah invested $40 million on this project alone! This
school is fifty-two acres and has a twenty-eight building campus.
Oprah Winfrey is the wealthiest African American alive.
According to television channel E!, she is worth $1.5 billion.
Right now she lives in Montecito, California in her forty-two acre
house. She has reported to have paid $50 million on this mansion.
Besides this she owns many more homes in different locations. In fall of
2004 she gave away 276 Pontiac G6’s to everyone in her audience.
Spending over $7 million, for each car costing $28,400.
One of the richest females alive, Oprah Winfrey is worth $1.5
billion. Worries about education, starting life with a troubled
childhood, to becoming an actress at seventeen. I have always
wondered why Oprah wanted to be an actress. Oprah Winfrey is a role
model to me as well as many other people. At the age of fifty-three
Oprah is still doing wonderful things for adults and children every day.

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