Questions
One of the disadvantages of forming a proprietorship is that it is subject to many government...

  1. One of the disadvantages of forming a proprietorship is that it is subject to many government regulations.

    True

    False

2.5 points   

QUESTION 2

  1. Sarbanes-Oxley Act was passed by Congress in the wake of a series of accounting scandals in the early 2000s.

    True

    False

2.5 points   

QUESTION 3

  1. A major disadvantage of operating as a proprietorship is that it creates unlimited liability for the business's debt.

    True

    False

2.5 points   

QUESTION 4

  1. Double taxation can be avoided by forming a "S Corporation".

    True

    False

2.5 points   

QUESTION 5

  1. An estimate of a stock's "true" value based on accurate risk and return is known as the company's market price.

    True

    False

2.5 points   

QUESTION 6

  1. The verbal section of a company's annual report discusses the company's past year's performance and future prospects.

    True

    False

2.5 points   

QUESTION 7

  1. Income Statement gives a "snapshot" of a company's assets and who has claims on them on a given date.

    True

    False

2.5 points   

QUESTION 8

  1. Stockholders' Equity can be calculated by subtracting total liabilities from total assets.

    True

    False

2.5 points   

QUESTION 9

  1. Cost of assets depleted in the production process such as machinery, equipment, vehicle, etc. is known as amortization.

    True

    False

2.5 points   

QUESTION 10

  1. The amount of cash that could be withdrawn without harming a firm's ability to operate and produce future cash flow is known as free cash flow.

    True

    False

2.5 points   

QUESTION 11

  1. The tax rate applicable to the last unit of a person's income is known as the marginal tax rate.

    True

    False

2.5 points   

QUESTION 12

  1. Liquidity ratios measure a firm's ability to pay off debts that are maturing within one year.

    True

    False

2.5 points   

QUESTION 13

  1. The DuPont Equation shows the relationships among asset management, debt management, and profitability ratios.

    True

    False

2.5 points   

QUESTION 14

  1. Benchmarking refers to an analysis of a firm's financial ratios over time.

    True

    False

2.5 points   

QUESTION 15

  1. Ratio Analysis is used by three main groups: managers, credit analysts, and stock analysts.

    True

    False

2.5 points   

QUESTION 16

  1. A series of equal payments at fixed intervals for a specified number of periods is known as annuity.

    True

    False

2.5 points   

QUESTION 17

  1. Market Value ratios give an idea of what investors think about the firm and its future prospects.

    True

    False

2.5 points   

QUESTION 18

  1. Inventory Turnover Ratio is calculated by deducting inventories from current assets and then dividing by current liabilities.

    True

    False

2.5 points   

QUESTION 19

  1. Times-Interest-Earned Ratio measures the firm's ability to honor its debt payments.

    True

    False

2.5 points   

QUESTION 20

  1. The group of ratios that show the combined effects of liquidity, asset management, and debt management on operating results are known as profitability ratios.

    True

    False

2.5 points   

QUESTION 21

  1. Ease of forming, being subject to few government regulations, and being subject to lower income taxes are advantages of:

    A.

    corporation

    B.

    publicly traded company

    C.

    proprietorship

    D.

    initial public offering

2.5 points   

QUESTION 22

  1. The financial statement that shows how much cash the company began the year with and how much cash it ended up with is known as:

    A.

    balance sheet

    B.

    statement of cash flows

    C.

    income statement

    D.

    statement of stockholders' equity

2.5 points   

QUESTION 23

  1. If paid in capital for Firm A is $7 million, retained earnings are $2 million, and net income is $1 million, what is Firm A's stockholder's Equity?

    A.

    $3 million

    B.

    $5 million

    C.

    $8 million

    D.

    $9 million

2.5 points   

QUESTION 24

  1. If total assets are $1 million, current assets are $500,000, and current liabilities are $400,000, what is the net working capital?

    A.

    $100,000

    B.

    $300,000

    C.

    $600,000

    D.

    $900,000

2.5 points   

QUESTION 25

  1. A decline in the value of intangible assets during the production process is known as:

    A.

    depreciation

    B.

    annulment

    C.

    amortization

    D.

    retained earnings

2.5 points   

QUESTION 26

  1. Financial statements can be used to determine important questions such as:

    A.

    How large is the company?

    B.

    Is the company growing?

    C.

    Is the company making or losing money?

    D.

    All of the above.

2.5 points   

QUESTION 27

  1. A tax system in which the tax rate is higher on higher incomes is known as __________________ system.

    progressive tax

    regressive tax

    flat tax

    inverse tax

2.5 points   

QUESTION 28

  1. _______________ was created by Congress to make it more difficult for wealth individuals to avoid paying taxes through the use of various deductions.

    Progressive tax

    Alternative Minimum Tax

    Regressive Tax

    Flat Tax

2.5 points   

QUESTION 29

  1. If Current Assets equal $500,000, Current liabilities equal $400,000, and inventories equal $100,000, what is the current ratio?

    A.

    1.25

    B.

    1.50

    C.

    1.75

    D.

    2.00

2.5 points   

QUESTION 30

  1. If Current Assets equal $500,000, Current liabilities equal $400,000, and inventories equal $100,000, what is the quick ratio?

    A.

    1.00

    B.

    1.25

    C.

    1.50

    D.

    1.75

In: Finance

Imagine you have been hired to manage the PR function for a startup company specializing in...

Imagine you have been hired to manage the PR function for a startup company specializing in environmental concerns and preservation. Develop a high level PR plan that will carry you through the first six months of the company's launch. Keep in mind initial startup tasks that might include reaching out to key stakeholders or customers, or explaining the nature of your company to others.

In: Finance

Software hacking is a global problem that often impacts organizations that hold extensive or sensitive data...

Software hacking is a global problem that often impacts organizations that hold extensive or sensitive data on customers, employees, or others. Research an example of a company, governmental agency, or organization that has been victimized by hackers.Answer the following questions:

  • What company was targeted?
  • What data was stolen, lost, or corrupted?
  • How was the incident detected?
  • What factors led to the vulnerability? How was it exploited by hackers?

In: Computer Science

Renminbi Revaluation. Many experts believe that the Chinese currency should not only be revalued against the...

Renminbi Revaluation. Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July​ 2005, but also be revalued by 20 or 30%. What would be the new exchange rate value if the yuan was revalued an additional 20 or 30 from its initial​ post-revaluation rate of yuan 8.13 ​? The revalued exchange rate will be Yuan nothing​/$. ​(Round to two decimal​ places.)

In: Finance

Dollar Peg for Hong Kong. The Hong Kong dollar has long been pegged to the U.S....

Dollar Peg for Hong Kong. The Hong Kong dollar has long been pegged to the U.S. dollar at 7.75 . When the Chinese yuan was revalued in July 2005 against the U.S. dollar from 8.31 to 8.12​, how did the value of the Hong Kong dollar change against the​ yuan? The original​ HK$/Yuan cross rate was ​HK$ nothing​/Yuan. ​(Round to four decimal​ places.)

In: Finance

Renminbi Revaluation.  Many experts believe that the Chinese currency should not only be revalued against the...

Renminbi Revaluation.  Many experts believe that the Chinese currency should not only be revalued against the U.S. dollar as it was in July​ 2005, but also be revalued by

15%or25%. What would be the new exchange rate value if the yuan was revalued an additional15%or25%from its initial​ post-revaluation rate of Yuan 8.15 /$​? The15% revalued exchange rate will be Yuan/$.

​(Round to two decimal​ places.)

In: Finance

11The Russian wireless market became saturated in 2005. A battle ensued between shareholders Telenor and Alfa...

11The Russian wireless market became saturated in 2005. A battle ensued between shareholders Telenor and Alfa Group over expansion into Ukraine. Telenor already had a JV with one of the major existing operators in Ukraine and opposed VimpelCom entering the Ukraine market to compete with it. Alfa insisted that VimpelCom should pursue the Ukraine market. What would be the best way for the CEO to handle this conflict?

In: Economics

What were some of the lessons learned about business continuity planning that can be derived from...

What were some of the lessons learned about business continuity planning that can be derived from organizational experiences following the 9/11 attack on the World Trade Center in New York or Hurricane Katrina in 2005?

Your post should be 250-500 words. It should contain a mininum of two sources (book can be one), which you need to cite using APA style.

In: Computer Science

Question three Describe the term simulation Explain the advantages and disadvantages of simulation techniques Solve the...

Question three

  1. Describe the term simulation
  2. Explain the advantages and disadvantages of simulation techniques
  3. Solve the following transportation problem using any suitable method. The cell entries are unit costs

                  D1       D2        D3       D4

D5        

available

     

    

O1

68

35

4

74

15

18

O2

57

88

91

3

8

17

O3

91

60

75

45

60

19

O4

52

53

24

7

82

13

O5

51

18

82

13

7

15

                        Required                     16        18            20         14          14

In: Math

placebo: 110, 89, 86, 87, 85, 87, 74, 85 sleeping pill: 99, 84, 94, 87, 87,...

placebo: 110, 89, 86, 87, 85, 87, 74, 85 sleeping pill: 99, 84, 94, 87, 87, 106,102, 91 given data above. patients are testing out the new sleeping pill. Subjects' rapid eye movement (REM) was measures before and after they received the sleeping pill. 1)critical t or z value? 2)reject or fail to reject the null hypothesis 3)compute 95% confidence interval around the sample mean 4) compute Cohens d and explain its meaning 5) summarize your results using the correct format

In: Statistics and Probability