31 Jan Ningbo Shipping has

Quiz 1

Question 1

If I have questions regarding grades or topics of a sensitive nature, what is the preferred method to contact my professor?

Question 2

Which of the following options does a student in FIN100 have if they need to seek additional help with the course material?

Question 3

What resources are available in the Tutoring tab located in the horizontal menu of my Blackboard online course if I need help with writing and / or grammar on my assignments?

Question 4

Where can I connect with my peers if I want to chat with them, brainstorm about class ideas, or receive additional support?

Question 5

Where can I find the Strayer late policy?

Question 6

Which of the following software applications is used by Strayer to verify assignment originality throughout this course?

Question 7

Which of the following statements is INCORRECT:

Question 8

Where can you find your professors contact information, office hours, and email address?

Question 9

How are assignments sent to the instructor?

Question 10

If I am having problems with my class or an assignment what is the first thing I should do?

Quiz 2

Question 1

The issuing of new securities, mortgages, and other claims to wealth takes place in the:

Question 2

Programs passed by the federal government in response to the financial crisis of 2007-2009 include which of the following:

Question 3

The primary goal of the financial manager of a profit-seeking organization is to:

Question 4

Maximizing _____________________ is accomplished through effective financial planning and analysis, asset management, and the acquisition of financial capital.

Question 5

Crucial elements of well-developed financial systems include all of the following except:

Question 6

Economists use a ___________________ framework to explain how the prices and quantities of goods and services are determined in a free-market economic system.

Question 7

$1,000 invested today at 6% interest would be worth ________ one year from now

Question 8

The effect of an increase of required reserves by the Fed is

Question 9

The least used monetary policy instrument used by the Fed is

Question 10

The Federal Reserve Banks are owned by

Question 11

The five components of the Federal Reserve System include:

Question 12

When the Federal Reserve System was created, it was thought that its most important influence over monetary conditions would be

Question 13

Open market operations

Question 14

Under the authority of the Federal Reserve Act of 1913

Question 15

A primary focus of the Economic Stabilization Act of 2008, which became known as the ___________________________, was to allow the U.S. Treasury purchase up to $700 billion of troubled or toxic assets held by financial institutions.

Question 16

Currently, the backing for Federal Reserve’s notes is primarily in the form of

Question 17

Deposits that add new reserves to the bank where they are deposited are called

Question 18

Assume that a bank receives a primary deposit of $1,000, and the reserve requirement is 15%. Which of the following would reflect the asset side of the balance sheet after a maximum loan amount has just been made?

Question 19

Federal Reserve open market operations

Question 20

Assume that a banking system must keep reserves of 20% against deposits. The bank receives a primary deposit of $20,000. What would be the maximum amount of loan that could be made by the system?

Quiz 3

Question 1

_________________________ was an international monetary system in which the U.S. dollar was valued in gold and other exchange rates were pegged to the dollar.

Question 2

An importer will generally try to avoid making payment for a purchase before the goods are actually shipped by

Question 3

An unconditional order for the payment of money from one person to another is called a(n)

Question 4

A stronger U.S. dollar generally

Question 5

A statement by a bank guaranteeing acceptance and payment of a draft up to a stated amount is called a(n)

Question 6

If personal consumption expenditures are $1 billion, government purchases are $2 billion, gross private domestic investments are $4 billion and net exports are $5 billion, then GDP is:

Question 7

The personal savings rate is calculated as:

Question 8

Capital market securities include all of the following EXCEPT:

Question 9

The life stages of an individual saver include which of the following:

Question 10

The major factors which influence the level of savings are the level of:

Question 11

Which of the following factors does not affect the supply of loanable funds?

Question 12

What is the real rate of interest if the nominal rate of interest is 15%, the IP is 3%, the DRP is 3%, the MRP is 3%, and the LP is 2%?

Question 13

Which of the following factors does not directly impact the level of interest rates?

Question 14

The risk-free interest rate is composed of:

Question 15

If you expect the inflation premium to be 2%, the default risk premium to be 1% and the real interest rate to be 4%, what interest would you expect to observe in the marketplace under the simplest form of market interest rates?

Question 16

Most bonds pay coupon interest

Question 17

The largest annual supply of external funds for business corporations comes from issuance of which one of the following sources?

Question 18

Common stock can have which of the following characteristics ? It can be:

Question 19

A current yield on a corporate bond is calculated as:

Question 20

An example of asset securitization is:

Quiz 4

Question 1

The document which details the issuer’s finances and must be provided to each buyer of the security is called the:

Question 2___________________ are comprised of direct costs, the spread, and underpricing.

Question 3

Which one of the following is not a primary market function of investment bankers?

Question 4

A market has ________ if it can absorb large orders without disrupting prices; it has ___________ if it has many trades.

Question 5

An agreement whereby an investment banker tries to sell securities of an issuing corporation, but assumes no risk if the flotation is unsuccessful is called a:

Question 6

Variations in operating income over time because of variations in unit sales, price, cost margins, and/or fixed expenses are called:

Question 7

If Stock A had a price of $120 at the beginning of the year, $150 at the end of the year and paid a $6 dividend during the year, what would be the annualized holding period return?

Question 8

Unsystematic risk is also known as:

Question 9

The effect on revenues and expenses from variations in the value of the U.S. dollar in terms of other currencies is called:

Question 10

The risk caused by variations in interest expense unrelated to sales or operating income arising from changes in the level of interest rates in the economy is called:

Question 11

Which form of business organization does not have a basic weakness of raising capital?

Question 12

Of the following forms of business organization, which have the advantage of limited liability but no stockholders?

Question 13

Which of the following business organizations limit the liability of some or all of their owners to the extent of their investment in the company?

Question 14

All of the following accounts are considered to be current assets on the balance sheet except:

Question 15

The goal of a business should be:

Question 16

The _______________ ratio is computed as earnings before interest and taxes divided by interest expense:

Question 17

Find the net profit margin if earnings before interest and taxes is $20,000, net income is $10,000, sales are $50,000, and total assets are $100,000.

Question 18

The extent to which assets are used to support sales is indicated by which of the following ratios:

Question 19

The primary purpose of the liquidity ratios is to determine:

Question 20

If a firm has sales of $100, total expenses (including interest and taxes) of $50, has a stock that is selling at $50 per share and has 10 shares of stock outstanding, then the firm has a P/E ratio of:

Quiz 5

Question 1

When determining the operating cycle, which of the following components reduce the length of the cycle?

Question 2

Working capital does not include:

Question 3

A firm can reduce its cash conversion cycle by

Question 4

Assume a firm’s production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. If the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?

Question 5

Which of the following would not normally be discussed when describing a firm’s operating cycle?

Question 6

In order to borrow $100,000 for a 10% loan on discount basis, the firm will actually have to borrow:

Question 7

When old short-term debt is replaced by new short-term debt as the old debt comes due, the process is known as:

Question 8

If total assets are $100,000, fixed assets are $30,000, current liabilities are $20,000, then net working capital is:

Question 9

A compensating balance on a bank loan effectively ____________ the cost of the loan.

Question 10

Which would not be likely to be accepted as collateral for an inventory loan?

Question 11

Internal rate of return (IRR) and net present value (NPV) methods:

Question 12

The time required for the cumulative cash flows from a project to equal zero is called the:

Good work

Question 13

Which of the following is not considered a stage in the capital budgeting process?

Good work

Question 14

If a project has a positive net present value (NPV), then the profitability index is:

Question 15

The process of allocating funds among competing investment opportunities is referred to as:

Question 16

The cost of capital for retained earnings:

Question 17

Ningbo Shipping, which has an average tax rate of 40 percent, would like to estimate the after-tax cost of debt for a 15-year, 12 percent, $1,000 par value bond, selling at $950. Based on this information, the after-tax cost of debt is:

Question 18

Ningbo Shipping has common stock with a market price of $25 per share and an expected dividend of $2 per share at the end of the coming year. The growth rate in dividends has been 5 percent and this growth is expected to continue indefinitely. Based on this information, the cost of the firm’s common stock equity is

Question 19

The cost of debt:

Question 20

The cost of retained earnings is: