WGU C214 FINANCE MANAGEMENT PVCC 2024 VERIFIED QUESTIONS AND ANSWERS
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Course
WGU C214
Institution
WGU C214
How can a private firm appropriately maximize shareholder value? - CORRECT ANSWER By making decisions that keep the control of the business with the owners
Why are American regulators focused on international investing in a global marketplace? - CORRECT ANSWER Because international ...
WGU C214 FINANCE MANAGEMENT PVCC 2024
VERIFIED QUESTIONS AND ANSWERS
How can a private firm appropriately maximize shareholder value? -
CORRECT ANSWER By making decisions that keep the control of the
business with the owners
Why are American regulators focused on international investing in a global
marketplace? - CORRECT ANSWER Because international investing in a
global marketplace is the concern of American investors
What is one of the two basic types of financial instruments? - CORRECT
ANSWER Bonds
Which two effects does the unbundling and offshoring of production have on
employment when the global value chain is taken into consideration? -
CORRECT ANSWER Unbundling and offshoring allows firms to offer
intermediate and final goods at lower prices, thus increasing employment.
Unbundling and offshoring decreases costs, which results in expansion of
sales and higher employment
What is true about the content and structure of a balance sheet? -
CORRECT ANSWER It reports the assets, liabilities, and equity at a point
in time
,WGU C214 FINANCE MANAGEMENT PVCC 2024
VERIFIED QUESTIONS AND ANSWERS
A company reported an increase in accounts receivable of $5,000 during the
recent period. Half of this amount is expected to be collected next period.
How will this change in accounts receivable affect the cash flows from the
operating activities section? - CORRECT ANSWER The change will
decrease cash flows from operations by $5,000
Which statement accurately explains the recognition of revenues and
expenses under accounting income and income for tax purposes? -
CORRECT ANSWER Revenues and expenses are always recognized in the
same period for accounting income purposes and income for tax purposes
What is the basic equation for a balance sheet? - CORRECT ANSWER
Assets=liabilities+equity
What do cash flows from investing activities generally relate to? -
CORRECT ANSWER A firm's purchase and sale of long-term assets
Which transaction is reflected in cash flow from operating activities? -
CORRECT ANSWER Cash sales to customers
, WGU C214 FINANCE MANAGEMENT PVCC 2024
VERIFIED QUESTIONS AND ANSWERS
What does free cash flow represent? - CORRECT ANSWER Cash
available for distribution after funding required reinvestment
An analyst is comparing the ratios of two different firms and needs to address
timing differences.
What would be considered an example of a timing difference between the two
firms? - CORRECT ANSWER The firms have different fiscal years
A companys year end balance sheet for 2013:
AR: 900
Inventory: 1200
Fixed assets: 1000
AP: 1300
Sales: 4000
Salaries: 275
What is their fixed asset turnover ratio? - CORRECT ANSWER Net Sales
/ Average Net Fixed Assets Sales @ 4000 / Fixed Assets @ 1000= 4.0
A firm has a ROE of 0.27 and the industry average ROE is 0.24
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