100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FIN 412 Exam 1 Review Exam Questions And Correct Detailed Answers. $12.99   Add to cart

Exam (elaborations)

FIN 412 Exam 1 Review Exam Questions And Correct Detailed Answers.

 15 views  0 purchase
  • Course
  • FIN.
  • Institution
  • FIN.

What does Corporate Finance address? a. How a firm should manage and fund its short-term assets b. The long-term investments the firm should choose c. How to fund a firm's investments d. All of the Above - correct answer d What is the primary goal of Fi...

[Show more]

Preview 2 out of 10  pages

  • September 7, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FIN.
  • FIN.
avatar-seller
RealGrades
FIN 412 Exam 1 Review

What does Corporate Finance address?



a. How a firm should manage and fund its short-term assets

b. The long-term investments the firm should choose

c. How to fund a firm's investments

d. All of the Above - correct answer d



What is the primary goal of Financial Management?



a. To maximize profits

b. To minimize costs

c. To maximize market share

d. To maximize shareholder wealth - correct answer d



In a corporation, who are the "Agents"?



a. Managers

b. Stakeholders

c. Shareholders

d. Bondholders - correct answer a



Which of the following is a potential solution to agency problems?



a. The threat of a takeover

b. Stakeholders that serve as monitors (such as creditors)

, c. Both A & B

d. None of the Above - correct answer c



Which of the following is NOT one of the three major components of the cash flow statement?



a. Operating

b. Accounting

c. Financing

d. Investing - correct answer b



Bondholders generally receive the first claim to a firm's cash flow



a. True

b. False - correct answer a



Liquid assets frequently have Higher rates of return than fixed assets

a. True

b. False - correct answer b



How would Net Working Capital (NWC) be affected if Accounts Receivable increased?



a. Increase in NWC

b. Decrease in NWC

c. No change in NWC - correct answer a



Which of the following is Not a feature of Flexible Policy?



a. Large cash balances

b. Greater inventory

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart