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CFI FMVA Corporate Finance Final Exam Latest Update Actual Exam with 170 Questions and 100% Verified Correct Answers Guaranteed A+ Approved by the Professor$20.49
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CFI FMVA Corporate Finance Final Exam Latest Update Actual Exam with 170 Questions and 100% Verified Correct Answers Guaranteed A+ Approved by the Professor
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Course
CFI FMVA Corporate
Institution
CFI FMVA Corporate
CFI FMVA Corporate Finance Final Exam Latest Update Actual Exam with 170 Questions and 100% Verified Correct Answers Guaranteed A+ Approved by the Professor
CFI FMVA Corporate Finance Final Exam Latest
Update 2024-2025 Actual Exam with 170
Questions and 100% Verified Correct Answers
Guaranteed A+ Approved by the Professor
#1: which project should be chosen using payback period? NPV?
Payback = A and B. NPV = A and B.
Payback = B. NPV = B.
Payback = A. NPV = A.
Payback = A. NPV = B. - CORRECT ANSWER: Payback = A. NPV = B.
#3: What is the payback period when the initial cost is $16k?
4a) Firm reinvests cash in the Firm's Operations
4b) Firm pays out cash to investors
Payout Decision - how should the Firm divide up operating cash flows into cash
distributed to investors and cash reinvested in the firm's operations and assets
Is this a cash inflow or outflow?
Cash Outflow
Cash Inflow
Both
Depends - CORRECT ANSWER: Depends
4a) Firm reinvests cash in the Firm's Operations
4b) Firm pays out cash to investors
Payout Decision - how should the Firm divide up operating cash flows into cash
distributed to investors and cash reinvested in the firm's operations and assets
Is this a cash inflow or outflow?
Cash Outflow
Cash Outflow or Neither
Cash Inflow
Both - CORRECT ANSWER: Cash Outflow or Neither
,After calculating our cash flows, based on our 2020 projection, what are we assuming
that Intuit did with their Free Cash Flow?
Paid it all out to bondholders and shareholders
We still do not know because I have no idea how to do the cash flow calculations
Added all of it to their balance sheet except for the interest they had to pay
Added all of it to their balance sheet - CORRECT ANSWER: Added all of it to their
balance sheet except for the interest they had to pay
After calculating our cash flows, what is the best way to calculate the 2020 Cash and
Equivalents?
Keep hardcoded plug
2019 Cash and Equivalents + Free Cash Flow
2019 Cash and Equivalents + Free Cash Flow - Cash Outflow to Creditors - Cash
Outflow to Shareholders
2019 Cash and Equivalents + Cash Inflow from Assets - CORRECT ANSWER: 2019
Cash and Equivalents + Free Cash Flow - Cash Outflow to Creditors - Cash Outflow to
Shareholders
All else equal, what does decreasing the discount rate do to Discounted Payback
Period?
Increases
Changes the Decision
, No effect
Decreases - CORRECT ANSWER: Decreases
All else equal, what does decreasing the discount rate do to Payback Period?
Decreases
Changes the Decision
No effect
Increases - CORRECT ANSWER: No effect
All else equal, what does increasing the discount rate do to Discounted Payback
Period?
All else equal, which of the following changes would NOT definitely increase or
decrease the after-tax salvage value? In other words, which would you need additional
information to know for sure if it would increase or decrease the after-tax salvage value?
Higher sale price
Decrease Tax Rate
Lower initial investment
More depreciation - CORRECT ANSWER: Lower initial investment
Assume depreciation and amortization of $783mm and that this figure is included in the
cost of goods sold. What does this tell us?
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