FIN100 HK1. Principles of Finance
California State University - Los Angeles
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FIN100-HK1. Principles of Finance - Final Term Exam Questions And Answers
- Exam (elaborations) • 410 pages • 2022
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The primary goal of a publicly owned corporation is to maximize shareholder wealth The five basic principles of finance include al of the following EXCEPT: incremental profits determine value All of t he following measure liquidity EXCEPT operating return on assets Williams Inc. has a current ratio equal to 3, a quick ratio equal to 1.8, and total current assets of 6 million. Williams' inventory balance is: 2,400,000 Benkart Corporation has sales of 5,000,000, net income of 800,000, total asset...
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