Bfin exam questions - Study guides, Class notes & Summaries

BFIN 300 - FINAL EXAM 2024 Exam Questions With Solutions What is payback period rule? The length of time it takes for a project to return to its initial investment Based on the payback period rule, when is a project acceptable? If its calculated payback is less than the prespecificed number ex; two years What is discounted payback period rule? The length of time its takes for a project's discounted cash flows to equal its initial investment True or False; As long as the cash flows...

BFIN 300 midterm exam actual questions and answers with complete solution

BFIN 300 Final Exam Questions With Solutions Corporation Considered a legal person, separate and distinct from its shareholders. Shareholders select the board of directors, and the board selects the management team. Most important form of business in the US. Ownership can be easily transferred. Corporations suffer double taxation, pays taxes on its earnings and then shareholders also pay taxes. Sarbanes-Oxley Act Enacted by congress, requires each publicly traded company to give an a...

BFIN 300 Exam 3 Questions and Answers

BFIN 300 Midterm Exam Questions and Answers All Correct The process of planning and managing a firm's long-term investments is called: A. Capital Budgeting B. Working Capital C. Profit Maximization D. Capital Structure - Answer-A. Capital Budgeting Which of the following is an example of an indirect agency cost? A. Unnecessary corporate expenditure B. Management auditing expense C. A lost opportunity D. All the above - Answer-A. Unnecessary corporate expenditure Which of ...

BFIN Final Exam Questions With 100% Correct Answers Which one of the following is the financial statement which shows the accounting value of a firm's equity as of a particular date? (B-41; C-11) a) Income statement b) Creditor statement c) Balance sheet d) Statement of cash flows e) Dividend statement - answerBalance sheet Net working capital is defined as: (B-42; C-12) a) Total liabilities minus shareholders' equity b) Current liabilities minus shareholders' equity c) Fixed asse...

BFIN 300 Midterm Exam Questions with Correct Answers Which of the following is an example of an indirect agency cost? A. Unnecessary corporate expenditure B. Management auditing expense C. A lost opportunity D. All of the above - Answer-C. A lost opportunity Which of the following forms of business organization is subject to double taxation? A. Corporation B. Partnership C. Limited Partnership D. Sole Proprietorship - Answer-A. Corporation Control of a firm ultimately re...

BFIN Final Exam UPDATED ACTUAL Questions and CORRECT Answers With good accounting knowledge, a financial manager can - CORRECT ANSWER- understand financial data of the firm Accounting can help financial managers: - CORRECT ANSWER- to interpret and use financial information in allocating financial resources more efficiently The field of finance is closely linked to: - CORRECT ANSWER- accounting and economics

BFIN 300 Exam 3 Questions With Solutions solvency the value of your assets exceeds the value of liabilities market value the price that assets, liabilities, or equity can be bought or sold book value The cost of a fixed asset less accumulated depreciation. income statement purpose measures financial performance over a period of time income = Revenue - Expenses