Business finance exam - Study guides, Class notes & Summaries

FIN2603 Exam Pack 2023. The part of finance concerned with design and delivery of advice and financial products to individuals, businesses and the government is called ...  A. managerial finance.  B. financial advice.  C. financial services.  D. financial planning. Answer Key:C Question 2 of 20 1.0 Points What financial securities are likely to be traded on the JSE Limited?  A. Ordinary shares  B. Treasury bills  C. Commercial paper  D. Company bonds...

WGU D076 OA Questions and Answers Verified 100% What are the main services offered by financial institutions? A. Soliciting charitable donations and then managing the distribution of these funds B. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions C. Deciding which assets to invest in to create wealth in the future D. Evaluating sources of funding for a business project, the capital structure of a firm, or acti...

WALL STREET PREP EXAM (ACCOUNTING CRASH COURSE) QUESTIONS AND CORRECT ANSWERS 2024/2025. 2 / 30 m the federal ations ompanies he securities EC Financial 1. What is Accounting?: Accounting is the language of business; it is a standard set of rules for measuring a company's financial performance. Assessing a company's financial performance is important for: The firm's officers (managers and employees) Investors Lenders General public Standard financial statements serve as a "y...

Business Finance Exam with correct Answers

Problem 4-3 One Year Future Value (LG4-2) What is the future value of $650 deposited for one year earning an 10 percent interest rate annually? - Answer FVN = PV × (1 + i)N FV1 = $650 × (1 + 0.10)1 = $650 × 1.10 = $715 Or N = 1, I = 10, PV = −650, PMT = 0, CPT FV == 715 Problem 4-5 Multiyear Future Value (LG4-3) How much would be in your savings account in eight years after depositing $240 today if the bank pays 8 percent per year? - Answer FVN = PV × (1 + i)N...

LML4804 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA - (DETAILED ANSWERS - DISTINCTION GUARANTEED!) QUESTION 1 (GROSS INCOME) Mr Makubu is a South African resident who owns a panel beating (motor vehicle repair) business, His-Way Mechanics, in Pretoria. On 13 January 2023, Mr Makubu entered into a contract with Mr Naidoo whereby Mr Makubu was to purchase parts needed for the repair of vehicles in his business in Pretoria. The agreement provided that Mr Naidoo would be paid R10 000 upo...

The long-run goal of the firm is to - Answer maximize shareholder wealth Maximizing shareholder wealth means maximizing the - Answer market value of the firm's common stock Advantages of the corporation include - Answer Transferability of ownership and ability of the corporation to raise capital. Disadvantages of the partnership are - Answer lack of permanence and unlimited liability According to Principle 3, how should investors decide where to invest their money? - A...

When is the only time cash flows can be compared or combined? - Answer -when they are valued at the same point in time When you calculate a cash flow's future value, you must - Answer -compound it When you calculate a future cash flow's present value, you must - Answer -discount it When computing present or future values, what should you adjust to match the time period of the cash flows? - Answer -discount rate How is an APR period rate converted to a different numb...

CPR3701 Assignment 2 (COMPLETE ANSWERS) Semester 1 2024 (262267) - DUE 29 April 2024 ;100% TRUSTED workings, explanations and solutions. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9............ Question 1 Not yet answered Marked out of 1.00 Flag question Question text Choose the CORRECT answer from the following statements a. A conviction on the competent verdict must be regarded as an acquittal on the original charge b. Where the express charge is not proved by the prosecution, the cou...