Full Test Bank - Fundamentals Of Corporate
Finance 13th Edition, By Stephen A. Ross
With All Chapters 1-27/ Latest Version
1
,part 1: overview of corporate finance __________________________________________________________ 3
chapter 1: introduction to corporate finance ___________________________________________________________ 3
chapter 2: financial statements, taxes, and cash flow ___________________________________________________ 48
part 2: financial statements and long-term financial planning ____________________________________ 153
chapter 3: working with financial statements ________________________________________________________ 153
chapter 4: long-term financial planning and growth ___________________________________________________ 256
part 3: valuation of future cash flows ________________________________________________________ 338
chapter 5: introduction to valuation: the time value of money __________________________________________ 338
chapter 6: discounted cash flow valuation ___________________________________________________________ 435
chapter 7: interest rates and bond valuation _________________________________________________________ 599
chapter 8: stock valuation ________________________________________________________________________ 725
part 4: capital budgeting __________________________________________________________________ 849
chapter 9: net present value and other investment criteria _____________________________________________ 849
chapter 10: making capital investment decisions _____________________________________________________ 954
chapter 11: project analysis and evaluation _________________________________________________________ 1065
part 5: risk and return ___________________________________________________________________ 1140
chapter 12: some lessons from capital market history ________________________________________________ 1140
chapter 13: return, risk, and the security market line _________________________________________________ 1240
part 6: cost of capital and long-term financial policy ___________________________________________ 1355
chapter 14: cost of capital _______________________________________________________________________ 1355
chapter 15: raising capital _______________________________________________________________________ 1463
chapter 16: financial leverage and capital structure policy _____________________________________________ 1538
chapter 17: dividends and payout policy ___________________________________________________________ 1634
part 7: short-term financial planning and management ________________________________________ 1727
chapter 18: short-term finance and planning ________________________________________________________ 1727
chapter 19: cash and liquidity management ________________________________________________________ 1841
chapter 20: credit and inventory management ______________________________________________________ 1920
part 8: topics in corporate finance _________________________________________________________ 1993
chapter 21: international corporate finance ________________________________________________________ 1993
chapter 22: behavioral finance: implications for financial manage ______________________________________ 2079
chapter 23: enterprise risk management ___________________________________________________________ 2112
chapter 24:options and corporate finance __________________________________________________________ 2160
chapter 25: option valuation _____________________________________________________________________ 2232
chapter 26: mergers and acquisitions ______________________________________________________________ 2301
chapter 27: leasing _____________________________________________________________________________ 2366
2
,chapter 1-27 (also answers are at the end of each chapter)
part 1: overview of corporate finance
chapter 1: introduction to corporate finance
student name:
the controller, rather than the treasurer, is typically responsible for which one of the following
functions?
1)
a) depositing cash receipts
b) processing cost reports
c) analyzing equipment purchases
d) approving credit for a customer
e) paying a vendor
ans: b
the controller is typically responsible for the financial accounting and reporting functions, such as
processing cost reports. the treasurer typically manages cash flow, funding, and capital structure.
question details
accessibility: keyboard navigation accessibility: screen reader compatible difficulty: 1 basic
learning objective: 01-01 define the basic types of financial management decisions and the role of t section: 1.1 finance: a
quick look
topic: management organization and roles aacsb : reflective thinking
bloom’s: remember
usually, the treasurer of a corporation reports directly to the:
2)
3
, a) board of directors
b) chair of the board
c) chief executive officer
d) president
e) vice president of finance
ans: e
the treasurer generally reports to the vice president of finance or the chief financial officer (cfo), not
directly to the ceo or board members. the vp of finance oversees both the treasurer and controller
functions.
question details
accessibility: keyboard navigation accessibility: screen reader compatible difficulty: 1 basic
learning objective: 01-01 define the basic types of financial management decisions and the role of t section: 1.1 finance: a
quick look
topic: management organization and roles aacsb : reflective thinking
bloom’s: remember
in a typical corporate organizational structure:
3)
a) the vice president of finance reports to the chair of the board.
b) the chief executive officer reports to the president.
c) the controller reports to the chief financial officer.
d) the treasurer reports to the president.
e) the chief operations officer reports to the vice president of production.
ans: c
the controller typically reports to the cfo (chief financial officer), who is responsible for managing both
accounting (controller) and financial operations (treasurer) functions..
question details
accessibility: keyboard navigation accessibility: screen reader compatible difficulty: 1 basic
learning objective: 01-01 define the basic types of financial management decisions and the role of t section: 1.1 finance: a
quick look
topic: management organization and roles aacsb : reflective thinking
bloom’s: remember
4
Finance 13th Edition, By Stephen A. Ross
With All Chapters 1-27/ Latest Version
1
,part 1: overview of corporate finance __________________________________________________________ 3
chapter 1: introduction to corporate finance ___________________________________________________________ 3
chapter 2: financial statements, taxes, and cash flow ___________________________________________________ 48
part 2: financial statements and long-term financial planning ____________________________________ 153
chapter 3: working with financial statements ________________________________________________________ 153
chapter 4: long-term financial planning and growth ___________________________________________________ 256
part 3: valuation of future cash flows ________________________________________________________ 338
chapter 5: introduction to valuation: the time value of money __________________________________________ 338
chapter 6: discounted cash flow valuation ___________________________________________________________ 435
chapter 7: interest rates and bond valuation _________________________________________________________ 599
chapter 8: stock valuation ________________________________________________________________________ 725
part 4: capital budgeting __________________________________________________________________ 849
chapter 9: net present value and other investment criteria _____________________________________________ 849
chapter 10: making capital investment decisions _____________________________________________________ 954
chapter 11: project analysis and evaluation _________________________________________________________ 1065
part 5: risk and return ___________________________________________________________________ 1140
chapter 12: some lessons from capital market history ________________________________________________ 1140
chapter 13: return, risk, and the security market line _________________________________________________ 1240
part 6: cost of capital and long-term financial policy ___________________________________________ 1355
chapter 14: cost of capital _______________________________________________________________________ 1355
chapter 15: raising capital _______________________________________________________________________ 1463
chapter 16: financial leverage and capital structure policy _____________________________________________ 1538
chapter 17: dividends and payout policy ___________________________________________________________ 1634
part 7: short-term financial planning and management ________________________________________ 1727
chapter 18: short-term finance and planning ________________________________________________________ 1727
chapter 19: cash and liquidity management ________________________________________________________ 1841
chapter 20: credit and inventory management ______________________________________________________ 1920
part 8: topics in corporate finance _________________________________________________________ 1993
chapter 21: international corporate finance ________________________________________________________ 1993
chapter 22: behavioral finance: implications for financial manage ______________________________________ 2079
chapter 23: enterprise risk management ___________________________________________________________ 2112
chapter 24:options and corporate finance __________________________________________________________ 2160
chapter 25: option valuation _____________________________________________________________________ 2232
chapter 26: mergers and acquisitions ______________________________________________________________ 2301
chapter 27: leasing _____________________________________________________________________________ 2366
2
,chapter 1-27 (also answers are at the end of each chapter)
part 1: overview of corporate finance
chapter 1: introduction to corporate finance
student name:
the controller, rather than the treasurer, is typically responsible for which one of the following
functions?
1)
a) depositing cash receipts
b) processing cost reports
c) analyzing equipment purchases
d) approving credit for a customer
e) paying a vendor
ans: b
the controller is typically responsible for the financial accounting and reporting functions, such as
processing cost reports. the treasurer typically manages cash flow, funding, and capital structure.
question details
accessibility: keyboard navigation accessibility: screen reader compatible difficulty: 1 basic
learning objective: 01-01 define the basic types of financial management decisions and the role of t section: 1.1 finance: a
quick look
topic: management organization and roles aacsb : reflective thinking
bloom’s: remember
usually, the treasurer of a corporation reports directly to the:
2)
3
, a) board of directors
b) chair of the board
c) chief executive officer
d) president
e) vice president of finance
ans: e
the treasurer generally reports to the vice president of finance or the chief financial officer (cfo), not
directly to the ceo or board members. the vp of finance oversees both the treasurer and controller
functions.
question details
accessibility: keyboard navigation accessibility: screen reader compatible difficulty: 1 basic
learning objective: 01-01 define the basic types of financial management decisions and the role of t section: 1.1 finance: a
quick look
topic: management organization and roles aacsb : reflective thinking
bloom’s: remember
in a typical corporate organizational structure:
3)
a) the vice president of finance reports to the chair of the board.
b) the chief executive officer reports to the president.
c) the controller reports to the chief financial officer.
d) the treasurer reports to the president.
e) the chief operations officer reports to the vice president of production.
ans: c
the controller typically reports to the cfo (chief financial officer), who is responsible for managing both
accounting (controller) and financial operations (treasurer) functions..
question details
accessibility: keyboard navigation accessibility: screen reader compatible difficulty: 1 basic
learning objective: 01-01 define the basic types of financial management decisions and the role of t section: 1.1 finance: a
quick look
topic: management organization and roles aacsb : reflective thinking
bloom’s: remember
4
