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BFIN300 Exam Questions And Answers
Latest Updated 2025 |100% Verified.
The process of planning and managing a firm's long-term investments is called: -
Answer✔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 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 the firm ultimately rests with the... - Answer✔stockholders
which of the following should a manager take into account when considering an opportunity?
a. how much each they expect to recieve
1
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b. when they will receive the funds
c. how likely they are to receive funds
d. all of the above - Answer✔D. all of the above
ABC corp has current assets of $5,200, fixed assets of $26,000, current liabilities of $4,900, and
longer term debt of $15,000. What is the ABC Corp's total equity? What is the NWC of ABC
Corp. - Answer✔Total Equity $11300, NWC $300
XYZ Corp's balance sheet of 2019 showed net fixed assets of $1.56 million, and the 2020
balance sheet showed net fixed assets of $1.78million. The company's 2020 net income
statement showed a depreciation expense of $140,000. What was the company's net capital
spending for 2020? - Answer✔$360,000
Which one of the following is the financial statement which shows the accounting value of a
firm's equity as of a particular date?
a. income statement
b. creditor statement
c. balance sheet
d. statement of cash flows
e. dividend statement - Answer✔c. balance sheet
which is a financial leverage ratio?
a. current ratio
b. profit margin
c. price to book value
d. debt to equity
e. inventory turnover - Answer✔d. debt to equity ratio.
Which is a key turnover ratio?
2
BFIN300 Exam Questions And Answers
Latest Updated 2025 |100% Verified.
The process of planning and managing a firm's long-term investments is called: -
Answer✔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 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 the firm ultimately rests with the... - Answer✔stockholders
which of the following should a manager take into account when considering an opportunity?
a. how much each they expect to recieve
1
, ©EVERLY 2025 ALL RIGHTS RESERVED
b. when they will receive the funds
c. how likely they are to receive funds
d. all of the above - Answer✔D. all of the above
ABC corp has current assets of $5,200, fixed assets of $26,000, current liabilities of $4,900, and
longer term debt of $15,000. What is the ABC Corp's total equity? What is the NWC of ABC
Corp. - Answer✔Total Equity $11300, NWC $300
XYZ Corp's balance sheet of 2019 showed net fixed assets of $1.56 million, and the 2020
balance sheet showed net fixed assets of $1.78million. The company's 2020 net income
statement showed a depreciation expense of $140,000. What was the company's net capital
spending for 2020? - Answer✔$360,000
Which one of the following is the financial statement which shows the accounting value of a
firm's equity as of a particular date?
a. income statement
b. creditor statement
c. balance sheet
d. statement of cash flows
e. dividend statement - Answer✔c. balance sheet
which is a financial leverage ratio?
a. current ratio
b. profit margin
c. price to book value
d. debt to equity
e. inventory turnover - Answer✔d. debt to equity ratio.
Which is a key turnover ratio?
2
