WGU D076 Finance Skills for Managers |OA|
objective assessment | 5 Different
Versions|PRACTICE QUESTIONS AND CORRECT
VERIFIED ANSWERS (complete solutions)
ASSURED SUCCESS/GRADED A+!!!
Accounting - ---CORRECT ANSWER-The system of recording, reporting,
and summarizing past financial Accounts Receivable Turnover (AR
Turnover) - ---CORRECT ANSWER-An activity ratio found by credit sales
divided by accounts receivable.
Activity Ratios - ---CORRECT ANSWER-A category of ratios that measure
how well a company uses its assets to generate sales or cash, showing
the firm's operational efficiency and profitability.
Additional Funds Needed (AFN) - ---CORRECT ANSWER-Another name
for the discretionary financing needed or external financing needed. It
,represents the additional financing needed given a firm's expectations
for future growth.
WGU D076 Finance Skills for Managers |OA| objective assessment | 5
Different Versions| Final paper|2025 Update with complete solution.
Affirmative Covenants - ---CORRECT ANSWER-A bond covenant that
describes things the company pledges itself to do in order to protect
bondholders.
Agency Costs - ---CORRECT ANSWER-Costs that are incurred when
management does not act in the best interest of shareholders.
Agency Problem - ---CORRECT ANSWER-When the agent (the
management) does not act in the best interest of the principal (the
owners).
Aggressive Assets - ---CORRECT ANSWER-Companies or securities with
beta greater than 1.
, Annual Percentage Rate - ---CORRECT ANSWER-The annual interest rate
that is charged for borrowing money or that is earned through
investment.
Annuity - ---CORRECT ANSWER-A stream of cash flows of an equal
amount paid every consecutive period.
Annuity Due - ---CORRECT ANSWER-A series of equal payments made at
the beginning of consecutive periods.
Asset Pricing - ---CORRECT ANSWER-The process of valuing assets.
Auction Market - ---CORRECT ANSWER-A secondary market with a
physical location and where prices are determined by investors'
willingness to pay.
Average Collection Period (ACP) - ---CORRECT ANSWER-An activity ratio
found by the number of days in a year (365) divided by AR turnover.
Balance Sheet Forecasting - ---CORRECT ANSWER-Using sales growth
and the profit forecast to construct a pro forma balance sheet to
understand the future implications of the sources and uses of finances.
objective assessment | 5 Different
Versions|PRACTICE QUESTIONS AND CORRECT
VERIFIED ANSWERS (complete solutions)
ASSURED SUCCESS/GRADED A+!!!
Accounting - ---CORRECT ANSWER-The system of recording, reporting,
and summarizing past financial Accounts Receivable Turnover (AR
Turnover) - ---CORRECT ANSWER-An activity ratio found by credit sales
divided by accounts receivable.
Activity Ratios - ---CORRECT ANSWER-A category of ratios that measure
how well a company uses its assets to generate sales or cash, showing
the firm's operational efficiency and profitability.
Additional Funds Needed (AFN) - ---CORRECT ANSWER-Another name
for the discretionary financing needed or external financing needed. It
,represents the additional financing needed given a firm's expectations
for future growth.
WGU D076 Finance Skills for Managers |OA| objective assessment | 5
Different Versions| Final paper|2025 Update with complete solution.
Affirmative Covenants - ---CORRECT ANSWER-A bond covenant that
describes things the company pledges itself to do in order to protect
bondholders.
Agency Costs - ---CORRECT ANSWER-Costs that are incurred when
management does not act in the best interest of shareholders.
Agency Problem - ---CORRECT ANSWER-When the agent (the
management) does not act in the best interest of the principal (the
owners).
Aggressive Assets - ---CORRECT ANSWER-Companies or securities with
beta greater than 1.
, Annual Percentage Rate - ---CORRECT ANSWER-The annual interest rate
that is charged for borrowing money or that is earned through
investment.
Annuity - ---CORRECT ANSWER-A stream of cash flows of an equal
amount paid every consecutive period.
Annuity Due - ---CORRECT ANSWER-A series of equal payments made at
the beginning of consecutive periods.
Asset Pricing - ---CORRECT ANSWER-The process of valuing assets.
Auction Market - ---CORRECT ANSWER-A secondary market with a
physical location and where prices are determined by investors'
willingness to pay.
Average Collection Period (ACP) - ---CORRECT ANSWER-An activity ratio
found by the number of days in a year (365) divided by AR turnover.
Balance Sheet Forecasting - ---CORRECT ANSWER-Using sales growth
and the profit forecast to construct a pro forma balance sheet to
understand the future implications of the sources and uses of finances.
