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Exam (elaborations)

Finance Final Exam COB 300 JMU QUESTIONS AND CORRECT ANSWERS | NEW UPDATE 2025

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Finance Final Exam COB 300 JMU QUESTIONS AND CORRECT ANSWERS | NEW UPDATE 2025

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COB 300
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April 9, 2025
Number of pages
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2024/2025
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Questions & answers

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  • finance final exam cob 300 jmu questions and corre
  • finance final exam cob 300
  • the primary goal of financial management is to max
  • characteristics of a corporation owner liability

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Finance Final Exam COB 300 JMU
QUESTIONS AND CORRECT ANSWERS |
NEW UPDATE 2025
The Primary goal of financial management is to maximize? - ANSWER The
market value of owners equity


Characteristics of a corporation? Owner liability and control? - ANSWER Owner
has limited liability and owner has no operating control


Which one has double taxation? - ANSWER C-corp


Dividends are determined by? - ANSWER Corporations board of directors


Investors capital is best characterized as? - ANSWER The sum of the market
value of debt and market value of equity


The rate of tax on the next dollar earned is? - ANSWER marginal tax rate


How to calculate tax on sale: - ANSWER Price sold for - Book value = Gain *
Marginal tax rate = Tax on sale


The Cash Conversion Cycle - ANSWER Days sale outstanding + days in inventory
- the days payable outstanding
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