Exam (elaborations)
FIN100-HK1. Principles of Finance - Final Term Exam Questions And Answers
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The primary goal of a publicly owned corporation is to maximize shareholder wealth The five basic principles of finance include al of the following EXCEPT: incremental profits determine value All of t he following measure liquidity EXCEPT operating return on assets Williams Inc. has a current ratio equal to 3, a quick ratio equal to 1.8, and total current assets of 6 million. Williams' inventory balance is: 2,400,000 Benkart Corporation has sales of 5,000,000, net income of 800,000, total assets of 2,000,000 and 100,000 shares of common stock outstanding. If Benkart's P/E ratio is 12, what is the company's current stock price? $96 per share
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California State University - Los Angeles
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- Uploaded on
- October 3, 2022
- Number of pages
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- Written in
- 2022/2023
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fin100 hk1 principles of finance final term exam questions and answers
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the primary goal of a publicly owned corporation is to maximize shareholder wealth the five basic principles of finance includ
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