BUSI 100 FINAL EXAM QUESTIONS AND ANSWERS
What was Mr. Hendricks lowest score on a college exam?
A. 24%
B. 31%
C. 47%
D. 52%
E. 64% - Answers - A. 24%
Which of the following metrics was not a kay performance indicator for the first 2 rounds
of the market games simulation?
A. Gross margins
B. Market Share
C. Net Income
D. Revenues
E. Stock price - Answers - C. Net Income
Without ______ Luca Pacioli indicates that it is impossible for merchants to "conduct
their business, for they would have no rest and their minds would always be troubled."
A. being a ready mathematician
B. "casting up shop" at the end of each year
C. profits
D. systematically arranging all transactions
E. sufficient cash - Answers - D. systematically arranging all transactions
Which of the following Franklin Street eateries was founded in Utah?
A. Crumbl
B. Mcdonalds
C. Chipotle
D. Roots
E. Papa Johns - Answers - A. Crumbl
The story of Gyges the shepherd from Plato's "The Republic" is put forth an argument to
support the idea that man prefers justice to injustice.
True
False - Answers - False
BradCo, a small airline reports $5 million in revenue, $4 million in expenses, $3 million
of assets, $2 million of liabilities, and $1 million of equity. Assuming the revenue multiple
for airlines is 1.5, what is an appropriate valuation for BradCo?
A. $7.5 million
B. $6 million
C. $3 million
D. $1.5 million
, E. None - Answers - A. $7.5 million
Defoe indicates that if it is too tedious to keep books exactly, partial book keeping still
provides many benefits to the merchant.
True
False - Answers - False
Thoreau notes that most of his townsmen have learned to read, not only to keep
accounts and not be cheated in trade, but also as a noble exercise.
True
False - Answers - False
DuPont, the firm showcased in Dark Waters, is a good example of firm operating under
these principles of stakeholder capitalism.
True
False - Answers - False
The famous praise Blackbeard's flagship, the Queen Anne's revenge, was discovered
off the coast of which North Carolina Town?
A. Beaufort
B. Chapel Hill
C. Morehead City
D. Nags Head
E. Wilmington - Answers - A. Beaufort
A firms revenue minus its _____ equals net income.
A. Assets
B. Equity
C. Expenses
D. Liabilities
E. None - Answers - C. Expenses
Plato felt that the fundamental key in the development of an economy was:
A. All things ascend
B. If one advances confidently in the direction of his dreams, and endeavors to live the
life which he has imagined, he will meet with a success unexpected in common hours
C. More things are produced, and better and more easily, when one man performs one
task according to nature, at the right moment, and at leisure from other occupations.
D. The general industry of the society never can exceed what the capital of the society
can employ
E. We should have a higher aim in mind as we pursue economic development -
Answers - C. More things are produced, and better and more easily, when one man
performs one task according to nature, at the right moment, and at leisure from other
occupations.
What was Mr. Hendricks lowest score on a college exam?
A. 24%
B. 31%
C. 47%
D. 52%
E. 64% - Answers - A. 24%
Which of the following metrics was not a kay performance indicator for the first 2 rounds
of the market games simulation?
A. Gross margins
B. Market Share
C. Net Income
D. Revenues
E. Stock price - Answers - C. Net Income
Without ______ Luca Pacioli indicates that it is impossible for merchants to "conduct
their business, for they would have no rest and their minds would always be troubled."
A. being a ready mathematician
B. "casting up shop" at the end of each year
C. profits
D. systematically arranging all transactions
E. sufficient cash - Answers - D. systematically arranging all transactions
Which of the following Franklin Street eateries was founded in Utah?
A. Crumbl
B. Mcdonalds
C. Chipotle
D. Roots
E. Papa Johns - Answers - A. Crumbl
The story of Gyges the shepherd from Plato's "The Republic" is put forth an argument to
support the idea that man prefers justice to injustice.
True
False - Answers - False
BradCo, a small airline reports $5 million in revenue, $4 million in expenses, $3 million
of assets, $2 million of liabilities, and $1 million of equity. Assuming the revenue multiple
for airlines is 1.5, what is an appropriate valuation for BradCo?
A. $7.5 million
B. $6 million
C. $3 million
D. $1.5 million
, E. None - Answers - A. $7.5 million
Defoe indicates that if it is too tedious to keep books exactly, partial book keeping still
provides many benefits to the merchant.
True
False - Answers - False
Thoreau notes that most of his townsmen have learned to read, not only to keep
accounts and not be cheated in trade, but also as a noble exercise.
True
False - Answers - False
DuPont, the firm showcased in Dark Waters, is a good example of firm operating under
these principles of stakeholder capitalism.
True
False - Answers - False
The famous praise Blackbeard's flagship, the Queen Anne's revenge, was discovered
off the coast of which North Carolina Town?
A. Beaufort
B. Chapel Hill
C. Morehead City
D. Nags Head
E. Wilmington - Answers - A. Beaufort
A firms revenue minus its _____ equals net income.
A. Assets
B. Equity
C. Expenses
D. Liabilities
E. None - Answers - C. Expenses
Plato felt that the fundamental key in the development of an economy was:
A. All things ascend
B. If one advances confidently in the direction of his dreams, and endeavors to live the
life which he has imagined, he will meet with a success unexpected in common hours
C. More things are produced, and better and more easily, when one man performs one
task according to nature, at the right moment, and at leisure from other occupations.
D. The general industry of the society never can exceed what the capital of the society
can employ
E. We should have a higher aim in mind as we pursue economic development -
Answers - C. More things are produced, and better and more easily, when one man
performs one task according to nature, at the right moment, and at leisure from other
occupations.
