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Exam (elaborations)
Principles of Finance Test 1 Chapters 1-4 with correct answers 100%
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---7April 20262025/2026A+
- Principles of Finance Test 1 Chapters 1-4 with correct answers 100% 
5 basic principles of finance - Correct Answer cash flow is what matters, 
money has a time value, 
risks require reward, 
market prices are generally right, 
conflicts of interest cause agency problems 
 
Incremental Cash Flow - Correct Answer The difference between the cash flow a company will produce both with an without an investment it is thinking about making. 
 
Opportunity Cost - Correct Answer The cost of making...
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Exam (elaborations)
Financial Planning I - Standards 1 and 2 with correct answers 100%
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---5April 20262025/2026A+
- Financial Planning I - Standards 1 and 2 with correct answers 100% 
1. Which is a measure of how well a business generates cash flow? A. accounts receivable B. accounts payable C. capital structure D. return on capital - Correct Answer return on capital 
 
Which are examples of deposit-taking financial institutions? A. commercial banks, credit unions, and brokerages B. commercial banks, corporations, and mutual savings banks C. credit unions, savings and loan associations, and commercial banks ...
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Exam (elaborations)
FIN 357 SB CH 4 with correct answers 100% 2026
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---4April 20262025/2026A+
- FIN 357 SB CH 4 with correct answers 100% 2026 
Dot's financial planning model shows assets are projected to increase by $800,000 but liabilities and equity increase by $395,000. What is the external financing need (EFN)? - Correct Answer $405,000 
 
Which of the following are common elements of a financial planning model? - Correct Answer 1. Sales Forecast 
2. Economic Assumptions 
3. Pro Forma Statements 
 
The degree of financial ___________ the firm chooses determines the amount of borr...
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Exam (elaborations)
FIN 357 exam 1 Concept questions with correct answers 100%
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---21April 20262025/2026A+
- FIN 357 exam 1 Concept questions with correct answers 100% 
Three types of financial management decisions - Correct Answer 1. Capital budgeting (deciding whether to expand a manufac plant) 
 
2. Capital structure (deciding whether to issue new equity and retire outstanding debt) 
 
3. Working capital management (modifying firms credit collection policy with customers) 
 
Disadvantages of Sole Proprietorship and Parterships - Correct Answer Disadvantages: unlimited liability, limited life, dif...
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Exam (elaborations)
BFIN 357 Final Exam with correct answers 100% 2026
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---24April 20262025/2026A+
- BFIN 357 Final Exam with correct answers 100% 2026 
An increase in interest rates could reduce a commercial bank's expected cash flows because the interest paid on deposits may increase to a greater degree than the interest earned on loans and investments. 
a. True b. False - Correct Answer a. True 
 
Whether a bank has a temporary or a permanent need for funds, the decision should be to borrow in the federal funds market. 
a. True b. False - Correct Answer b. False 
 
Prussian Bank has ass...
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Exam (elaborations)
FIN 357 CH4 with correct answers 100%
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---9April 20262025/2026A+
- FIN 357 CH4 with correct answers 100% 
A lack of effective long-range planning is commonly cited as a reason for ______. 
 
financial distress 
inflation 
negative interest yields 
financial prosperity - Correct Answer financial distress 
 
Financial planning is a(n) ______ process. 
static 
inert 
iterative 
one-time - Correct Answer iterative 
 
Growth, by itself, (is/isn't) a good financial goal. - Correct Answer isn't 
 
The smaller investment proposals of each operational unit are ...
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Exam (elaborations)
FIN 357 FINAL EXAM: Concepts from textbook with correct answers 100%
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---6April 20262025/2026A+
- FIN 357 FINAL EXAM: Concepts from textbook with correct answers 100% 
Changes in capital structure benefit the stockholders IF and ONLY IF the value of the firm increases - Correct Answer These changes hurt stockholders IF AND ONLY IF the value of the firm decreases 
 
No debt 
All-equity 
Unlevered - Correct Answer Has debt 
Debt and equity 
Levered 
 
MM Prop 1(no taxes) - Correct Answer The TOTAL value of a firm is always the same under different capital structures 
 
Homemade leverage - C...
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Exam (elaborations)
FIN 357 Exam 1 Ch 1 with correct answers 100% 2026
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---3April 20262025/2026A+
- FIN 357 Exam 1 Ch 1 with correct answers 100% 2026 
Capital Budgeting Q - Correct Answer Which long-term assets should we invest in? 
 
Capital Structure Q? - Correct Answer How should we finance the decision? 
 
Net working capital Q: - Correct Answer How should we obtain and manage everyday (current) finance (assets and liabilities)? 
 
What is capital budgeting? - Correct Answer the prices of planning and managing a firm's long term investments 
 
financial managers tries to find oppor...
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Exam (elaborations)
FINA 4357 MIDTERM II with correct answers 100% 2026
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---21April 20262025/2026A+
- FINA 4357 MIDTERM II with correct answers 100% 2026 
Benefits Provided (5) 
Workers Compensation Statutory Coverage - Correct Answer 1. Medical 
2. Rehabilitation 
3. Death 
4. Disability 
5. Indemnity (lost wages) 
 
What conditions are necessary for injury or illness to be considered compensatory under Workers Compensation? - Correct Answer Accidental injury or illness 
Arising from employment 
In the course of employment 
 
Independent Contractors 
Workers Compensation - Correct Answer Not...
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Exam (elaborations)
FINA 4357 EXAM I with correct answers 100% 2026
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---9April 20262025/2026A+
- FINA 4357 EXAM I with correct answers 100% 2026 
Negligence - Correct Answer Failure to exercise the degree of care that a reasonable person in a similar situation would do to avoid harming others 
 
4 Elements of Negligence - Correct Answer 1. Legal duty owed 
2. Legal duty breached 
3. Actual damages resulted 
4. Proximate/close connection between defendant's actions and the plaintiff's injuries 
 
Defense Against Negligence Claims - Correct Answer - Refute one (or more) element(s) 
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