.Fillintheblanks:(10points,2pointsforeach)ⅠA卷1.Thethreebasicquestionsaddressedbyafinancialmanagerare:capitalbudgeting,capitalstructure,and.2.Thethreebasiclegalformsoforganizingabusinessare,partnerships,andcorporations.3.Cashflowisgeneratedbythefirmandpaidtocreditorsandshareholders.Itcanbedividedascashflow,cashflowfromchangesinfixedassetsandcashflowfromchangesinworkingcapital.4.ismeasuredascurrentassetsdividedbycurrentliabilities.5.Aformofequitywhichreceivespreferentialtreatmentinthepaymentofdividendsiscalled..ⅡMultipleChoice:(20points,1pointforeachproblem.)1.Thepersongenerallydirectlyresponsibleforoverseeingthecashandcreditfunctions,financialplanning,andcapitalexpendituresisthe:a.treasurer.b.director.c.controller.d.chairmanoftheboard.2.Theprimarygoaloffinancialmanagementisto:a.maximizecurrentdividendspershareoftheexistingstock.b.maximizethecurrentvaluepershareoftheexistingstock.c.avoidfinancialdistress.d.minimizeoperationalcostsandmaximizefirmefficiency.3.Whichoneofthefollowingstatementsiscorrectconcerningtheorganizationalstructureofacorporation?a.Thevicepresidentoffinancereportstothechairmanoftheboard.b.Thechiefexecutiveofficerreportstotheboardofdirectors.c.Thecontrollerreportstothepresident.d.Thetreasurerreportstothechiefexecutiveofficer.4.Whichoneofthefollowingisaprimarymarkettransaction?a.adealersellingsharesofstocktoanindividualinvestorb.adealerbuyingnewlyissuedsharesofstockfromacorporationc.anindividualinvestorsellingsharesofstocktoanotherindividuald.abanksellingsharesofamedicalfirmtoanindividual5.Thefinancialstatementshowingafirm’saccountingvalueonaparticulardateisthe:a.incomestatement.b.balancesheet.c.statementofcashflows.d.taxreconciliationstatement.6.A(n)____assetisonewhichcanbequicklyconvertedintocashwithoutsignificantlossinvalue.a.currentb.fixedc.intangibled.liquid7.Onekeyreasonalong-termfinancialplanisdevelopedisbecause:a.theplandeterminesyourfinancialpolicy.b.theplandeterminesyourinvestmentpolicy.c.therearedirectconnectionsbetweenachievablecorporategrowthandthefinancialpolicy.d.thereisunlimitedgrowthpossibleinawell-developedfinancialplan.8.Thecurrentratioismeasuredas:a.currentassetsminuscurrentliabilities.b.currentassetsdividedbycurrentliabilities.c.currentliabilitiesminusinventory,dividedbycurrentassets.d.cashonhanddividedbycurrentliabilities.9.TheExternalFundsNeeded(EFN)equationdoesnotmeasuresthe:a.additionalassetrequirementsgivenachangeinsales.b.additionaltotalliabilitiesfinancingraisedgiventhechangeinsales.c.rateofreturntoshareholdersgiventhechangeinsales.d.netincomeexpectedtobeearnedgiventhechangeinsales.10.Tocalculatesustainablegrowthrate,theanalystneedsthe:a.profitmargin.b.payoutratioandassetrequirementratio.c.debt-to-equityratio.d.Alloftheabove11.Theinterestratechargedperperiodmultipliedbythenumberofperiodsperyeariscalledthe_____rate.a.effectiveannualb.annualpercentagec.periodicinterestd.compoundinterest12.Youarecomparingtwoannuitieswhichoffermonthlypaymentsfortenyears.Bothannuitiesareidenticalwiththeexceptionofthepaymentdates.AnnuityApaysonthefirstofeachmonthwhileannuityBpaysonthelastdayofeachmonth.Whichoneofthefollowingstatementsiscorrectconcerningthesetwoannuities?a.Bothannuitiesareofequalvaluetoday.b.AnnuityBisanannuitydue.c.AnnuityAhasahigherfuturevaluethanannuityB.d.AnnuityBhasahigherpresentvaluethanannuityA.13.Thepresentvalueoffuturecash...
