FIN 3113 Final Exam Review
Authored by Carson Horsburgh
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Can easily raise capital, continuity of life, protection of personal assets
Advantages of Corporation
Disadvantages of Corporation
Relevant Cash Flows in Capital Budgeting
Irrelevant Cash Flows in Capital Budgeting
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Tax implications, inflation, opportunity costs, changes in NWC, substitutionary and complementary costs
Advantages of Corporation
Disadvantages of Corporation
Relevant Cash Flows in Capital Budgeting
Irrelevant Cash Flows in Capital Budgeting
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Funding from Investors or Creditors
Ordinary Annuity
Annuity Due
Irrelevant Cash Flows in Capital Budgeting
Capital
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Interest earned only on the initial investment is ____________ interest
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Interest earned on initial investment as well as interest earned in previous periods
Simple Interest
Compound Interest
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the difference between an ordinary annuity and an annuity due?
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7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which financial statement shows a snapshot of a company's financials on a specific day?
Statement of Cash Flows
Balance Sheet
Income Statement
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