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Capital Budgeting

Total questions: 10

Worksheet time: 18mins

Name
Class
Date
1.

Finance Functions are

a)

Planning for funds

b)

Raising of funds

c)

Allocation of resources

d)

All the above

2.

The Primary goal of financial management is

a)

to maximise return

b)

to minimize risk

c)

to maximize the wealth of owners

d)

to maximize profit

3.

The process of calculating present value of future cash flows

a)

compounding

b)

discounting

c)

both compounding and discounting

d)

none of the above

4.

what will be the present value of Rs.40,00,000 receivable at the end of 3 years at an interest rate 7%

(a)  

5.

A _____________________ is a report of the balances in all assets, liability, and owner's equity accounts at the end of a accounting period

a)

statement of cash flows

b)

balance sheet

c)

income statement

d)

financial statement

6.

What is the Payback Period in capital budgeting?

a)

The Payback Period is the internal rate of return of a project

b)

The Payback Period in capital budgeting is the time it takes for a project to recoup its initial investment.

c)

The Payback Period is the total revenue generated by a project

d)

The Payback Period is the net present value of a project

7.

What is the Profitability Index (PI) and how is it calculated?

a)

PI = Operating Income / Initial Investment

b)

PI = Present Value of Future Cash Flows / Initial Investment

c)

PI = Net Income / Initial Investment

d)

PI = Total Revenue / Initial Investment

8.

A set of projects in which the acceptance of one project means that the others cannot be accepted

a)

Replacement Decision

b)

Expansion Decision

c)

Independent Projects

d)

Mutually Exclusive Projects

9.

If the current Yield of government Bond is 5% and the risk is 3% then Risk Adjusted Discounting Rate is _____

a)

8%

b)

2%

c)

11%

d)

15%

10.

A project costs 25,000 rupees , scrap value 5000 rupees , life of the project 5 years and annual average income before depreciation and tax 7,200 rupees. Assuming the tax rate at 50% and depreciation on straight line basis. Calculate ARR.

(a)