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Corporate Finance and Policy

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

EBIT stands for

a)

Earnings before Interest and Tax

b)

Earnings before Interest and Tariff

c)

Earn before Interest and Tax

d)

Earnings before Investment and Tax

2.

External sources of funds are

a)

(A) Funds from long term loans

b)

(B) Sale of fixed assets

c)

(C) Both (A) and (B)

d)

(D) None of the above

3.

BANK OVERDRAFT IS A FORM OF

a)

SHORT TERM FUNDS

b)

LONG TERM FUNDS

c)

BOTH

d)

NONE OF THE ABOVE

4.

Financial management is mainly concerned with

a)

All aspects of acquiring and utilizing financial resources for firms activities

b)

Arrangement of funds

c)

Efficient Management of every business

d)

Profit maximisation

5.

The primary goal of financial management is

a)

to maximize the return

b)

to minimize the risk

c)

to maximize wealth of owners

d)

to maximize profit

6.

Market value of shares is influenced by

a)

financing decision

b)

investment decision

c)

dividend decision

d)

financial decision

7.

A decision to acquire a new and modern plant to upgrade an old one is a

a)

financing decision

b)

working capital decision

c)

investment decision

d)

none of the above

8.

In a financial market, the price to borrow money is called the?

a)

Deposit

b)

Interest Rate

c)

Credit

d)

Cost

9.

Which of the following can't be a Capital Structure?

a)

Equity + Debentures

b)

Equity only

c)

Preference Shares only

d)

Equity + Preference

10.

Which is the cheapest Source of Finance

a)

Debt

b)

Equity

11.

The overall financial risk depends upon the

a)

Proportion of debt in the total capital

b)

Proportion of equity in the total capital

c)

Both of the above

d)

None of the above

12.

A firm should use .............. when evaluating an investment

a)

the least costly source of financing

b)

the most costly source of financing

c)

the weighted average cost of all financing sources

d)

the current opportunity cost

13.

A firm has common stock with a market price of $25 per share and an expected dividend of $2 per share at the end of the coming year. The growth rate in dividends has been 5%. The cost of the firm's commonstock equity is

a)

5%

b)

8%

c)

10%

d)

13%

14.

What are the components of capital structure

a)

Debts and equity

b)

Debts, preference shares and equity

c)

Debts, revenue and equity

d)

None of the above

15.

Optimal capital structure consists of both the mix of debt and equity

a)

True

b)

False

16.

Identification of investment proposals is the first step in capital budgeting process

a)

True

b)

False

17.
Which financial decision help a businessman in opening a new branch of its business. 
a)
Financing decision
b)
Dividend decision
c)
Investment decision
d)
None of the above
18.

Capital budgeting related to

a)

long term assets

b)

short term assets

c)

long term assets and short term assets

d)

fixed assets

19.

Portion of Profit distributed to the shareholder is

a)

Interest

b)

Dividend

c)

Tax

d)

Earnings

20.

The cost of raising finance is

a)

promotion cost

b)

venture cost

c)

sinking cost

d)

floatation cost

21.

The inability of a business to meet its fixed financial obligations, like payment of interest, is known as

a)

Business risk

b)

Financial risk

c)

Long-term risk

d)

Market risk

22.

A company is likely to declare higher dividends if

a)

Tax rates are high

b)

Tax rates are relatively lower

c)

Tax rate has no effect on dividend declaration

d)

None of the above

23.

_________ involves increasing the proportion of debt and preference shares in total capital.

a)

Trading on equity

b)

Capital Budgeting

c)

Financing decision

d)

Financial Analysis

24.

Replacement of machinery is an example of...

a)

Growth of business

b)

Change in technique

c)

Technological Upgradation

25.

The process of calculating present value of future cash flows

a)

compounding

b)

discounting

c)

both compounding and discounting

d)

none of the above