1. Regarding financial resources, financial management is
concerned with the efficiency and effectiveness of which of the
following?
2. Which of the following financial management-related areas are
considered long-term issues?
3. Which one of the following would be considered a long-term
financial management activity or concern?
4. Financial management involves decisions and activities that deal
with
5. Which of the following "tools" are likely to be used in financial
management?
6. A company has the following target capital structure and
costs:The company's marginal tax rate is 30%. What is the company's
weighted-average cost of capital?
7. A company has the following financial information: To
maximize shareholder wealth, the company should accept projects
with returns greater than what percent?
8. The measurement of the benefit lost by using resources for one
purpose and not another is
9. Which of the following statements is correct regarding the
weighted-average cost of capital (WACC)?
10. Carter Co. paid $1,000,000 for land three years ago. Carter
estimates it can sell the land for $1,200,000, net of selling costs. If the
land is not sold, Carter plans to develop the land at a cost of
$1,500,000. Carter estimates net cash flow from the development in the
first year of operations would be $500,000. What is Carter's
opportunity cost of the development?