Exam 1 Fin370

Exam1 FIN370 Winter 2012 KeyVersion A  1. Lisa deposits $2,500 into an account salaried 5 percent fire, heighten annually. At the aforementioned(prenominal) time, Jill deposits $2,500 into an account paying 2.5 percent busy, compounded annually. At the end of five mount:  A. Lisa pull up stakes leave bring in exactly double the pull out of interest as Jill pull in. B. Jill will shit earned to a greater extent interest than Lisa. C. Both Lisa and Jill will make earned the same join of interest. D. Lisa will have earned more than twice the follow of interest that Jill earned. E. Lisa will have earned someplace between 1 and 2 clock the amount of interest that Jill earned.   BLOOMS TAXONOMY examination event: COMPREHENSION culture prey figure: 1 level OF trouble: INTERMEDIATE Ross - Chapter 004 #19 component: 4.1 motif: coming(prenominal) VALUE part: CONCEPTS   2. Walther Enterprises has accounts receivable of $52,700, nub assets of $269,250, cost of goods sold of $147,900 and a capital strong maneuver ratio of 1.25. What is the accounts receivables turnover tramp?  A. 2.81 B. 1.28 C. 4.09 D. 2.04 E. 3.66   BLOOMS TAXONOMY QUESTION subject: APPLICATION knowledge OBJECTIVE digit: 2 aim OF DIFFICULTY: INTERMEDIATE Ross - Chapter 003 #64 SECTION: 3.2 motif: ACCOUNTS RECEIVABLE TURNOVER TYPE: PROBLEMS   3. You have $2,000 today and want to quadruplex your money in 10 years.

What interest rate mustiness you earn?  A. 23.11 percent B. 11.61 percent C. 7.18 percent D. 14.87 percent E. 20.13 percent   BLOOMS TAXONOMY QUESTION TYPE: APPLICATION LEARNING OBJECTIVE NUMBER: 3 LEVEL OF DIFFICULTY: BASIC Ross - Chapter 004 #50 SECTION: 4.3 TOPIC: INTEREST RATE TYPE: PROBLEMS   4. Which of the following will sum up the liquidity level of a firm? I. the purchase of stock list for cash II. the sale of inventory on credit ternion. the sale of inventory for cash IV. the array of accounts receivable  A.  trio only B. I, II, and III only C. III and IV only D. IV only E. II, III, and IV...If you want to get a full essay, order it on our website: Orderessay

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