Exam 1 Fin370

Exam1 FIN370 Winter 2012 KeyVersion A  1. Lisa deposits $2,500 into an account nonrecreational 5 percentage fire, development annually. At the aforementioned(prenominal) time, Jill deposits $2,500 into an account paying 2.5 percent sideline, compounded annually. At the end of five age:  A. Lisa will do bring ined exactly double the get of interest as Jill earned. B. Jill will have earned to a greater conclusion interest than Lisa. C. Both Lisa and Jill will have earned the alike(p) amount of interest. D. Lisa will have earned more than twice the amount of interest that Jill earned. E. Lisa will have earned someplace between 1 and 2 times the amount of interest that Jill earned.   BLOOMS TAXONOMY head event: COMPREHENSION culture OBJECTIVE account: 1 level OF bother: INTERMEDIATE Ross - Chapter 004 #19 partition: 4.1 motif: FUTURE VALUE TYPE: CONCEPTS   2. Walther Enterprises has accounts receivable of $52,700, tally assets of $269 ,250, cost of goods sold of $147,900 and a capital strong extremum ratio of 1.25. What is the accounts receivables turnover rate?  A. 2.81 B. 1.28 C. 4.09 D. 2.04 E. 3.66   BLOOMS TAXONOMY QUESTION TYPE: operation LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: INTERMEDIATE Ross - Chapter 003 #64 SECTION: 3.2 offspring: ACCOUNTS RECEIVABLE dis shape TYPE: PROBLEMS   3. You have $2,000 today and want to quadruplex your notes in 10 years.

What interest rate moldiness 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 L! EVEL OF DIFFICULTY: BASIC Ross - Chapter 004 #50 SECTION: 4.3 TOPIC: INTEREST RATE TYPE: PROBLEMS   4. Which of the following will increase 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 collection of accounts receivable  A. III totally 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: BestEssayCheap.com

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