Archives: Quiz
Economics Chapter 9 1 While Everyone Wants Clean Environment Can Very
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 09 Test Bank KEY 1. While everyone wants a clean environment, it can be very hard to achieve. An […]
Finance Chapter 14 1 Stocks Par Value The Maturity Value
Chapter 14 Test bank – Static Key 1. Only a portion of the board of directors are up for election in any given year when a firm has a classified board. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 2 […]
Economics Chapter 8 2 Jason Spends All Afternoon Baking Cake
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 02 Medium Learning Objective: 08-02 Explain why sunk costs should not […]
Finance Chapter 13 2 For Company That Pays Corporate Taxes
Topic: Weighted-average cost of capital 58. For a company that pays no corporate taxes, its WACC will be equal to: AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Gradable: automatic Learning Objective: 13-01 Calculate the weighted average […]
Economics Chapter 8 1 Economists Make The General Assumption That People
8-1 Chapter 08 Test Bank KEY 1. Economists make the general assumption that: A. people are rational, but their behavior doesn’t always follow this assumption. B. people are irrational, but there are some correlations in behavior that have been proven. […]
Economics Chapter 7 3 Joe Has Budget Constraint The Graph Shown
7-38 If Joe has budget constraint C in the graph shown, what is the relative price of three gallons of milk? A. 2 cases of soda B. 4 cases of soda C. $12 D. $9 AACSB: Reflective Thinking Blooms: Understand […]
Finance Chapter 13 1 Capital Structure Decisions Refer The Dividend
Chapter 13 Test bank – Static Key 1. Capital structure refers to a firm’s mix of long-term debt and equity financing. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning Objective: 13-03 Measure a company’s capital […]
Economics Chapter 7 2 They Cost Twice Much Earrings They Cost
7-21 A. They cost twice as much as earrings. B. They cost half as much as earrings. C. Suzi likes hairbands more than earrings. D. Suzi is willing to pay twice as much for hairbands. AACSB: Reflective Thinking Blooms: Understand […]
Finance Chapter 12 2 Stock With Beta 14 Expected Return
61. If a stock with a beta of 1.4 is expected to return 18% when Treasury bills yield 6%, what is the expected return on the market portfolio? AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Analyze Difficulty: 2 Medium Gradable: […]
Finance Chapter 12 1 The Security Market Line Displays The Relationship
Chapter 12 Test bank – Static Key 1. The capital asset pricing model (CAPM) assumes that the stock market is dominated by well-diversified investors who are concerned only with market risk. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 […]
Economics Chapter 7 1 Utility Is Way Describing Consumers Wants Only
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 07 Test Bank KEY 1. Utility is: A. a way of describing a consumer’s wants. B. only applicable to […]
Economics Chapter 6 4 When Tax Placed Buyers The Resulting
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 121. When a tax is placed on buyers: A. the resulting price paid by consumers is the same as if […]
Finance Chapter 11 2 Calculate The Variance Returns For Alpha
56. Calculate the variance of returns for Alpha stock with the following historical rates of return: 2013 20% 2014 25% 2015 30% A. 16.67 B. 33.33 C. 50.00 D. 100.00 Mean = (20% + 25 + 30) / 3 = […]
Economics Chapter 6 3 Decrease Demand Increase Demand Decrease Quantity Demanded
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. A. a decrease in demand. B. an increase in demand. C. a decrease in quantity demanded. D. an increase in […]
Finance Chapter 11 1 Share Stock Currently Sells For 60
Chapter 11 Test bank – Static Key 1. A market index is used to measure performance of a broad-based portfolio of stocks. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning Objective: 11-01 Estimate the opportunity […]
Finance Chapter 10 2 The Level Sales Less Than That
59. Calculate the NPV break-even level of sales for a project requiring an investment of $3 million and providing annual cash flows equal to 15% of sales less $250,000. None of the initial investment is recoverable. Assume the project will […]
Economics Chapter 6 2 Prominent Argument Against The Use Price
6-21 Difficulty: 3 Hard Learning Objective: 06-01 Calculate the effect of a price ceiling on the equilibrium price and quantity. Topic: Price Controls 52. A prominent argument against the use of price ceilings is: A. they are unfair. B. they […]
Economics Chapter 6 1 Type Public Policy Set Response Rising Prices
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 06 Test Bank KEY 1. A type of public policy set in response to rising prices of a basic […]
Finance Chapter 10 1 What Level Management Responsible For Originating
Chapter 10 Test bank – Static Key 1. A capital budget shows a proposed list of investments. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning Objective: 10-01 Understand how companies organize the investment process so […]
Finance Chapter 9 2 Methods Accelerated Depreciation Allow More Total
60. Which one of the following categories would be least likely to require annual adjustments in a capital budgeting analysis due to the effects of inflation? AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Apply Difficulty: 1 Easy Gradable: automatic Learning […]
Economics Chapter 5 4 According The Graph Shown The Market
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 107. According to the graph shown, if the market goes from equilibrium to having its price set at $10 then: […]
Economics Chapter 5 3 Assuming The Market Equilibrium The Graph
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. 76. Assuming the market is in equilibrium in the graph shown with demand D and supply S1, consumer surplus is: […]
Finance Chapter 9 1 Corporate Income Statements Are Designed Primarily
Chapter 09 Test bank – Static Key 1. Capital budgeting analysis focuses on cash flow as opposed to profits. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning Objective: 09-01 Identify the cash flows from a […]
Finance Chapter 8 2 Which Mutually Exclusive Project Would You
60. Which mutually exclusive project would you select, if both are priced at $1,000 and your required return is 15%: Project A with three annual cash flows of $1,000; or Project B, with 3 years of zero cash flow followed […]
Economics Chapter 5 2 Total Producer Surplus Would Increase 5 Total
5-21 A. total producer surplus would increase to $5. B. total producer surplus would decrease to $1. C. total producer surplus would increase to $17. D. total producer surplus would decrease to $7. AACSB: Knowledge Application Accessibility: Keyboard Navigation Blooms: […]
Finance Chapter 8 1 Projects Opportunity Cost Capital Is The
Chapter 08 Test bank – Static Key 1. As the opportunity cost of capital decreases, the net present value of a project increases. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Gradable: automatic Learning Objective: 08-01 Calculate […]
Economics Chapter 5 1 Economics The Concept Surplus Measures The Benefit
5-1 Chapter 05 Test Bank KEY 1. In economics, the concept of surplus: A. measures the benefit that people receive when they buy something for less than they would have been willing to pay. B. measures the benefit that people […]
Finance Chapter 7 2 Under Which The Following Forms Market
60. Under which of the following forms of market efficiency would stock prices always reflect fair value? AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Gradable: automatic Learning Objective: 07-04 Understand what professionals mean when they say […]
Economics Chapter 4 2 The Amount That Firm Receives From
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Learning Objective: 04-02 Explain how the determinants of price elasticity of demand affect the degree of elasticity. Topic: Total Revenue […]
Finance Chapter 7 1 The Growth Mature Companies Primarily Funded
Chapter 07 Test Bank – Static Key 1. The dividend discount model states that the value of a stock is the present value of the dividends it will pay over the investor’s horizon, plus the present value of the expected […]
Economics Chapter 4 1 Price Elasticity Measure How Much Market Responds
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 04 Test Bank KEY 1. Price elasticity is a measure of how A. much a market responds to a […]
Finance Chapter 6 2 Which The Following Would Not Associated
Topic: Bond types 59. Which of the following would not be associated with a zero-coupon bond? AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Gradable: automatic Learning Objective: 06-01 Distinguish among a bond’s coupon rate, current yield, […]
Economics Chapter 3 3 This Table Shows The Demand And
3-34 AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Evaluate Difficulty: 3 Hard Learning Objective: 03-07 Evaluate the effect of changes in supply and demand on the equilibrium price and quantity. Topic: Equilibrium 141. Consider the market for ride-on lawn mowers […]
Finance Chapter 6 1 The Coupon Rate Bond Equals Its
Chapter 06 Test Bank – Static Key 1. When a bond matures, the issuer repays the bond’s face value. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning Objective: 06-01 Distinguish among a bond’s coupon rate, […]
Economics Chapter 3 2 This Table Shows Individual Demand Schedules
3-21 A. 18 B. 36 C. 75 D. 47 AACSB: Analytical Thinking Blooms: Analyze Difficulty: 3 Hard Learning Objective: 03-03 Distinguish between a shift in and a movement along the demand curve. Topic: Demand 85. This table shows individual demand […]
Finance Chapter 5 3 What The Annually Compounded Rate Interest
90. What is the annually compounded rate of interest on an account with an APR of 10% and monthly compounding? AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Analyze Difficulty: 2 Medium Gradable: automatic Learning Objective: 05-04 Compare interest rates quoted […]
Economics Chapter 3 1 Economy Where Private Individuals Guided The Invisible
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 03 Test Bank KEY 1. An economy where private individuals guided by the invisible hand make decisions is known […]
Finance Chapter 5 2 Borrowed For Home Mortgage Repaid
61. If $120,000 is borrowed for a home mortgage, to be repaid at 9% interest over 30 years with annual payments of $11,680.36, how much interest (as opposed to return of capital) is paid in the last year of the […]
Economics Chapter 2 3 Suppose That Worker Country Can Make
2-38 AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Learning Objective: 02-02 Define absolute and comparative advantage. Topic: Absolute and Comparative Advantage 100. Suppose that a worker in Country A can make either 25 bananas or 5 […]
Finance Chapter 5 1 What The Future Value 10000 Deposit
Chapter 05 Test Bank – Static Key 1. Compound interest pays interest for each time period on the original investment plus the accumulated interest. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning Objective: 05-01 Calculate […]
Economics Chapter 2 2 Tom And Jerry Have Two Tasks
2-21 53. Refer to the figure shown, which represents the production possibilities frontiers for Countries A and B. If Country A were to divide its resources equally, it could produce: A. 30 cars and 6 trucks. B. 25 cars and […]
Finance Chapter 4 2 What The Debt Ratio For Firm
59. What is the debt ratio for a firm with a debt-equity ratio of 0.5? AACSB: Analytical Thinking Accessibility: Keyboard Navigation Blooms: Analyze Difficulty: 2 Medium Gradable: automatic Learning Objective: 04-03 Calculate and interpret key measures of operating efficiency, leverage, […]
Economics Chapter 2 1 The Invisible Hand Refers The Coordination That
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 02 Test Bank KEY 1. The invisible hand refers to the coordination that occurs from: A. everyone working in […]
Finance Chapter 4 1 Which The Following The Least Effective
Chapter 04 Test Bank – Static Key 1. The income statement of a firm shows the value of its assets and liabilities over a specified period of time. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Gradable: […]
Economics Chapter 1 2 Car Dealer Advertises Free Satellite Radio
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. D. how people assess the health benefit of fast food breakfast. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: […]
Finance Chapter 3 2 According Accrual Accounting When Goods Are
68. According to accrual accounting, when goods are not sold until the period after they were produced, then the cost of goods sold will be: A. recognized when the goods are produced. B. recognized when the goods are sold. C. […]
Economics Chapter 1 1 The Principles Economics Cannot Explain Which The
Copyright © 2017 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. Chapter 01 Test Bank KEY 1. The principles of economics cannot explain which of the following: A. Why people choose […]
Finance Chapter 3 1 General What Changing You Read Down
Chapter 03 Test Bank – Static Key 1. An asset’s liquidity is determined by how readily the asset can be converted to an appropriate amount of cash. AACSB: Communication Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Gradable: automatic Learning […]
Finance Chapter 2 2 Who Was Responsible For The Financial
Topic: Types of financial institutions 54. Who was responsible for the financial crisis of 2007-2009? AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 2 Medium Gradable: automatic Learning Objective: 02-04 Understand the main events behind the financial crisis of […]
Finance Chapter 2 1 Corporate Financing Comes Ultimately From Savings
Chapter 02 Test Bank – Static Key 1. Only small companies can go through financial markets to obtain financing. AACSB: Reflective Thinking Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Gradable: automatic Learning Objective: 02-03 Explain the functions of financial […]