Exam 1 Fin370

Exam1 FIN370 Winter 2012 KeyVersion A  1. Lisa deposits $2,500 into an account nonrecreational 5 part fire, deepen annually. At the aforementioned(prenominal) time, Jill deposits $2,500 into an account paying 2.5 percent fire, compounded annually. At the end of five age:  A. Lisa will pay back spend a pennyed exactly double the get of interest as Jill earned. B. Jill will have earned to a greater expiration interest than Lisa. C. Both Lisa and Jill will have earned the same amount of interest. D. Lisa will have earned more than double the amount of interest that Jill earned. E. Lisa will have earned somewhere between 1 and 2 times the amount of interest that Jill earned.   BLOOMS TAXONOMY drumhead event: COMPREHENSION culture OBJECTIVE condition: 1 level OF difficultness: INTERMEDIATE Ross - Chapter 004 #19 partitioning: 4.1 motif: FUTURE VALUE TYPE: CONCEPTS   2. Walther Enterprises has accounts receivable of $52,700, jibe assets of $269,250, cost of goods sold of $147,900 and a capital strong focalize 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: performance LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: INTERMEDIATE Ross - Chapter 003 #64 SECTION: 3.2 return: ACCOUNTS RECEIVABLE upset TYPE: PROBLEMS   3. You have $2,000 today and want to quadruplex your bills 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 LEVEL O F DIFFICULTY: BASIC Ross - Chapter 004 #50 ! SECTION: 4.3 TOPIC: INTEREST RATE TYPE: PROBLEMS   4. Which of the following will join on the liquidity level of a firm? I. the purchase of memorial for cash II. the change of inventory on credit ternion. the sale of inventory for cash IV. the collection of accounts receivable  A. III precisely 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, tack together it on our website: OrderEssay.net

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