Finc sirmans Study guides, Class notes & Summaries

FINC Sirmans Final Quizzes and Menti Questions And Answers Which one of the following terms is defined as the management of a firm's long-term investments? - ANS-Capital budgeting Which one of the following terms is defined as the mixture of a firm's debt and equity financing? - ANS￾Capital structure A stakeholder is... - ANS-Any person or entity other than a stockholder or creditor who potentially has a claim on the cash flows of a firm. Which one of the following terms is defined as...

Sirmans FINC 3610 Final Exam Questions & Answers 1. Which one of the following best states the primary goal of financial management? - Answer-Maximize the current value per share 1. Which one of the following actions by a financial manager is most apt to create an agency problem? - Answer-Increasing current profits when doing so lowers the value of the firm's equity 1. Corporate dividends are: - Answer-Taxable as personal income when received by shareholders even though that income was ...

FINC 3610 sirmans final exam Qs&As 2024 returns: - Answer->the total return on your investment types of returns: - Answer->capital gain, income capital gain - Answer->price change of the asset income - Answer->cash distributions in the form of dividends how can we predict stock returns? - Answer->if we can identify the risk of the asset, then we can have an idea of its expected return dollar returns: - Answer->the total dollar amount of return, it depends on the dollar ...

Sirmans FINC Final Exam (Questions And Answers) Which of the following is a capital budgeting decision? A. Should a firm borrow money to replace machinery? B. How much cash should the company keep on hand? C. Should the company purchase new machinery for production line? - Answer: C: Should the company purchase new machinery for production line? The book value of an asset generally represents: A. Market value of the asset B. Historical Cost C. Replacement value of the asset - Answer: ...

FINC 3610 Sirmans Test 1 Qs&As Pros of Sole Proprietorship - ANS-easy startup taxed as personal income Cons of Sole Proprietorship - ANS-- Unlimited Liability - Life limited to that of owner - Equity limited to owner's wealth - Difficulty in transferring ownership Pros of General Partnership - ANS-easy start-up partnership agreement taxed as personal income Cons of General Partnership - ANS-unlimited liability equity limited to owners life difficult transfer Difference between gene...

FINC 3610 EXAM 1 SIRMANS Exam Review goal of a firm - Answer->maximize shareholder value capital budgeting - Answer->process of planning and managing a firms long term investments capital structure - Answer->mixture of longterm debt and equity the firm uses to finance its operations and investments agency problems - Answer->when interests and motives of the managers dont coincide with those of the owners -between shareholders and managers who does the board of directors rep...

FINC 3610 Exam 2 CH.5 Sirmans Questions & Answers Example of assets? - ANS-Property, plant, and equipment, stocks, options, bonds, patents, opportunities, knowledge, reputation, etc. What is an asset in terms of financial analysis? - ANS-a sequence of cash flows What is the value of an asset today? - ANS-a function of the cash flows expected to occur in the future 3 key dimensions of cash flows - ANS-size, timing, and uncertainty Cash flows at different points in time are like different? ...

FINC 3610 Test 3 Sirmans Questions And Answers Debt - Answer->all borrowing incurred by a firm, including bonds, and is repaid according to a fixed schedule of payments Equity - Answer->consists of funds provided by the firms owners (stockholders or investors) that are repaid subject to the firms performance Stockholders (holders of equity) - Answer->owners of the firm unlike creditors generally have voting rights that permit them to select the firm's directors and vote on spe...

Sirmans FINC Final Exam Review Solution Qs&As Which of the following is a capital budgeting decision? - ANS-Should the company purchase new machinery for production line? The book value of an asset generally represents: - ANS-Historical Cost Total taxes owed divided by taxable income is the: - ANS-Average Tax Rate Standardized (or common-sized) income statement expresses expenses and profits as a percentage of: - ANS-Sales Which one represents a source of cash for a company? - ANS-Increa...

FINC 3610 Final Sirmans Questions And Answers Exam Review Soln Example of a Capital Budgeting decision - ANS-should the company purchase new machinery for the production line? the book value of an asset generally represents: - ANS-historical cost total taxes owed divided by taxable income is the: - ANS-average tax rate what represents a source of cash for a company - ANS-increase in common stock a standardized (or common-sized) statement expresses expenses and profits as a percentage of: ...