Exam1 FIN470 Spring 2009 Key

1. A bond which is issued without recording of the owner's name and for which payments are made to whomever has physical possession of the bond is said to be in: A. registered form. B. bearer form. C. collateral status. D. new-issue condition. E. debenture status.

Ross - Chapter 007 #9 SECTION: 7.2 TOPIC: BEARER FORM TYPE: DEFINITIONS

2. Your _____ tax rate is the amount of tax payable on the next taxable dollar you earn. A. total B. mean C. residual D. marginal E. average

Ross - Chapter 002 #9 SECTION: 2.3 TOPIC: MARGINAL TAX RATES TYPE: DEFINITIONS

3. Frank invests $2,500 in an account that pays 6 percent simple interest. How much money will he have at the end of four years? A. $3,163 B. $3,100 C. $2,650 D. $10,600 E. $3,156 Ending value = $2,500 + ($2,500 .06 4) = $3,100.00

AACSB TOPIC: ANALYTIC Ross - Chapter 005 #16 SECTION: 5.1 TOPIC: SIMPLE INTEREST TYPE: PROBLEMS

4. The Smith Co., which is currently operating at full capacity, has sales of $3,000, current assets of $800, current liabilities of $400, net fixed assets of $1,900, and a 6 percent profit margin. The firm has no long-term debt and does not plan on acquiring any. The firm does not pay any dividends. Sales are expected to increase by 9 percent next year. If all assets, liabilities, and costs vary directly with sales, how much additional equity financing is required for next year? A. $10.80 B. $196.20 C. $103.50 D. $40.00 E. $207.00 Projected assets = ($800 + $1,900) 1.09 = $2,943 Projected liabilities = $400 1.09 = $436 Current equity = $800 + $1,900 $400 = $2,300 Projected increase in retained earnings = $3,000 .06 1.09 = $196.20 Equity funding need = $2,943 $436 $2,300 $196.20 = $10.80

AACSB TOPIC: ANALYTIC Ross - Chapter 004 #45 SECTION: 4.2 TOPIC: PRO FORMA STATEMENTS TYPE: PROBLEMS

5. Which one of the following statements concerning the annual percentage rate is correct? A. The effective annual rate is lower than the annual percentage rate when an interest rate is compounded quarterly. B. When firms advertise the annual percentage rate they are violating U.S. truth-in-lending laws. C. The annual percentage rate considers interest on interest. D. The rate of interest you actually pay on a loan is called the annual percentage rate. E. The annual percentage rate equals the effective annual rate when the rate on an account is designated as simple interest.

Ross - Chapter 006 #17 SECTION: 6.3 TOPIC: ANNUAL PERCENTAGE RATE TYPE: CONCEPTS

6. A loan where the borrower pays interest each period, and repays some or all of the principal of the loan over time is called a(n) _____ loan. A. balloon B. continuous C. amortized D. interest-only E. pure discount

Ross - Chapter 006 #11 SECTION: 6.4 TOPIC: AMORTIZED LOAN TYPE: DEFINITIONS

Ross . Ross .00 percent B.49 / $575. remains fixed. 37.000) 1 = . varies proportionately with sales. C.21 percent D.000 / . sinking fund. blanket bond. B.Chapter 004 #18 SECTION: 4.Chapter 007 #11 SECTION: 7.3 TOPIC: FULL CAPACITY SALES AND FIXED ASSETS TYPE: PROBLEMS 8.Chapter 004 #51 SECTION: 4. When constructing a pro forma statement. E.28205 = 28. unfunded liability. debenture.00 percent Full-capacity sales = $575.16 percent C.21 percent AACSB TOPIC: ANALYTIC Ross . Gerald's Manufacturing is operating at 78 percent of its fixed asset capacity and has current sales of $575. 22. note. 44. B. varies only if the firm maintains a fixed debt-equity ratio. varies only when the firm is producing at full capacity.49. 28. net working capital generally: A. An unsecured debt of a firm with a maturity of less than 10 years is called a(n): A. 31. varies only if the firm is producing at less than full capacity. C.2 TOPIC: NOTE TYPE: DEFINITIONS . How fast can the firm grow before any new fixed assets are needed? A. Maximum growth without additional assets = ($737.000. E.179.7.3 TOPIC: PRO FORMA STATEMENTS TYPE: CONCEPTS 9.78 = $737.179. D.00 percent E. D.

B. sale of common stock E. Which one of the following is a use of cash? A. external rate of return. profitability index. general partnership. E. The discount rate that makes the net present value of an investment exactly equal to zero is called the: A. C. E.Chapter 001 #13 SECTION: 1. limited liability company. D. decrease in the cash balance C. corporation.1 TOPIC: USES OF CASH TYPE: CONCEPTS 12.2 TOPIC: LIMITED LIABILITY COMPANY TYPE: DEFINITIONS 11.Chapter 003 #39 SECTION: 3. average accounting return. payment received from a customer on his or her account B. D. Ross .5 TOPIC: INTERNAL RATE OF RETURN TYPE: DEFINITIONS . payment to a supplier D. A business entity which taxes it owners like partners while providing those owners with limited liability is called a: A. equalizer. sale of inventory to a cash customer Ross . limited proprietorship. internal rate of return.Chapter 009 #6 SECTION: 9. sole proprietorship. Ross .10. B. C.

a purchase of inventory C. Which one of the following will increase the net present value of a project? A.Chapter 003 #37 SECTION: 3. decreasing the amount of each cash inflow Ross .2 TOPIC: ANNUITY TYPE: DEFINITIONS 15.13. decreasing stream of cash flows occurring for a fixed period of time. an increase in cash D. level stream of perpetual cash flows. decreasing the required rate of return D. increasing stream of cash flows occurring for a fixed period of time.Chapter 006 #1 SECTION: 6. Which one of the following is a source of cash? A. increasing stream of perpetual cash flows.1 TOPIC: NET PRESENT VALUE TYPE: CONCEPTS 14. a credit sale to a customer E. An annuity is a(n): A. an increase in the discount rate B. having all incoming cash flows occur in the final year of a project rather than periodically over a five-year period E. B. C.Chapter 009 #12 SECTION: 9. D. level stream of cash flows occurring for a fixed period of time. an increase in accounts payable B.1 TOPIC: SOURCES OF CASH TYPE: CONCEPTS . E. Ross . increasing the amount of the initial cash outflow C. the payoff of a loan Ross .

$132. At the end of the ten years. The first payment will be paid one year from now in the amount of $30. $141. Ross . The underlying assumption of the dividend growth model is that a stock is worth: A.16 C.Chapter 005 #15 SECTION: 5. You just settled an insurance claim. the present value of the future cash flows which it generates. C.023. The higher the interest rate he earns. $152. C. Raoul should expect to have about $1.28 D. the same amount as any other stock that pays the same current dividend and has the same required rate of return.008. the less money he will have in the future. he will have to wait about six years to have $1.1 TOPIC: RULE OF 72 TYPE: CONCEPTS 18. What is the value of this settlement to you today if you can earn 8.14 B.000 in value. Raoul will have less money if he invests at 9 percent rather than at 8 percent. The higher the interest rate.5 percent on your investments? A. an amount computed as the next annual dividend divided by the market rate of return. If Raoul can earn 7 percent.Chapter 008 #29 SECTION: 8. D. the same amount to every investor regardless of the investor's desired rate of return. Which one of the following statements is correct if he invests this money at a positive rate of interest for ten years? Assume the interest is compounded annually. the longer he has to wait for his money to grow to $2.16.600 total.000. D. B.600 in his account at the end of the ten years.417.2 percent interest. $126.408. The following payments will increase by 6 percent annually. A. an amount computed as the next annual dividend divided by the required rate of return. Raoul has $800 today. E. B.05 E. Ross .1 TOPIC: DIVIDEND GROWTH MODEL TYPE: CONCEPTS 17. The settlement calls for increasing payments over a 5-year period.Chapter 006 #64 SECTION: 6. E. At 7. $129.414.11 AACSB TOPIC: ANALYTIC Ross .2 TOPIC: GROWING ANNUITY PRESENT VALUE TYPE: PROBLEMS .

700 B. D.500 = $210. Net working capital is $121. $89.19. limited liability company. The higher the degree of financial leverage employed by a firm. Six years ago. less debt a firm has per dollar of total assets. general partnership.000 and long-term debt is $82. $406.500 C. higher the number of outstanding shares of stock. E. sole proprietorship. B. $249. C.200 + $121.000. lower the amount of debt incurred.400. $211.Chapter 002 #53 SECTION: 2.500.Chapter 002 #31 SECTION: 2. C. corporation. B. D.000 $82.900 D.Chapter 001 #7 SECTION: 1. $210. E. What is the book value of shareholders' equity? A. Thompson Distributors purchased a mailing machine at a cost of $368. higher the probability that the firm will encounter financial distress. This is the only fixed asset the firm owns. the: A.1 TOPIC: BOOK VALUE TYPE: PROBLEMS . A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a: A.700 AACSB TOPIC: ANALYTIC Ross . lower the balance in accounts payable.700 Book value of shareholders' equity = $172. limited partnership. This equipment is currently valued at $172.200 on today's balance sheet but could actually be sold for $211.400 E. Ross .1 TOPIC: FINANCIAL LEVERAGE TYPE: CONCEPTS 20.2 TOPIC: GENERAL PARTNERSHIP TYPE: DEFINITIONS 21. Ross .

The price a dealer is willing to pay for a security is called the: A.22. capital spending. asked price.Chapter 002 #13 SECTION: 2. A 7 percent preferred stock pays a total of _____ a year in dividends per share. net working capital. E. Assume dividends are paid quarterly. $28. C. cash flow to creditors.00 E.2 TOPIC: PREFERRED STOCK TYPE: CONCEPTS 23. D.00 Ross . $3. D. operating cash flow.Chapter 007 #19 SECTION: 7. B. A. E.Chapter 008 #46 SECTION: 8. Ross . Ross . $14. $21. $7.5 TOPIC: BID PRICE TYPE: DEFINITIONS . C. bid price. auction price. B.00 D.50 C.1 TOPIC: NET WORKING CAPITAL TYPE: DEFINITIONS 24.00 B. bid-ask spread. equilibrium price. cash flow from assets. The difference between a firm's current assets and its current liabilities is called: A.

II. III and IV only C. 52. 15.1618497 = 16. Chris will never earn any interest on interest.68 percent D. II.5 TOPIC: PRIMARY MARKET TYPE: DEFINITIONS 27. Tracie will have more money in her account than Chris has in his. III. I. Both deposits were made this morning. A firm has sales of $1. I and II only Ross .25. What is the common-size statement value of inventory? A.83 percent Common-size inventory = $280 ($1. and IV only B. shareholders who are also company officers offer their securities for sale.000 into an account that pays 3 percent simple interest.18 percent C.1 TOPIC: SIMPLE VERSUS COMPOUND INTEREST TYPE: CONCEPTS 26.640. all securities which are included in the Dow Jones Industrial Average (DJIA) must trade. B. a particular security tends to trade the most frequently. trades occur on the floor of the NYSE only.Chapter 005 #13 SECTION: 5. Tracie deposits $5. 16. At the end of five years. net income of $135.Chapter 003 #75 SECTION: 3.01 percent E.Chapter 001 #17 SECTION: 1. At the end of one year. 15. E. Chris deposits $5. A. C. and current assets of $530. and III only E.200 + $530) = . I. Which of the following statements are true concerning these two accounts? I. III. All else equal. both Tracie and Chris will have the same amount in their accounts. and IV only D. Ross . II. III. The firm has $280 in inventory. The primary market is the market in which: A. Chris made the better investment. net fixed assets of $1.200. 30. IV. D.42 percent B.18 percent AACSB TOPIC: ANALYTIC Ross .2 TOPIC: COMMON-SIZE STATEMENTS TYPE: PROBLEMS . newly issued securities are offered for sale.000 into an account that pays 3 percent interest compounded annually.

5 percent compounded annually? A.19 B. The number of six-month periods is 22.21 years B. $7. The number of years is 11. $14.267.16 E. What is the future value of $3. $10.10 years. It's easiest to solve this problem is using financial calculator.10 years D.1 TOPIC: TIME TO MATURITY OF COUPON BOND TYPE: PROBLEMS . $15.347. $14.497 invested for 15 years at 7.19 years C.431.191.347. AACSB TOPIC: ANALYTIC Ross . How many years is it until this bond matures? A. The bond has a par value of $1.27 years E. 44.13 D.000 and a yield to maturity of 5.28.497 (1 + . semiannual coupon bond outstanding with a current market price of $978. 22.19 AACSB TOPIC: ANALYTIC Ross .76 percent. You can then use the calculator answer as the time period in the formula just to verify that your answer is correct.08 C.0955 = 11.911.Chapter 007 #90 SECTION: 7. 12.1 TOPIC: FUTURE VALUE TYPE: PROBLEMS 29.5 percent. 27.075)15 = $10.38 years . 11.90.21 Future value = $3. Baker's Men's Wear has a 5.Chapter 005 #20 SECTION: 5.289.

48 percent. Yes. The MIRR is 11. E. Yes. C. D.92 percent.48 percent. also increases. will vary but the direction of the change is unknown.77 percent. As the discount rate increases. becomes negative. The MIRR is 13. Flagler Stores is analyzing a project with the following cash flows. The modified cash flows will be: AACSB TOPIC: ANALYTIC Ross . Should this project be accepted based on the discounting approach to the modified internal rate of return if the discount rate is 12 percent? Why or why not? A. No. the present value of $2. C.000 to be received four years from now: A. No. E. Ross .67 percent. The MIRR is 13. decreases. Yes: The MIRR is 18.Chapter 005 #11 SECTION: 5.5 TOPIC: MODIFIED INTERNAL RATE OF RETURN TYPE: PROBLEMS 31. D. B.30.2 TOPIC: PRESENT VALUE AND DISCOUNT RATE TYPE: CONCEPTS . The MIRR is 23.Chapter 009 #66 SECTION: 9. remains constant. B.

Chapter 007 #107 SECTION: 7. decrease.000 and has a retail market value equal to 1. increase.000 E.97($48. increase.4 times its cost. investment C.400.Chapter 002 #54 SECTION: 2.64 percent B.61 percent D.000 and are currently valued at $49.000.35 percent. The Train Store owns the building in which it is located. What is the market value of this firm? A.000 and is currently appraised at $575. decrease.000 + $49. $771. $919.53 percent E.041) + $11.6 TOPIC: FISHER EFFECT TYPE: PROBLEMS 34. operating B. financing E. increase. 2. an increase in accounts receivable will _____ the cash flow from _____ activities.000 C. 2.000) + .200 $167.1 TOPIC: STATEMENT OF CASH FLOWS TYPE: CONCEPTS 33. operating D. This building was built at a cost of $427.800 D. A. $957. The display counters and fixtures originally cost $87.000. Peter expects the store to collect 97 percent of the $48. 2.000 + 1. financing Ross .000 AACSB TOPIC: ANALYTIC Ross . The inventory is valued on the balance sheet at $289.400 = $919.800 B. According to the statement of cash flows. Peter owns The Train Store which he is trying to sell so that he can retire and travel.200 in cash and has total debt of $167.875 percent rate of return.38 percent AACSB TOPIC: ANALYTIC Ross . $907. What is the real rate of return on this bond? A. The inflation rate for the same period is 4.42 percent C. 2.041 in accounts receivable. A bond that pays interest annually yields a 6. 2.1 TOPIC: MARKET VALUE TYPE: PROBLEMS .Chapter 003 #41 SECTION: 3.32. $945.4($289. The firm has $11.000 Market value of firm = $575.

$6.000 $86. How much additional tax will the firm owe if taxable income increases by $16.Chapter 002 #58 SECTION: 2.2 TOPIC: PROXY TYPE: DEFINITIONS .750) + .34($100. The voting procedure where a shareholder grants authority to another individual to vote his or her shares is called _____ voting.750.500? A.50 = $5.500 $100. The tax rates are as shown.773 B.3 TOPIC: TAXES TYPE: PROBLEMS 36. A. straight D.435 E.773 AACSB TOPIC: ANALYTIC Ross .212 C. cumulative Ross . $5.811 D.000) = $5. California Surfin' currently has taxable income of $86.39($86.120 Additional tax = .Chapter 008 #7 SECTION: 8.772.35. proxy B.750 + $16. $6. deferred E. democratic C. $5. $6.

25 percent.052.21 D.847.Chapter 009 #11 SECTION: CHAPTER 9 INTRODUCTION TOPIC: CAPITAL BUDGETING DECISIONS TYPE: CONCEPTS . ascertaining the minimum amount of cash which should be kept on hand C. Which one of the following is a capital budgeting decision? A.47 C.1 TOPIC: NET PRESENT VALUE TYPE: PROBLEMS 38. deciding whether or not a newly invented product should be produced B. A.840.636. -$2. -$4.16 B. What is the net present value of a project that has an initial cash outflow of $18. -$3.53 E.Chapter 009 #58 SECTION: 9. determining how many bonds versus how many shares of stock should be issued Ross . $3. determining the optimal level of inventory to be maintained D. deciding whether a bank loan should be secured or if bonds should be issued E.37. $4.60 AACSB TOPIC: ANALYTIC Ross .109.900 and the following cash inflows? The required return is 13.

80 per share annual dividend last month. III. $15. II. A.73 AACSB TOPIC: ANALYTIC Ross .57 E.4 TOPIC: SUSTAINABLE GROWTH RATE TYPE: DEFINITIONS . The sustainable growth rate of a firm is best described as the: A. $24. The company is planning on paying $2. C. and IV only D. respectively. maximum growth rate achievable without using any external equity financing while maintaining a constant debt-equity ratio.96 C. II. B.00 a share over the next four years. maximum growth rate achievable without any limits on the level of debt financing. and IV only E. D.2 TOPIC: DIVIDENDS TYPE: CONCEPTS 40. I and IV only B. III.Chapter 004 #8 SECTION: 4. to another corporation receive preferential tax treatment. maximum growth rate achievable without external financing of any kind.Chapter 008 #44 SECTION: 8. Ross . minimum growth rate achievable if the firm maintains a constant equity multiplier.39. What is the market price of this stock if the market rate of return is 13 percent? A. II and III only Ross .Chapter 008 #82 SECTION: 8. I. $20. $2.75. I only C. reduce the taxable income of the corporation. to an individual become taxable income of that individual. After that the dividend will be constant at $3. E. I. $22.37 D.50. and $3. $7.00.47 B. are declared by the chief financial officer of the corporation.1 TOPIC: SUPERNORMAL GROWTH TYPE: PROBLEMS 41. minimum growth rate achievable if the firm does not pay out any cash dividends. The dividends paid by a corporation: I. IV.20 per share per year. $2. J&J Exporters paid a $1.

Priestly Engineers wants to save $145. How much does the firm have to save each quarter to achieve their goal? A.2 TOPIC: ANNUITY DUE PAYMENTS AND FUTURE VALUE TYPE: PROBLEMS . $17.67 AACSB TOPIC: ANALYTIC Ross .Chapter 001 #30 SECTION: 1.036. C.35 D.421. B. E.084. A sole proprietorship is often structured as a limited liability company. The plan is to set aside an equal amount of money on the first day of each quarter starting today.42.000 to buy some new equipment two years from now. The owner of a sole proprietorship may be forced to sell his or her personal assets to pay company debts. A sole proprietorship is designed to protect the personal assets of the owner. The firm can earn a 5.2 TOPIC: SOLE PROPRIETORSHIP TYPE: CONCEPTS 43. The owners of a sole proprietorship share profits as established by the partnership agreement. $17.270. Ross .308.60 C. Which one of the following statements concerning a sole proprietorship is correct? A.5 percent rate of return. $17.43 B. $17. $17. D.Chapter 006 #51 SECTION: 6. The profits of a sole proprietorship are taxed twice.18 E.

Difference = $8. Currently.342 B.09)38 = AACSB TOPIC: ANALYTIC Ross . $2. A firm generated net income of $624.745.Chapter 005 #41 SECTION: 5.44.000 from an insurance settlement.397.397. $1.349. $794. $497 Net cash from operating activities = $624 + $58 $28 $16 $41 = $597 AACSB TOPIC: ANALYTIC Ross .396. $597 B.15. The depreciation expense was $58 and dividends were paid in the amount of $72.611.433. and net fixed assets increased by $28.349.036 E.000 (1 + .15 $7. Accounts payables decreased by $28.17 = $1.818.1 TOPIC: SOURCES AND USES OF CASH TYPE: PROBLEMS . You have decided to set this money aside and invest it for your retirement. $1. accounts receivables increased by $16.Chapter 003 #74 SECTION: 3. inventory increased by $41.333 D. $641 C.396.000 $7.745.5 percent rather than just 9.036 (1 + . $553 E. $608 D. Future value = $278.095)38 = $8. You just received $278.17.408 C.033. How much more will you have in your account on the day you retire if you can earn an average return of 9.1 AND 5. your goal is to retire 38 years from today. What was the net cash flow from operating activity? A.0 percent? A. $1.3 TOPIC: FUTURE VALUE AND RATE CHANGES TYPE: PROBLEMS 45.433.014 Future value = $278.

common-size B. auction market. . Ross . primary market. OTC market. A. percentage of sales D. Monika's Gift Barn has cash of $316. and inventory of $2. accounts receivable of $687. B. 4. A market where brokers and agents match buyers with sellers is called a(n): A. sales dilution Ross .Chapter 001 #20 SECTION: 1.23 E. What is the value of the quick ratio? A.5 TOPIC: AUCTION MARKET TYPE: DEFINITIONS . time-trend E. C.41 AACSB TOPIC: ANALYTIC Ross . .71 C. 1.41 D. dealer market. The financial planning method in which accounts vary depending on a firm's predicted sales level is called the _____ approach.3 TOPIC: LIQUIDITY RATIOS TYPE: PROBLEMS 48.3 TOPIC: PERCENTAGE OF SALES APPROACH TYPE: DEFINITIONS 47. liquidation market. E.Chapter 004 #3 SECTION: 4. D.45 Quick ratio = ($316 + $687) $709 = 1.Chapter 003 #78 SECTION: 3. .46. accounts payable of $709.38 B. sales reconciliation C.108.

000 Full-capacity sales = $1. $3.49.60 = $3. capital structure.Chapter 004 #47 SECTION: 4. B.1 TOPIC: CAPITAL BUDGETING TYPE: DEFINITIONS .000 AACSB TOPIC: ANALYTIC Ross . What is the full capacity level of sales? A. Ross . C. financial depreciation. capital budgeting.500 C. $1.080 D. $720 B.880 E. agency cost analysis.3 TOPIC: FULL CAPACITY SALES LEVEL TYPE: PROBLEMS 50.800 / . $4. E. $2.800 in sales and is operating at 60 percent of the firm's capacity.Chapter 001 #3 SECTION: 1. Your firm currently has $1. The process of identifying projects which will produce positive cash flows is called: A. working capital management. D.

12. What is the internal rate of return on an investment with the following cash flows? A.70 percent E.93 percent AACSB TOPIC: ANALYTIC Ross .00 percent C.5 TOPIC: INTERNAL RATE OF RETURN TYPE: PROBLEMS .51.Chapter 009 #62 SECTION: 9. 12.00 percent D. 6. 12. 6.23 percent B.

A 15-year. 2. 2.43 percent decrease AACSB TOPIC: ANALYTIC Ross . 2.Chapter 007 #94 SECTION: 7. 2.37 percent increase D.43 percent increase C.1 TOPIC: INTEREST RATE RISK TYPE: PROBLEMS . 2.000. 6 percent coupon bond pays interest annually.50 percent decrease B. The bond has a face value of $1.25 percent? A.5 percent from the current rate of 6.37 percent decrease E.52. What is the change in the price of this bond if the market yield to maturity rises to 6.

9. The dividend is increasing at a constant 4.2 percent per year.18 D. Your parents are giving you $500 a month for five years while you attend college to earn both a bachelor's and a master's degree.209. What is the dividend yield? A. what are these payments worth to you when you first enter college? A.8 percent.17 C. $30.251.042 = 9.138 .1 TOPIC: DIVIDEND YIELD TYPE: PROBLEMS 54.681.Chapter 006 #24 SECTION: 6.5 percent Dividend yield = . 12. $22.000.00 B.0 percent D.60 percent C. 8.13 AACSB TOPIC: ANALYTIC Ross . 15.2 percent E. $25.70 percent B.6 percent AACSB TOPIC: ANALYTIC Ross .53.2 TOPIC: ORDINARY ANNUITY AND PRESENT VALUE TYPE: PROBLEMS . $27. $24. Shares of common stock of the Windy Farms offer an expected total return of 13.00 E. At a 7 percent discount rate.601.Chapter 008 #69 SECTION: 8. 18.

4 SECTION: 5.Chapter 005 Ross .3 SECTION: 4.2 SECTION: 6.1 SECTION: 1.Chapter 002 Ross .1 SECTION: 3.3 SECTION: 4.1 SECTION: 2.Chapter 009 SECTION: 1.5 SECTION: 7.5 SECTION: CHAPTER 9 INTRODUCTION TOPIC: AMORTIZED LOAN TOPIC: ANNUAL PERCENTAGE RATE TOPIC: ANNUITY TOPIC: ANNUITY DUE PAYMENTS AND FUTURE VALUE TOPIC: AUCTION MARKET TOPIC: BEARER FORM TOPIC: BID PRICE TOPIC: BOOK VALUE TOPIC: CAPITAL BUDGETING # of Questions 23 6 6 6 6 6 6 6 6 6 1 3 2 4 2 4 1 1 1 4 1 4 1 1 4 1 1 2 2 1 1 3 3 2 3 1 1 1 1 1 1 1 1 1 1 .6 SECTION: 8.Chapter 006 Ross .2 SECTION: 4.Chapter 004 Ross .1 SECTION: 8.2 SECTION: 9.Chapter 008 Ross .Chapter 001 Ross .1 AND 5.1 SECTION: 5.5 SECTION: 2.Chapter 007 Ross .1 SECTION: 9.2 SECTION: 7.3 SECTION: 6.Exam1 FIN470 Spring 2009 Summary Category AACSB TOPIC: ANALYTIC Ross .3 SECTION: 5.4 SECTION: 7.Chapter 003 Ross .2 SECTION: 6.2 SECTION: 1.1 SECTION: 7.3 SECTION: 3.2 SECTION: 3.

TOPIC: CAPITAL BUDGETING DECISIONS TOPIC: COMMON-SIZE STATEMENTS TOPIC: DIVIDEND GROWTH MODEL TOPIC: DIVIDEND YIELD TOPIC: DIVIDENDS TOPIC: FINANCIAL LEVERAGE TOPIC: FISHER EFFECT TOPIC: FULL CAPACITY SALES AND FIXED ASSETS TOPIC: FULL CAPACITY SALES LEVEL TOPIC: FUTURE VALUE TOPIC: FUTURE VALUE AND RATE CHANGES TOPIC: GENERAL PARTNERSHIP TOPIC: GROWING ANNUITY PRESENT VALUE TOPIC: INTEREST RATE RISK TOPIC: INTERNAL RATE OF RETURN TOPIC: LIMITED LIABILITY COMPANY TOPIC: LIQUIDITY RATIOS TOPIC: MARGINAL TAX RATES TOPIC: MARKET VALUE TOPIC: MODIFIED INTERNAL RATE OF RETURN TOPIC: NET PRESENT VALUE TOPIC: NET WORKING CAPITAL TOPIC: NOTE TOPIC: ORDINARY ANNUITY AND PRESENT VALUE TOPIC: PERCENTAGE OF SALES APPROACH TOPIC: PREFERRED STOCK TOPIC: PRESENT VALUE AND DISCOUNT RATE TOPIC: PRIMARY MARKET TOPIC: PRO FORMA STATEMENTS TOPIC: PROXY TOPIC: RULE OF 72 TOPIC: SIMPLE INTEREST TOPIC: SIMPLE VERSUS COMPOUND INTEREST TOPIC: SOLE PROPRIETORSHIP TOPIC: SOURCES AND USES OF CASH TOPIC: SOURCES OF CASH TOPIC: STATEMENT OF CASH FLOWS TOPIC: SUPERNORMAL GROWTH TOPIC: SUSTAINABLE GROWTH RATE TOPIC: TAXES TOPIC: TIME TO MATURITY OF COUPON BOND TOPIC: USES OF CASH TYPE: CONCEPTS TYPE: DEFINITIONS TYPE: PROBLEMS 1 1 1 1 1 1 1 1 1 1 1 1 1 1 2 1 1 1 1 1 2 1 1 1 1 1 1 1 2 1 1 1 1 1 1 1 1 1 1 1 1 1 15 16 23 .

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