Post-class Online Quiz 1

Due
Sep 25 at 11:30pm
Points
12
Questions
12
Available
Sep 24 at 8am - Sep 25 at 11:30pm
Time Limit
60 Minutes

Attempt History
Attempt Time Score
LATEST Attempt 1
21 minutes 12 out of 12

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Correct answers will be available Sep 26 at 12:30am - Dec 18 at 11:59pm.

Score for this quiz:

12 out of 12
Submitted Sep 25 at 1:48pm
This attempt took 21 minutes.

Question 1 1
/ 1 pts

Zoe Dental Implements has gross property, plant and equipment

totaling $1.8 million, depreciation expense this year of $200,000, and
accumulated depreciation of $750,000. What is the book value of
Zoe's property, plant and equipment?

 
$1.05 million

 
$850,000

 
$900,000

 
$1.55 million

Question 2 1
/ 1 pts

Zoe Dental Implements has gross property, plant and equipment

totaling $1.8 million, depreciation expense this year of $200,000, and
accumulated depreciation last year of $550,000. What is Zoe's net
property, plant and equipment?

 
$650,000

 
$1.05 million

 
$750,000

 
$850,000

Question 3 1
/ 1 pts

In November 2009, Perrigo Co. (PRGO) had a share price of $39.20.

They had 93 million shares outstanding, a market-to-book ratio of
3.76. In addition, PRGO had $845.01 million in outstanding debt,
$163.82 million in net income, and cash of $257.09 million.

Perrigo's market capitalization is closest to:

 
$3645.60 million.

 
$3689.14 million.

 
$3568.46 million.

 
$3212.43 million.

Question 4 1
/ 1 pts

In November 2009, Perrigo Co. (PRGO) had a share price of $39.20.

They had 94 million shares outstanding, a market-to-book ratio of
3.76. In addition, PRGO had $845.01 million in outstanding debt,
$163.82 million in net income, and cash of $257.09 million.

Perrigo's book value of equity is closest to:

 
$911.25 million.

 
$980 million.

 
$970.47 million.

 
$2425.15 million.

Question 5 1
/ 1 pts

In November 2009, Perrigo Co. (PRGO) had a share price of $39.20.

They had 96 million shares outstanding, a market-to-book ratio of
3.76. In addition, PRGO had $845.01 million in outstanding debt,
$163.82 million in net income, and cash of $257.09 million.

Perrigo's enterprise value is closest to:

 
$4422.81 million.

 
$4351.12 million.

 
$4259.17 million.

 
$4361.23 million.

Question 6 1
/ 1 pts

Dolan Corporation has Gross Profit of $5.2 million, cost of sales of

$1.7 million, operating expenses of $0.8 million, and "other" income of
$0.5 million. What is its EBIT?

 
$4 million

 
$5.6 million

 
$4.8 million

 
$4.9 million

Question 7 1
/ 1 pts

The firm's revenues and expenses over a period of time are reported
on the firm's:

 
income statement or statement of financial performance.

 
income statement or statement of financial position.

 
balance sheet or statement of financial performance.

 
balance sheet or statement of financial position.

Question 8 1
/ 1 pts
Which of the following is (are) deducted from EBIT to determine net
income?

 
(A) Earnings per share

 
(B) Interest expense

 
(C) Corporate taxes

 
Both B and C

Question 9 1
/ 1 pts

Which of the following is (are) deducted from EBIT to determine

pretax income?

 
(A) Earnings per share

 
(B) Interest expense

 
(C) Corporate taxes

 
Both B and C

Question 10 1
/ 1 pts

The statement of financial performance is also known as the:

 
balance sheet.

  
income statement.

 
statement of cash flows.

 
statement of stockholder's equity.

Question 11 1
/ 1 pts

Gross profit is calculated as:

 
Total sales - cost of sales - selling, general and administrative
expenses - depreciation and amortization.

 
Total sales - cost of sales - selling, general and administrative
expenses.

 
Total sales - cost of sales.

 
None of the above

Question 12 1
/ 1 pts

Which of the following is NOT a section on the cash flow statement?

 
Income generating activities

 
Investing activities

 
Operating activities

 
Financing activities

Quiz Score:
12 out of 12