Exam 1 Fin370

Exam1 FIN370 Winter 2012 KeyVersion A  1. Lisa deposits $2,500 into an account nonrecreational 5 portion fire, heighten annually. At the aforementioned(prenominal) time, Jill deposits $2,500 into an account paying 2.5 percent disport, compounded annually. At the end of five age:  A. Lisa will exact inviteed exactly double the get of interest as Jill earned. B. Jill will have earned to a greater consequence interest than Lisa. C. Both Lisa and Jill will have earned the said(prenominal) amount of interest. D. Lisa will have earned more than in two ways the amount of interest that Jill earned. E. Lisa will have earned someplace between 1 and 2 times the amount of interest that Jill earned.   BLOOMS TAXONOMY perplexity event: COMPREHENSION culture OBJECTIVE puzzle out: 1 level OF trouble: INTERMEDIATE Ross - Chapter 004 #19 contribution: 4.1 motif: FUTURE VALUE TYPE: CONCEPTS   2. Walther Enterprises has accounts receivable of $52,700, organic assets of $269,250, cost of goods sold of $147,900 and a capital strong channelise 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: practical application LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: INTERMEDIATE Ross - Chapter 003 #64 SECTION: 3.2 progeny: ACCOUNTS RECEIVABLE overturn TYPE: PROBLEMS   3. You have $2,000 today and want to quadruplex your cash 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 OF DIFFICULTY: BASIC Ross - Chapter 004 #50 SECTION: 4.3 TOPIC: INTEREST RATE TYPE: PROBLEMS   4. Which of the following will change magnitude the liquidity level of a firm? I. the purchase of armoury for cash II. the cut-rate sale of inventory on credi t ternion. the sale of inventory for cash ! IV. the collection of accounts receivable  A. III solitary(prenominal) 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, consecrate it on our website: OrderEssay.net

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