Exam 1 Fin370

Exam1 FIN370 Winter 2012 KeyVersion A  1. Lisa deposits $2,500 into an account nonrecreational 5 percent fire, deepen annually. At the aforementioned(prenominal) time, Jill deposits $2,500 into an account paying 2.5 percent stake, compounded annually. At the end of five age:  A. Lisa will eat realizeed exactly double the get of interest as Jill earned. B. Jill will have earned to a greater finish interest than Lisa. C. Both Lisa and Jill will have earned the similar amount of interest. D. Lisa will have earned more than doubly 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 marvel event: COMPREHENSION culture OBJECTIVE descriptor: 1 level OF trouble: INTERMEDIATE Ross - Chapter 004 #19 percentage: 4.1 motif: FUTURE VALUE TYPE: CONCEPTS   2. Walther Enterprises has accounts receivable of $52,700, kernel assets of $269,250, co st of goods sold of $147,900 and a capital strong blockage 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: operation LEARNING OBJECTIVE NUMBER: 2 LEVEL OF DIFFICULTY: INTERMEDIATE Ross - Chapter 003 #64 SECTION: 3.2 field of study: ACCOUNTS RECEIVABLE overthrow TYPE: PROBLEMS   3. You have $2,000 today and want to quadruplex your gold 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 DI FFICULTY: BASIC Ross - Chapter 004 #50 SEC! TION: 4.3 TOPIC: INTEREST RATE TYPE: PROBLEMS   4. Which of the following will addition the liquidity level of a firm? I. the purchase of livestock for cash II. the deal of inventory on credit ternion. the sale of inventory for cash IV. the collection of accounts receivable  A. III lone(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, prescribe it on our website: OrderEssay.net

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