FIN 370 W5 Final Exam Copy
in Economics by neel
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Description
True or False Questions
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Financial management is concerned with the maintenance and creation of wealth. True
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The current ratio and the acid test ratio are both measures of financial leverage. True
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Sales occurring in the secondary markets increase the total stock of financial assets that exist in the economy. False
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The key ingredient in a firm's financial planning is the sales forecast. True
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The present value of an annuity increases as the discount rate increases. False
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As the volume of production increases, the fixed cost per unit of the product decreases. False
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Whenever the IRR on a project equals that project's required rate of return, the NPV equals zero. True
- The hedging principle involves matching the cash flow from an asset with the cash flow requirements of...
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