Accounting Finance and Economics (testing)

Accounting Finance and Economics (testing)

University

11 Qs

quiz-placeholder

Similar activities

Tax 2 - Quiz 2 (5%)

Tax 2 - Quiz 2 (5%)

University

15 Qs

GENERAL DEDUCTIONS

GENERAL DEDUCTIONS

University

15 Qs

Lecture 1&2 ACC1014

Lecture 1&2 ACC1014

University

10 Qs

CMA I - Joint & By-Product

CMA I - Joint & By-Product

University

10 Qs

GROUP 4

GROUP 4

University

10 Qs

IAS 2

IAS 2

University

12 Qs

Capital and Revenue Expenditure

Capital and Revenue Expenditure

University

13 Qs

Capital Structure

Capital Structure

University

10 Qs

Accounting Finance and Economics (testing)

Accounting Finance and Economics (testing)

Assessment

Quiz

Other, Mathematics

University

4 plays

Hard

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Using the price of merchandise purchased first to calculate the cost of merchandise sold first is called the _______________ inventory costing method.

first-in, first-out

first-in, last out

last-in, first out

weighted average

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the weighted average method is used, ending inventory units are priced at the

earliest price

most recent price

average price

none of these

3.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A company has cost of debt of 6% and cost of equity of 15%. In this country, the corporate income tax rate is 20%. If the company has target debt to total capital ratio of 40%, its WACC is closest to:

10.9%

11.4%

8.88%

9.6%

4.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

A company's cost of capital is mainly determined by…
The risk of its underlying businesses.
Its relationship with investors.
Its choices of sources of capital.
The corporate income tax rate.

5.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

[HARD] Suppose the market-to-book ratio is 1.5x. From the information provided, the appropriate capital structure for WACC calculation is closest to:

35.3%

26.7%

38.9%

63.6%

6.

MULTIPLE CHOICE QUESTION

15 mins • 1 pt

Media Image

[HARD] Suppose the market-to-book ratio is 1.5x. From the information provided, the company's WACC is closest to:

9.9%

10.1%

9.2%

9.5%

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is an advantage of ROI?

Allow managers to focus on improving short term financial performance and place less emphasis on long term financial performance.

Used to evaluate the relative performance of investment centres, irregardless of the size of these business units.

Promotes goal congruence

Explore all questions with a free account

or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?