Wednesday, January 26, 2011

MGT201 Current Quiz

 
Question # 1 of 15 ( Start time: 09:28:53 AM )         Total Marks: 1
Which of the following could NOT be defined as the capital structure of the Company?
Select correct option:
       The firm's mix of Assets and liabilities
       The firm's common stocks only
       The firm's debt-equity ratio
       All of the given options
Question # 2 of 15 ( Start time: 09:29:41 AM )         Total Marks: 1
Which of the following is NOT an example of hybrid equity
Select correct option:
       Convertible Bonds
       Convertible Debenture
       Common shares
       Preferred shares
3
Question # 3 of 15 ( Start time: 09:30:15 AM )         Total Marks: 1
Which of the following should be included while calculating the cash flows associated with a project?
Select correct option:
       Cash flows at the time of investment
       Cash flows during the life of project
       Cash flows at the termination date
       All of the given options
Not confirm
Question # 4 of 15 ( Start time: 09:31:28 AM )         Total Marks: 1
Which of the following is type a Temporary Account?
Select correct option:
       Asset
       Liability
       Reserves
       Revenue
4
Question # 5 of 15 ( Start time: 09:31:56 AM )         Total Marks: 1
The overall (weighted average) cost of capital is composed of weighted averages of which of the following?
Select correct option:
       The cost of common equity and the cost of debt
       The cost of common equity and the cost of preferred stock
       The cost of preferred stock and the cost of debt
       The cost of common equity, the cost of preferred stock, and the cost of debt
4
Question # 6 of 15 ( Start time: 09:32:46 AM )         Total Marks: 1
Which of the following could be defined as the capital structure of the Company?
Select correct option:
       The firm's mix of different securities
       The firm's debt-equity ratio
       The market imperfection that the firm's manager can exploit
       All of the above
2
Question # 7 of 15 ( Start time: 09:33:13 AM )         Total Marks: 1
Upon which of the following a firm's degree of operating leverage (DOL) depends primarily?
Select correct option:
       Sales variability
       Level of fixed operating costs
       Closeness to its operating break-even point
       Debt-to-equity ratio
3
Question # 8 of 15 ( Start time: 09:33:52 AM )         Total Marks: 1
Consider two bonds, A and B. Both bonds presently are selling at their par value of Rs. 1,000. Each pays interest of Rs. 120 annually. Bond A will mature in 5 years while bond B will mature in 6 years. If the yields to maturity on the two bonds change from 12% to 10%, __________.
Select correct option:
       Both bonds will increase in value, but bond A will increase more than bond B
       Both bonds will increase in value, but bond B will increase more than bond A
       Both bonds will decrease in value, but bond A will decrease more than bond B
       Both bonds will decrease in value, but bond B will decrease more than bond A
2
Question # 9 of 15 ( Start time: 09:34:26 AM )         Total Marks: 1
The explicit costs associated with corporate default, such as legal expenses, are the _________ of the firm.
Select correct option:
       Flotation costs
       Default beta coefficients
       Direct bankruptcy costs
       Indirect bankruptcy costs
3
Question # 10 of 15 ( Start time: 09:35:00 AM )         Total Marks: 1
Which of the following portfolio statistics statements is correct?
Select correct option:
       A portfolio's expected return is a simple weighted average of expected returns of the individual securities comprising the portfolio.
       A portfolio's standard deviation of return is a simple weighted average of individual security return standard deviations.
       The square root of a portfolio's standard deviation of return equals its variance.
       The square root of a portfolio's standard deviation of return equals its coefficient of variation.
1
Question # 11 of 15 ( Start time: 09:35:39 AM )         Total Marks: 1
Calculate the break-even point for sales revenues given the following information. The firm has Rs.1, 000,000 in fixed costs. The firm anticipates that variable costs will be Rs.1 for every Rs.5 in sales.
Select correct option:
       Rs.1, 250,000
       Rs.1, 000,000
       Rs.250, 000
       Rs.200, 000
1
Question # 12 of 15 ( Start time: 09:36:02 AM )         Total Marks: 1
Which of the following equation is NOT correct?
Select correct option:
       Gross Revenue – Admin & Operating Expenses = Operating Revenue
       Other Expenses + Other Revenue = EBIT
       EBIT – Financial Charges & Interest = EBT
       Net Income – Dividends = Retained Earning
2
Question # 13 of 15 ( Start time: 09:36:40 AM )         Total Marks: 1
If 2 stocks move in the same direction together then what will be the correlation coefficient?
Select correct option:
       0
       1.0
       -1.0
       1.5
2
Question # 14 of 15 ( Start time: 09:37:02 AM )         Total Marks: 1
Which of the following is NOT an example of a financial intermediary?
Select correct option:
       Wisconsin S&L, a savings and loan association
       Strong Capital Appreciation, a mutual fund
       Microsoft Corporation, a software firm
       College Credit, a credit union
3
Question # 15 of 15 ( Start time: 09:37:29 AM )         Total Marks: 1
Which of the following could be taken same as minimizing the weighted average cost of capital?
Select correct option:
       Maximizing the market value of the firm
       Maximizing the market value of the firm only if MM's Proposition I
       Minimizing the market value of the firm only if MM's Proposition I holds
       Maximizing the profits of the firm
3
 Sent at 9:37 AM on Wednesday

Quiz Start Time: 09:42 AM        
Time Left         75
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Question # 2 of 15 ( Start time: 09:49:39 AM )         Total Marks: 1
Which of the following is the maximum amount of debt (and other fixed-charge financing) that a firm can adequately service?
Select correct option:
       Debt capacity
       Debt-service burden
       Adequacy capacity
       Fixed-charge burden
1
Quiz Start Time: 09:42 AM        
Time Left         76
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Question # 6 of 15 ( Start time: 09:53:17 AM )         Total Marks: 1
An arbitrage opportunity exists if an investor can construct a ________ investment portfolio that will yield a sure profit.
Select correct option:
       Positive
       Negative
       Zero
       All of the above
3
Question # 7 of 15 ( Start time: 09:53:43 AM )         Total Marks: 1
Upon which of the following a firm's degree of operating leverage (DOL) depends primarily?
Select correct option:
       Sales variability
       Level of fixed operating costs
       Closeness to its operating break-even point
       Debt-to-equity ratio
3
Question # 8 of 15 ( Start time: 09:54:06 AM )         Total Marks: 1
Which of the following is the maximum amount of debt (and other fixed-charge financing) that a firm can adequately service?
Select correct option:
       Debt capacity
       Debt-service burden
       Adequacy capacity
       Fixed-charge burden
1
Question # 9 of 15 ( Start time: 09:54:27 AM )         Total Marks: 1
Where the stock points will lie, if a stock is a part of totally diversified portfolio?
Select correct option:
       It will lie below the regression line
       It will line above the regression line
       It will line exactly on the regression line
       It will be tangent to the regression line
3
Question # 10 of 15 ( Start time: 09:54:55 AM )         Total Marks: 1
A set of possible values that a random variable can assume and their associated probabilities of occurrence are referred to as ________.
Select correct option:
       Probability distribution
       The expected return
       The standard deviation
       Coefficient of variation
1
Question # 11 of 15 ( Start time: 09:55:20 AM )         Total Marks: 1
The ________ the coefficient of variation ______ the relative risk of the investment.
Select correct option:
       Larger; Larger
       Larger; Smaller
       Smaller; Larger
       Smaller; Smaller
1
Question # 12 of 15 ( Start time: 09:55:40 AM )         Total Marks: 1
You are considering two investment proposals, project A and project B. B's expected net present value is Rs. 1,000 greater than that for A and A's dispersion of net present value is less than that for B. On the basis of risk and return, what would be your conclusion?
Select correct option:
       Project A dominates project B
       Project B dominates project A
       Neither project dominates the other in terms of risk and return
       Incomplete information
3
Question # 13 of 15 ( Start time: 09:55:58 AM )         Total Marks: 1
Which of the following could be taken same as minimizing the weighted average cost of capital?
Select correct option:
       Maximizing the market value of the firm
       Maximizing the market value of the firm only if MM's Proposition I
       Minimizing the market value of the firm only if MM's Proposition I holds
       Maximizing the profits of the firm
3
Question # 14 of 15 ( Start time: 09:56:22 AM )         Total Marks: 1
Which of the following statements is TRUE regarding Permanent Accounts?
Select correct option:
       Accounts that are found on Income Statement
       Accounts that are found on Statement of Retained Earnings
       Accounts that are found on Balance Sheet
       All of the given options
3
Question # 15 of 15 ( Start time: 09:56:49 AM )         Total Marks: 1
Why companies invest in projects with negative NPV?
Select correct option:
       Because there is hidden value in each project
       Because there may be chance of rapid growth
       Because they have invested a lot
       All of the given options
1
Question # 1 of 15 ( Start time: 09:59:57 AM )         Total Marks: 1
Total portfolio risk is ________.
Select correct option:
       Equal to systematic risk plus non-diversifiable risk
       Equal to avoidable risk plus diversifiable risk
       Equal to systematic risk plus unavoidable risk
       Equal to systematic risk plus diversifiable risk
4
Question # 2 of 15 ( Start time: 10:00:52 AM )         Total Marks: 1
A statistical measure of the variability of a distribution around its mean is referred to as ________.
Select correct option:
       Probability distribution
       Expected return
       Standard deviation
       Coefficient of variation
3
Question # 3 of 15 ( Start time: 10:01:18 AM )         Total Marks: 1
Who or what is a person or institution designated by a bond issuer as the official representative of the bondholders?
Select correct option:
       Indenture
       Debenture
       Bond
       Bond trustee4
Question # 4 of 15 ( Start time: 10:01:39 AM )         Total Marks: 1
Upon which of the following a firm's degree of operating leverage (DOL) depends primarily?
Select correct option:
       Sales variability
       Level of fixed operating costs
       Closeness to its operating break-even point
       Debt-to-equity ratio
3
Question # 5 of 15 ( Start time: 10:02:00 AM )         Total Marks: 1
The ________ the coefficient of variation ______ the relative risk of the investment.
Select correct option:
       Larger; Larger
       Larger; Smaller
       Smaller; Larger
       Smaller; Smaller
1
Question # 6 of 15 ( Start time: 10:02:23 AM )         Total Marks: 1
Which of the following is type a Temporary Account?
Select correct option:
       Asset
       Liability
       Reserves
       Revenue
4
Question # 7 of 15 ( Start time: 10:02:50 AM )         Total Marks: 1
What should be the focal point of financial management in a firm?
Select correct option:
       The number and types of products or services provided by the firm
       The minimization of the amount of taxes paid by the firm
       The creation of value for shareholders
       The dollars profits earned by the firm
3
Question # 8 of 15 ( Start time: 10:03:13 AM )         Total Marks: 1
Where the stock points will lie, if a stock is a part of totally diversified portfolio?
Select correct option:
       It will lie below the regression line
       It will line above the regression line
       It will line exactly on the regression line
       It will be tangent to the regression line
3
Question # 9 of 15 ( Start time: 10:03:35 AM )         Total Marks: 1
______ are also known as Spontaneous Financing.
Select correct option:
       Current liabilities
       Current assets
       Fixed assets
       Long-term liabilities
1
Question # 10 of 15 ( Start time: 10:03:54 AM )         Total Marks: 1
The RBS pays 5.60%, compounded daily (based on 360 days), on a 9-month certificate of deposit, if you deposit Rs.20, 000 you would expect to earn around ________ in interest.
Select correct option:
       Rs.840
       Rs.858
       Rs.1,032
       Rs.1,121
2
Question # 11 of 15 ( Start time: 10:04:13 AM )         Total Marks: 1
The logic behind _______ is that instead of looking at net cash flows you look at cash inflows and outflows separately for each point in time.
Select correct option:
       IRR
       MIRR
       PV
       NPV
2
Question # 12 of 15 ( Start time: 10:04:33 AM )         Total Marks: 1
Which of the following factor(s) do NOT affects the movements in the market index?
Select correct option:
       Macroeconomic factors
       Socio political factors
       Social factors
       All of the given options
3
Question # 13 of 15 ( Start time: 10:04:55 AM )         Total Marks: 1
Which of the following is as EBIT?
Select correct option:
       Funds provided by operations
       Earnings before taxes
       Net income
       Operating profit
4
Question # 14 of 15 ( Start time: 10:05:13 AM )         Total Marks: 1
Which of the following refers to a policy of dividend "smoothing"?
Select correct option:
       Maintaining a constant dividend payout ratio
       Keeping the regular dividend at the same level indefinitely
       Maintaining a steady progression of dividend increases over time
       Alternating cash dividends with stock dividends
3
Question # 15 of 15 ( Start time: 10:05:43 AM )         Total Marks: 1
If risk and return combination of any stock is above the SML, what does it mean?
Select correct option:
       It is offering lower rate of return as compared to the efficient stock
       It is offering higher rate of return as compared to the efficient stock
       Its rate of return is zero as compared to the efficient stock
       It is offering rate of return equal to the efficient stock
2
Question # 1 of 15 ( Start time: 10:10:03 AM )         Total Marks: 1
Which of the following is NOT an example of hybrid equity
Select correct option:
       Convertible Bonds
       Convertible Debenture
       Common shares
       Preferred shares
3
Question # 3 of 15 ( Start time: 10:11:00 AM )         Total Marks: 1
What should be used to calculate the proportional amount of equity financing employed by a firm?
Select correct option:
       The common stock equity account on the firm's balance sheet
       The sum of common stock and preferred stock on the balance sheet
       The book value of the firm
       The current market price per share of common stock times the number of shares Outstanding
4
Question # 5 of 15 ( Start time: 10:12:23 AM )         Total Marks: 1
Which of the following is related to the use Lower financial leverage?
Select correct option:
       Fixed costs
       Variable costs
       Debt financing
       Common equity financing
4
Question # 6 of 15 ( Start time: 10:12:46 AM )         Total Marks: 1
A 5-year ordinary annuity has a present value of Rs.1,000. If the interest rate is 8 percent, the amount of each annuity payment is closest to which of the following?
Select correct option:
       Rs. 250.44
       Rs. 231.91
       Rs.181.62
       Rs.184.08
1
Question # 7 of 15 ( Start time: 10:13:08 AM )         Total Marks: 1
The objective of financial management is to maximize _______ wealth.
Select correct option:
       Stakeholders
       Shareholders
       Bondholders
       Directors
2
Question # 8 of 15 ( Start time: 10:13:32 AM )         Total Marks: 1
Which of the following stipulate a relationship between expected return and risk?
Select correct option:
       APT stipulates
       CAPM stipulates
       Both CAPM and APT stipulate
       Neither CAPM nor APT stipulate
3
Question # 9 of 15 ( Start time: 10:13:51 AM )         Total Marks: 1
Which type of responsibilities are primarily assigned to Controller and Treasurer respectively?
Select correct option:
       Operational; financial management
       Financial management; accounting
       Accounting; financial management
       Financial management; operations
3
Question # 11 of 15 ( Start time: 10:14:26 AM )         Total Marks: 1
The stock in your portfolio was selling for Rs.40 per share yesterday, but has today declared a three for two split. Which of the following statements seems to be true?
Select correct option:
       There will be two-thirds as many shares outstanding, and they will sell for Rs.60.00 each
       There will be four times as many shares outstanding, and they will sell for Rs.160.00 each
       There will be 50 percent more shares outstanding and they will sell for Rs.26.67 each
       There will be one-and-one-half times as many shares outstanding, and they will sell for Rs.60.00 each
3
Question # 12 of 15 ( Start time: 10:15:01 AM )         Total Marks: 1
Which of the following is correct regarding the opportunity cost of capital for a project?
Select correct option:
       The opportunity cost of capital is the return that investors give up by investing in the project rather than in securities of equivalent risk.
       Financial managers use the capital asset pricing model to estimate the opportunity cost of capital
       The company cost of capital is the expected rate of return demanded by investors in a company
       All of the given options
4
Question # 13 of 15 ( Start time: 10:15:20 AM )         Total Marks: 1
When taxes are considered, the value of a levered firm equals the value of the______.
Select correct option:
       Unlevered firm
       Unlevered firm plus the value of the debt
       Unlevered firm plus the present value of the tax shield
       Unlevered firm plus the value of the debt plus the value of the tax shield
3
Question # 14 of 15 ( Start time: 10:15:50 AM )         Total Marks: 1
Which of the following is the cash required during a specific period to meet interest expenses and principal payments?
Select correct option:
       Debt capacity
       Debt-service burden
       Adequacy capacity
       Fixed-charge burden
2
Question # 15 of 15 ( Start time: 10:16:14 AM )         Total Marks: 1
Nominal Interest Rate is also known as:
Select correct option:
       Effective interest Rate
       Annual percentage rate
       Periodic interest rate
       Required interest rate
2





  

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