Fin/571 quiz two (2015) 6/6 correct answers

Don't use plagiarized sources. Get Your Assignment on
Fin/571 quiz two (2015) 6/6 correct answers
Just from $13/Page
Order Now

Fin/ 571 quiz 2

1- Which one of the following statements about trend analysis is NOT correct? Sole proprietorship

a-      All of these are true statements.

b-      The standard industrial classification (SIC) system is used to identify benchmark firms.

c-       This benchmark is based on a firm’s historical performance.

d-      It allows management to examine each ratio over time and determine whether the trend is good or bad for the firm.


2- Coverage ratios: sectors, Inc., has an EBIT of $7,221,643 and interest expense of $611,800. Its depreciation for the year is $1,434,500. What is its coverage ratio?

a-      14.5 times

b-      15.42 times

c-       None of these

d-      18.34 times

3- Multiples analysis: turner corp. had debt of $230 million and generated a net income of $ 121 million in the last fiscal year. In attempting to determine the total value of the firm, an investor identified a similar firm in Jacob’s Inc., an all –equity firm. This firm had 150 million shares outstanding, a share price of $14.25, and net income of $182 million. What is the total value of Turner Corp? Round to the nearest million dollars

a-      $1,421 million

b-      $1,715 million

c-       $1,191 million

d-      $1,651 million

4- Coverage ratios, like times interest earned and cash coverage ratio, allow

a-      Afirm’s management to assess how well they meet short-term liabilities.

b-      A firm’s shareholders to assess how well the firm will meet its short-term liabilities.

c-       A firm’s creditors to assess how well the firm will meet its short-term liabilities other than interest expense.

d-      A firm’s creditors to assess how well the firm will meet its interest obligations.

5- Peer group analysis can be performed by

a-      Management choosing a set of firms that are similar in size or sales, or who compete in the same market.

b-      Using the average ratios of this peer group which would then be used as the benchmark.

c-       Identifying firms in the same industry that are grouped by size, sales, and product lines, in order to establish benchmark ratios.

d-      Only a and b relate to peer group analysis.

6- Efficiency ratio: If Viera, Inc., has an accounts receivable turnover of 3.9 times and net sales of $ 3,436,812, what is its level of receivables?

a-      $ 81,234

b-      $ 881,234

c-       $ 13,403,567

d-      $1,340,357

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Thank you for your promptness
Customer 453627, January 23rd, 2020
Did an excellent job on the paper!
Customer 463095, June 22nd, 2022
This week's order was phenomenally written and I did not have to request any revisions! Thank you to the writer for following all instructions as written and writing a phenomenal discussion paper.
Customer 452455, February 3rd, 2023
Thank You
Customer 462669, March 11th, 2022
Home Repair & Home Maintenance
Good job!
Customer 463337, November 21st, 2022
The writer did an incredible job on the ppt presentation this week. I am disappointed with support for the lack of communication between me and the writer which caused the paper to be late. Overall, the ppt presentation was done and the writer did a phenomenal job.
Customer 452455, February 9th, 2023
good job
Customer 456821, October 24th, 2022
Business and administrative studies
Great content.
Customer 462275, April 4th, 2022
Business Studies
Customer 453413, April 16th, 2020
Social Work and Human Services
Customer 460073, June 20th, 2022
good work
Customer 452819, September 15th, 2022
Job well done!!!
Customer 453939, February 24th, 2020
Customer reviews in total
Current satisfaction rate
3 pages
Average paper length
Customers referred by a friend
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat