1. Jane plans on saving $1,000 a year for ten years. She would like to know the value of these savings in ten years. Mary should solve for the:
a. Present value factor.
b. Future value factor.
c. Compounded value.
d. Present value.
e. Future value.
2. A decrease in a firm's capital intensity ratio implies a decrease in how efficiently it uses its assets to generate sales.
True
False
7. Stakeholder theory suggests that employees, customers, suppliers, and various levels of government all have financial interests in the firm.
True
False
8. Given the following statement of comprehensive income data, calculate operating cash flow: net sales = $16,500, cost of goods sold = $10,000, operating expenses = $3,118, depreciation = $1,000, interest expense = $900, tax rate = 34%.
a. $2,878.12
b. $2,647.12
c. $667.92
d. $1,912.00
e. $2,687.92