Question1: The cumulative effect of the declaration & payment of a cash dividend will:
[A] Decrease liabilities and stockholders' equity
[B] Increase liabilities and stockholders' equity
[C] Increase assets and stockholders' equity
[D] Decrease assets and stockholders' equity
Question2: When output is 50, fixed costs are $1,000 & variable costs are $2,000. Calculate the average total costs?
[A] $60
[B] $80
[C] $20
[D] $40
Question3: The shift from a classical perspective of management to a more humanistic approach during the 20th
[A] Fredrick W. Taylor's scientific management approach
[B] Max Weber's bureaucratic organization approach
[C] The effects of World War II
[D] Century is often credited to:
[E] The result of the Hawthorne studies
Question4: A company is considering 3 projects with the following cash flows:
|
Project
|
A
|
B
|
C
|
|
Year 1
|
$5,000
|
$3,500
|
$2,000
|
|
Year 2
|
4,000
|
3,500
|
3,000
|
|
Year 3
|
3,000
|
3,500
|
4,000
|
|
Year 4
|
2,000
|
3,500
|
5,000
|
Which project will have the highest Net Present Value if all of the projects are discounted apply the same discounting factor?
[A] Project C
[B] Project A
[C] Project B
[D] There is not enough information given to determine which project will have the higher Net Present Value