知道网课智慧树《财务管理（宁波工程学院）》章节测试答案

第一章单元测试第二章单元测试第三章单元测试第四章单元测试第五章单元测试第六章单元测试第七章单元测试第八章单元测试第九章单元测试第十章单元测试第十一章单元测试第十二章单元测试第十三章单元测试第十四章单元测试第十五章单元测试第一章单元测试1【单选题】(2分)Whatshouldbetheprimarygoaloffinancialmanagement?（）A.MaximizingcashflowB.MaximizingshareholderwealthC.IncreasedearningsD.Minimizingriskofthefirm2【单选题】(2分)Agencytheoryexaminestherelationshipbetweenthe（）A.ownersofthefirmandthemanagersofthefirm.B.shareholdersandthefirm'stransferagent.C.boardofdirectorsandlargeinstitutionalinvestors.D.shareholdersofthefirmandthefirm'sinvestmentbanker.3.【多选题】正确答案：ABCDAcorporationis（）A.easilydivisiblebetweenowners.B.ownedbystockholderswhoenjoytheprivilegeoflimitedliability.C.aseparatelegalentitywithunlimitedlife.D.anentitywhichpayscorporatetax.4【判断题】Theemphasisoffinancialmanagementhasbeenontherelationshipbetweenriskandreturn.（）A.对B.错5【判断题】Profitsofsoleproprietorshipsaretaxedatcorporatetaxrates.（）A.对B.错第二章单元测试1【单选题】(2分)ElginBatteryManufacturershadsalesof$1,000,000in2015andtheircostofgoodssoldis$700,000.Sellingandadministrativeexpenseswere$100,000.Depreciationexpensewas$80,000andinterestexpensefortheyearwas$10,000.Thefirm'staxrateis30percent.Whatisthedollaramountoftaxespaidin2015?（）A.$36,000B.$33,000C.$117,800D.$300,0002【单选题】(2分)Whichofthefollowingwouldnotbeclassifiedasacurrentasset?（）A.PrepaidexpensesB.InventoryC.MarketablesecuritiesD.Plantpropertyandequipment3.【多选题】正确答案：ABCWhichofthefollowingisaprimarysourceofraisingmoneyorcapitalforthefirm?（）A.CommonstockB.BondsC.PreferredstockD.Assets4【判断题】Theincomestatementisthemajordeviceformeasuringtheprofitabilityofafirmoveraperiodoftime.（）A.错B.对5【判断题】Abalancesheetrepresentstheassets,liabilities,andowner'sequityofacompanyatagivenpointintime.（）A.错B.对第三章单元测试1【单选题】(2分)Afirmhasadebt-to-equityratioof40%,adebtof$250,000,andanetincomeof$100,000.Thereturnonequityis（）A.There'snotenoughinformationtodeterminethereturnonequityB.16%.C.60%.D.30%.2【单选题】(2分)Afirmhastotalassetsof$3,000,000andstockholdersequityis$1,000,000.Whatisthedebt-to-totalassetratio?（）A.75%B.55%C.45%D.67%3.【多选题】正确答案：ABDWhichofthefollowingisconsideredtobeaprofitabilityratio?（）A.ReturnonequityB.Returnonassets(investment)C.TimesinterestearnedD.Profitmargin4【判断题】Profitabilityratiosallowonetomeasuretheabilityofthefirmtoearnanadequateprofitcomparedtosales,totalassets,andinvestedcapital.（）A.对B.错5【判断题】Returnonequitywillbehigherthanreturnonassetsifthereishigheramountsofdebtinthecapitalstructure.（）A.错B.对第四章单元测试1【单选题】(2分)Ifafirmhasfixedcostsof$60,000,asalespriceof$7.00perunit,andabreak-evenpointof25,000units,thevariablecostperunitis（）.A.$4.00B.$5.00C.$5.40D.$4.602【单选题】(2分)Ifafirmhasthelowestpossibledegreeofoperatingleverageandthelowestpossibledegreeoffinancialleverage,then（）A.DOLequals0,andDFLequals1.B.NoneoftheoptionsC.DOLequals1,andDFLequals0.D.DOLequals1,andDFLequals1.3.【多选题】正确答案：ABCIffixedcostsrisewhileothervariablesstayconstant（）A.thebreak-evenpointrises.B.thedegreeofoperatingleverageincreases.C.totalprofitdeclines.D.None.4【判断题】Afirmwithahighdegreeoffinancialleveragecouldfacefinancialdifficultyeventhoughitisinastableindustry.（）A.错B.对5【判断题】Thelowerafirm’sbreak-evenpoint,theloweramountofquantityneedstobesoldinordertoreachaprofitofzero.（）A.错B.对第五章单元测试1【单选题】(2分)Whichofthefollowingisthemostliquidasset?（）A.InventoryB.PrepaidexpensesC.CashequivalentsD.Accountsreceivable2【单选题】(2分)Whichofthefollowingisnotavalidreasonforholdingcash?（）A.Toearnthehighestreturnpossible.B.Tosatisfyemergencyneedsforfunds.C.Toprovideacompensatingbalanceforabank.D.Tomeettransactionrequirements.3.【多选题】正确答案：ABCDWhichofthefollowingaretrue?（）A.Highworkingcapitalisn’talwaysagoodthing.Itmightindicatethatthebusinesshastoomuchinventory,notinvestingitsexcesscash.B.Acompanyhasnegativeworkingcapitalifitsratioofcurrentassetstoliabilitiesislessthanone.C.Workingcapitalisameasureofacompany’sliquidity.D.Itisthedifferencebetweenacompany’scurrentassetandcurrentliability.4【判断题】Propermanagementofsales,receivables,payables,andinventoryformthebasisofcashflow.（）A.对B.错5【判断题】Formostfirms,theprimarymotiveforholdingcashisthetransactionmotive.（）A.对B.错第六章单元测试1【单选题】(2分)Inmanagingcashandmarketablesecurities,whatshouldbethemanager'sprimaryconcern?（）A.MaximizationofliquidassetsB.AcceptablereturnoninvestmentC.LiquidityandsafetyD.Maximizationofprofit2【单选题】(2分)Whichofthefollowingisgenerallyconsideredtobetheleastliquidofcurrentassets?（）A.CashequivalentsB.AccountsreceivableC.InventoryD.Marketablesecurities3.【多选题】正确答案：ABDSomeoftheservicesprovidedaroundtheclockbySWIFTare（）A.tradefinancetransactions.B.internationalpaymentsbetweenbanks.C.None.D.foreignexchange.4【判断题】Formostfirms,theprimarymotiveforholdingcashisthetransactionmotive.（）A.对B.错5【判断题】Cashmanagementbecomesmoreimportantasthelevelofshort-terminterestratesrises.（）A.对B.错第七章单元测试1【单选题】(2分)Tradecreditisconsideredwhattypeofloan?（）A.whenafirmowesmoneytoasupplier.B.alloftheanswersaretrue.C.whenafirmowesmoneytoacustomer.D.whenafirmowesmoneytoabank.2【单选题】(2分)Hedgingrefersto（）A.avoidingthefinancialfuturesmarket.B.avoidinghigh-riskinvestmentopportunities.C.atransactionthatreducesriskexposure.D.thesamethingasassetdiversification.3.【多选题】正确答案：BCDBankloanstobusinessfirms（）A.None.B.mayrequirecompensatingbalances.C.areusuallyshort-terminnature.D.arepreferredbythebankertobeself-liquidating.4【判断题】Companiestocanhedgingtoeliminateallorsomeforeigncurrencyrisk.（）A.对B.错5【判断题】Accountspayableisaspontaneoussourceoffundsthatusuallygrowsasthebusinessexpands.（）A.对B.错第八章单元测试1【单选题】(2分)PedroGonzalezwillinvest$5,000attheendofeachyear.Iftheinterestrateis8%,whatwilltheA.$12,885B.$6,300C.$16,230D.$15,4002【单选题】(2分)Fishermen’sCorp.isconsideringpurchasingaboat.Iftheboatwaspurchased,itisexpectedtoreceive$20,000attheendofthefirstyear,$40,000attheendofthesecondyear,and$60,000attheendofthethirdyearwithinitsbusiness.WhatistheboatworthtoFishermen’sCorptoday,assumean8%discountrate.（）A.$120,000B.$47,640C.$100,440D.$98,7563【单选题】(2分)Danwouldliketosave$1,500,000bythetimeheretiresin30yearsandbelieveshecanearnanannualreturnof8%.Howmuchdoesheneedtoinvestineachofthefollowingyearstoachievehisgoal?（）A.$13,241B.$10,727C.$133,239D.$52,4504【判断题】HigherinterestratesreducethepresentA.错B.对5【判断题】Whentheinflationrateiszero,thepresentA.对B.错第九章单元测试1【单选题】(2分)Therelationshipbetweenabond’ssalespriceandtheyieldtomaturity（）A.changesataconstantlevelforeachpercentagechangeofyieldtomaturity.B.changesataconstantlevelforeachpercentagechangeofyieldtomaturityandisaninverserelationship.C.isaninverserelationship.D.isalinearrelationship.2【单选题】(2分)A10-yearbondpays5%onafaceA.$3,390.85B.$693.25C.$1,386.09D.$386.003【单选题】(2分)Anissueofcommonstockisexpectedtopayadividendof$5.15attheendoftheyear.Itsgrowthrateisequalto6%.Iftherequiredrateofreturnis10%,whatisitscurrentprice?（）A.$36.92B.$128.75C.NoneoftheseoptionsarecorrectD.$96.004【判断题】InestimatingthemarketA.错B.对5【判断题】Theappropriatediscountrateforvaluationofbondsiscalledtheyieldtomaturity.（）A.对B.错第十章单元测试1【单选题】(2分)Financialcapitaldoesnotinclude（）A.workingcapital.B.preferredstocks.C.bonds.D.stocks.2【单选题】(2分)Forafirmpaying5%fornewdebt,thehigherthefirm'staxrate（）A.theafter-taxcostisunchanged.B.thehighertheafter-taxcostofdebt.C.thelowertheafter-taxcostofdebt.D.Notenoughinformationtojudge.3.【多选题】正确答案：ABDAfirm'scostoffinancing,inanoverallsense,isequaltoits（）A.requiredrateofreturnthatinvestorsseekforvariouskindsofsecurities.B.weightedaveragecostofcapital.C.None.D.requiredyieldthatinvestorsseekforvariouskindsofsecurities.4【判断题】Thecostofdebtisequaltothecurrentbondyieldonbondsofsimilarriskclass,adjustedforthecorporatetaxrate.（）A.错B.对5【判断题】Thecostofnewcommonstockisgreaterthanthecostofoutstandingcommonstock.（）A.错B.对第十一章单元测试1【单选题】(2分)Athighertaxrates,depreciationis（）A.Noneoftheseoptionsarecorrect.B.unaffected.C.morebeneficial.D.lessbeneficial.2【单选题】(2分)Assumeaprojecthasearningsbeforedepreciationandtaxesof$15,000,depreciationof$25,000,andthatthefirmhasa30%taxbracket.Whataretheafter-taxcashflowsfortheproject?（）A.Apositive$19,000B.Apositive$18,000C.Apositive$28,000D.Alossof$21,0003.【多选题】正确答案：ACDThereasoncashflowisusedincapitalbudgetingisbecause（）A.cashratherthanincomeisusedtopurchasenewmachines.B.None.C.cashoutlaysneedtobeevaluatedintermsofthepresentD.toignorethetaxshieldprovidedfromdepreciationwouldignorethecashflowprovidedbythemachine,whichshouldbereinvestedtoreplaceoldermachines.4【判断题】Inmostcapitalbudgetingdecisions,theemphasisshouldbeonreportedearningsratherthancashflows.（）A.对B.错5【判断题】Thepaybackmethodisverybasicbutitgivestheuseranunderstandingofwhenthecostoftheinitialprojectwillbecompletelypaidoff.（）A.对B.错第十二章单元测试1【单选题】(2分)Acallfeatureallows（）A.thebondholdertodemandincreasedcollateral.B.thecorporationtoconvertthebondtocommonstock.C.thecorporationtoredeemthebondbeforethematuritydate.D.thebondholdertoredeemthebondbeforethematuritydate.2【单选题】(2分)Aconversionfeatureallows（）A.thebondholdertoconvertthebondtocommonstock.B.thecorporationtoconvertthebondtootherdebt.C.thebondholdertoredeemthebondbeforethematuritydate.D.thebondholdertodemandincreasedcollateral.3.【多选题】正确答案：ACDWhichofthefollowingareadvantagesofleasing?（）A.Aleaseobligationmaybesubstantiallylessrestrictivethantheprovisionsofabondindenture.B.None.C.Theremaybenodownpaymentrequirementasinapurchase.D.Thenegativeeffectsofobsolescencemaybeeliminated.4【判断题】Ascorporatebondsmatureandbecomedueforpayment,it'scommonfortheborrowingcorporationtoreplacethisdebtwiththeissuanceofnewbonds.（）A.错B.对5【判断题】Ifyouexpectinterestratestogoup,youshouldsellalong-termbondnow.（）A.对B.错第十三章单元测试1【单选题】(2分)Corporationspreferbondsoverpreferredstockforfinancingtheiroperationsbecause（）A.preferredstocksrequireadividend.B.bondinterestrateschangewiththeeconomy,whilestockdividendsremainconstant.C.Noneoftheseoptionsaretrue.D.theafter-taxcostofdebtislessthanthecostofpreferredstock.2【单选题】(2分)Theeurois（）A.establishedinalloftheEuropeancountries.B.alloftheseoptionsaretrue.C.acommoncurrency,butcountriesthatuseitareallowedtohavetheirownmonetarypolicy.D.themostimportantinternationalcurrency.3.【多选题】正确答案：ABDGlobalcapitalmarketsareinfluencedby（）A.investorconfidence.B.relativeeconomicgrowth.C.none.D.interestrates.4【判断题】TheSarbanes-OxleyActof2002holdstheCEOandCFOlegallyaccountablefortheaccuracyoftheirfirm'sfinancialstatements.（）A.错B.对5【判断题】Asinterestratesdecline,bondrefundingshouldbecomemorecommon.（）A.对B.错第十四章单元测试1【单选题】(2分)Amajordesireofstockholdersregardingdividendpolicyis（）A.togiveoutnodividends,sothatthecompanycanusethecashtowardsfuturegrowth.B.highpayoutswhenearningsareup,andlowerpayoutswhenearningsaredown.C.dividendstability.D.frequentstockdividends.2【单选题】(2分)Astockdividendwill（）A.decreasethetotalB.changethetotalC.notaffectthetotalD.increasethetotalA.thefirm'sstockistemporarilydepressed.B.itprovidespositiveinformationalcontent.C.itwillincreasethestockholders'wealth.D.alloftheseoptionsarecorrect.4【判断题】Oneofthemajorinfluencesondividendsisthecorporategrowthrateinsalesandthesubsequentreturnonassets.（）A.对B.错5【判断题】S