WGU FINANCE EXAM 79 QUESTIONS WITH
VERIFIED ANSWERS 2025/2026
max shareholder value
pay out dividends
valuate projects - CORRECT ANSWER Purpose of corporate finance?
provide investors w/ complete info
created registration forms
Rule 144- sale of restricted and controlled securities w/out registration
Regulation S- safe harbor for securities in another country - CORRECT ANSWER
Securities Exchange of 1933
govern secondary trade
regulate brokers and dealers
amended by Maloney Act - CORRECT ANSWER Securities Exchange of 1934
top management must certify the financial documents
more outside auditors
reaction to corporate scandals - CORRECT ANSWER Sarbanes Oxley Act of 2002
assets = liabilities + equity - CORRECT ANSWER accounting equation
Revenue
, Minus COGS
equals Gross Profit
Minus Expenses
equals Operating Profit
Minus taxes
Net Earnings - CORRECT ANSWER income statement layout
profit- using assets, controlling expenses
liquidity- ability to pay debt
activity/efficiency- use of resources
debt/leverage- ability to pay long term debt
market- stock value - CORRECT ANSWER 5 ratio categories
how much the company is making - CORRECT ANSWER operation margin
if the company has enough money to pay debt over 12 months - CORRECT
ANSWER current ratio
relative value of company compared to others - CORRECT ANSWER price to
earnings
earnings of most recent 12 month over weighted average of number of common
shares - CORRECT ANSWER trailing P/E (P/E ttm)
VERIFIED ANSWERS 2025/2026
max shareholder value
pay out dividends
valuate projects - CORRECT ANSWER Purpose of corporate finance?
provide investors w/ complete info
created registration forms
Rule 144- sale of restricted and controlled securities w/out registration
Regulation S- safe harbor for securities in another country - CORRECT ANSWER
Securities Exchange of 1933
govern secondary trade
regulate brokers and dealers
amended by Maloney Act - CORRECT ANSWER Securities Exchange of 1934
top management must certify the financial documents
more outside auditors
reaction to corporate scandals - CORRECT ANSWER Sarbanes Oxley Act of 2002
assets = liabilities + equity - CORRECT ANSWER accounting equation
Revenue
, Minus COGS
equals Gross Profit
Minus Expenses
equals Operating Profit
Minus taxes
Net Earnings - CORRECT ANSWER income statement layout
profit- using assets, controlling expenses
liquidity- ability to pay debt
activity/efficiency- use of resources
debt/leverage- ability to pay long term debt
market- stock value - CORRECT ANSWER 5 ratio categories
how much the company is making - CORRECT ANSWER operation margin
if the company has enough money to pay debt over 12 months - CORRECT
ANSWER current ratio
relative value of company compared to others - CORRECT ANSWER price to
earnings
earnings of most recent 12 month over weighted average of number of common
shares - CORRECT ANSWER trailing P/E (P/E ttm)
