FIN100-HK1. Principles of Finance - Final Term Exam Questions And Answers

The primary goal of a publicly owned corporation is to maximize shareholder wealth The five basic principles of finance include al of the following EXCEPT: incremental profits determine value All of the following measure liquidity EXCEPT operating return on assets Williams Inc. has a current ratio equal to 3, a quick ratio equal to 1.8, and total current assets of 6 million. Williams' inventory balance is: 2,400,000 Benkart Corporation has sales of 5,000,000, net income of 800,000, total assets of 2,000,000 and 100,000 shares of common stock outstanding. If Benkart's P/E ratio is 12, what is the company's current stock price? $96 per share A firm that wants to know if it has enough cash to meet its bills would be most likely to use which kind of ratio? liquidity The present value of a single future sum depends upon the number of discount periods the 3 basic type of issues addressed by the study of finance are