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BUSI 7110 EXAM WITH COMPLETE QUESTIONS
AND CORRECT VERIFIED ANS WERS LATEST UPDATE
JUST RELEASED THIS YEAR
Question: An increase in which one of the following accounts increases a firm's current ratio
without affecting its quick ratio?
A Inventory
B Accounts receivable
C Accounts payable
D Cash
E Fixed assets - ANSWER✔✔A
Question: A partnership:
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A allows for easy transfer of interest from one general partner to another.
B has the same ability as a corporation to raise capital.
C is taxed the same as a corporation.
D terminates at the death of any limited partner.
E creates an unlimited liability for all general partners for the partnership's debts. -
ANSWER✔✔E
Question: A firm has 12,000 shares of stock outstanding, sales of $638,100, a profit margin of
8.2 percent, a tax rate of 21 percent, a price-earnings ratio of 11.3, and a book value per share
of $7.98. What is the market-to-book ratio?
A 6.08
B 6.90
C 5.42
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D 6.17
E 5.16 - ANSWER✔✔D
Question: A firm's capital structure refers to the firm's:
A combination of accounts appearing on the left side of its balance sheet.
B proportions of financing from current and long-term debt and equity.
C mixture of various types of production equipment.
D combination of cash and cash equivalents.
E investment selections for its excess cash reserves. - ANSWER✔✔B
QUESTION: One disadvantage of the corporate form of business ownership is the:
A difficulties encountered when changing ownership.
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B double taxation of profits.
C unlimited life of the firm.
C limited liability protection provided for all owners.
E firm's ability to raise cash. - ANSWER✔✔B
Question: The long-term debt ratio is probably of most interest to a firm's:
A suppliers.
B employees.
C stockholders.
D credit customers
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SUCCESS!
BUSI 7110 EXAM WITH COMPLETE QUESTIONS
AND CORRECT VERIFIED ANS WERS LATEST UPDATE
JUST RELEASED THIS YEAR
Question: An increase in which one of the following accounts increases a firm's current ratio
without affecting its quick ratio?
A Inventory
B Accounts receivable
C Accounts payable
D Cash
E Fixed assets - ANSWER✔✔A
Question: A partnership:
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A allows for easy transfer of interest from one general partner to another.
B has the same ability as a corporation to raise capital.
C is taxed the same as a corporation.
D terminates at the death of any limited partner.
E creates an unlimited liability for all general partners for the partnership's debts. -
ANSWER✔✔E
Question: A firm has 12,000 shares of stock outstanding, sales of $638,100, a profit margin of
8.2 percent, a tax rate of 21 percent, a price-earnings ratio of 11.3, and a book value per share
of $7.98. What is the market-to-book ratio?
A 6.08
B 6.90
C 5.42
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D 6.17
E 5.16 - ANSWER✔✔D
Question: A firm's capital structure refers to the firm's:
A combination of accounts appearing on the left side of its balance sheet.
B proportions of financing from current and long-term debt and equity.
C mixture of various types of production equipment.
D combination of cash and cash equivalents.
E investment selections for its excess cash reserves. - ANSWER✔✔B
QUESTION: One disadvantage of the corporate form of business ownership is the:
A difficulties encountered when changing ownership.
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B double taxation of profits.
C unlimited life of the firm.
C limited liability protection provided for all owners.
E firm's ability to raise cash. - ANSWER✔✔B
Question: The long-term debt ratio is probably of most interest to a firm's:
A suppliers.
B employees.
C stockholders.
D credit customers
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