WGU D775 INTRO TO BUSINESS FINANCE OA EXAM WITH CORRECT ACTUAL QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY GRADED A+

WGU D775 INTRO TO BUSINESS FINANCE
OA EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL
DEFINED ANSWERS LATEST ALREADY
GRADED A+



1. What is the primary goal of financial management?


A. Maximize employee satisfaction
✔ B. Maximize shareholder wealth
C. Minimize taxes
D. Increase production output


Answer: ✔ B


Explanation:
The main objective of business finance is to maximize
shareholder wealth by increasing the value of the firm,
usually reflected in stock price or profitability.

,2. Which financial statement shows a company’s assets,
liabilities, and equity?


A. Income Statement
✔ B. Balance Sheet
C. Cash Flow Statement
D. Statement of Retained Earnings


Answer: ✔ B


Explanation:
The balance sheet provides a snapshot of financial position
at a specific point in time.


3. What does liquidity refer to?


A. Long-term profitability
✔ B. Ability to meet short-term obligations
C. Total debt level
D. Market value of assets

,Answer: ✔ B


Explanation:
Liquidity measures how easily a company can convert assets
into cash to pay short-term debts.


4. Which ratio measures profitability relative to revenue?


A. Debt ratio
B. Current ratio
✔ C. Profit margin
D. Quick ratio


Answer: ✔ C


Explanation:
Profit margin = Net income / Revenue.


5. What is the formula for current ratio?

, A. Assets / Equity
✔ B. Current Assets / Current Liabilities
C. Net Income / Revenue
D. Debt / Assets


Answer: ✔ B


Explanation:
It measures short-term financial health.


6. What is working capital?


A. Total assets
✔ B. Current assets minus current liabilities
C. Long-term debt
D. Net income


Answer: ✔ B


Explanation: