HSC Business Studies 2000-2015 - Finance Questions

Bitte warte - es wird geladen…

Frage 1 von 78

What is a source of new capital for a public company?

Wähle eine der folgenden:

Primary market of the Australian Securities Exchange
Secondary market of the Australian Securities Exchange
Primary market of the Australian Securities and Investment Commission
Secondary market of the Australian Securities and Investment Commission

Erklärung

Frage 2 von 78

What is a characteristic of external equity finance?

Wähle eine der folgenden:

Specific maturity date
Low interest payments
Fixed returns to owners
Diluted business ownership

Erklärung

Frage 3 von 78

What is the net profit ratio (net profit ÷ sales) for 2014?

Wähle eine der folgenden:

Erklärung

Frage 4 von 78

Which of the following describes the change in gross profit ratio and expense ratio from 2014 to 2015?

Wähle eine der folgenden:

Erklärung

Frage 5 von 78

A business is planning to increase its market share by merging with a competitor.
What financial objective does this best illustrate?

Wähle eine der folgenden:

Growth
Liquidity
Profitability
Solvency

Erklärung

Frage 6 von 78

Which of the following would be found on an income statement?

Wähle eine der folgenden:

Accounts payable
Gross profit
Intangibles
Net assets

Erklärung

Frage 7 von 78

Why would a business choose debentures as a source of funding?

Wähle eine der folgenden:

To reduce financial risk
To provide security over assets
To retain ownership and control
To obtain cheap, short-term finance

Erklärung

Frage 8 von 78

Which of the following statements is true about liquidity for Kerry's Warehouse in 2014?

Wähle eine der folgenden:

It is better than industry average and has improved since 2013.
It is better than industry average and has worsened since 2013.
It is worse than industry average and has improved since 2013.
It is worse than industry average and has worsened since 2013.

Erklärung

Frage 9 von 78

Which of the following statements is true about gearing for Kerry's Warehouse in 2014?

Wähle eine der folgenden:

It is better than industry average and has improved since 2013.
It is better than industry average and has worsened since 2013.
It is worse than industry average and has improved since 2013.
It is worse than industry average and has worsened since 2013.

Erklärung

Frage 10 von 78

What does the expense ratio measure?

Wähle eine der folgenden:

Efficiency
Growth
Profitability
Solvency

Erklärung

Frage 11 von 78

Which of the following would immediately improve the working capital of a business?

Wähle eine der folgenden:

Increasing credit sales
Using sale and lease back
Preparing a cash flow statement
Repaying debt to creditors more quickly

Erklärung

Frage 12 von 78

Which of the following would improve the financial position of a business?

Wähle eine der folgenden:

Lower current ratio and lower accounts receivable turnover ratio
Higher current ratio and lower accounts receivable turnover ratio
Lower current ratio and higher accounts receivable turnover ratio
Higher current ratio and higher accounts receivable turnover ratio

Erklärung

Frage 13 von 78

Auditors have discovered that the value of legal fees paid has been included in the asset value of a new warehouse purchased by a business.
What limitation of financial reports does this show?

Wähle eine der folgenden:

Capitalised expenses
Debt repayments
Normalised earnings
Timing issues

Erklärung

Frage 14 von 78

What would be the best strategy for a business to increase its gross profit?

Wähle eine der folgenden:

Use cost centres
Reduce fixed costs
Minimise expenses
Use sale and leaseback

Erklärung

Frage 15 von 78

Which of the following groups would suffer the worst financial impact as a result of an increase in the value of the Australian dollar?

Wähle eine der folgenden:

Japanese shareholders of an Australian bank
Australian producers selling wine to New Zealand
Australian car makers purchasing inputs from Italy
American travel agents organising tours for Australians

Erklärung

Frage 16 von 78

Compared to the industry averages, this business has

Wähle eine der folgenden:

better solvency and better liquidity.
better solvency and poorer liquidity.
poorer solvency and better liquidity.
poorer solvency and poorer liquidity.

Erklärung

Frage 17 von 78

How is the role of the Reserve Bank of Australia best described?

Wähle eine der folgenden:

It provides loans to small businesses.
It provides insurance services for farmers.
It facilitates the buying and selling of shares.
It oversees the stability of the financial system.

Erklärung

Frage 18 von 78

What does a cash flow statement show?

Wähle eine der folgenden:

Assets
Liquidity
Profitability
Receivables

Erklärung

Frage 19 von 78

What is a derivative?

Wähle eine der folgenden:

An agreement to buy a foreign currency at an agreed price on some day in the
future
An assessment of the reliability of a customer’s capacity to make timely payments
A method of protecting the business against seizure of its assets by a foreign
government
A method of payment that allows a buyer to gain access to goods immediately and
promise to pay later

Erklärung

Frage 20 von 78

In 2010 an Australian company bought products from the USA.
If the Australian dollar rises in value against the US dollar before the payment is made, which of the following would be true?

Wähle eine der folgenden:

The company’s credit risk will increase.
The cost of insuring the product will increase.
The purchase price of the product will be greater
The company will have more funds available for other uses.

Erklärung

Frage 21 von 78

Which of the following are BOTH external sources of funds for a business?

Wähle eine der folgenden:

Bank loan, mortgage
Retained profits, leasing
Owner’s Equity, mortgage
Retained profits, factoring

Erklärung

Frage 22 von 78

What might happen as a result of a company having highly undervalued plant and
equipment on its balance sheet?

Wähle eine der folgenden:

Asset stripping
Growth in equity
Capital expansion
Factoring of liabilities

Erklärung

Frage 23 von 78

A business uses factoring to pay creditors.
Which financial objective is the business trying to achieve?

Wähle eine der folgenden:

Efficiency
Liquidity
Profitability
Solvency

Erklärung

Frage 24 von 78

An Australian business is negotiating an order with a new overseas customer. Which method of payment would involve the greatest risk for the Australian business?

Wähle eine der folgenden:

Open account
Letter of credit
Bill of exchange
Payment in advance

Erklärung

Frage 25 von 78

How has the financial position of the business changed from 2008 to 2009?

Wähle eine der folgenden:

Reduced solvency and increased risk
Reduced solvency and decreased risk
Improved solvency and increased risk
Improved solvency and decreased risk

Erklärung

Frage 26 von 78

What is the net profit ratio (net profit /sales) in 2008?

Wähle eine der folgenden:

Erklärung

Frage 27 von 78

Which statement describes how the financial position of Danok Ltd changed between 2008 and 2009?

Wähle eine der folgenden:

Gross profit ratio is unchanged and the expense ratio has improved.
Gross profit ratio has increased and the expense ratio has decreased.
Gross profit ratio has decreased and the expense ratio is unchanged.
Gross profit ratio has improved and the expense ratio has increased.

Erklärung

Frage 28 von 78

What is ONE use of a cash flow statement for management?

Wähle eine der folgenden:

To negotiate finance
To identify new markets
To determine the value of intangibles
To calculate depreciation of non-current assets

Erklärung

Frage 29 von 78

A business aims to increase its sales from $160 000 to $300 000 over the next 12 months. How might the business achieve this?

Wähle eine der folgenden:

By increasing advertising
By decreasing owners’ equity
By increasing mortgage repayments
By decreasing the size of the research team

Erklärung

Frage 30 von 78

One example of managing the sales mix for revenue control is to

Wähle eine der folgenden:

set sales objectives to achieve target profits.
judge a manager’s performance against sales.
determine a pricing policy for each product sold.
decide which range of products to offer customers.

Erklärung

Frage 31 von 78

Oz Juice signed a contract with an overseas supplier for future purchases of pineapples at a set exchange rate for $US. Which term best describes this financial strategy?

Wähle eine der folgenden:

Hedging
Insurance
Bill of exchange
Overseas borrowing

Erklärung

Frage 32 von 78

Which of the following best matches source of finance to business purpose?

Wähle eine der folgenden:

Increasing bank overdraft to buy a delivery van
Applying for a government grant to pay creditors
Using retained earnings to expand into new markets
Selling accounts receivable to replace furniture and fittings

Erklärung

Frage 33 von 78

Which of the following are external sources of funds for businesses?

Wähle eine der folgenden:

Grants, debentures, leasing, mortgage
Venture capital, loans, drawings, factoring
Accounts payable, owners’ equity, leasing, discounts
Bank overdraft, retained profits, factoring, bank bills

Erklärung

Frage 34 von 78

A business sells its accounts receivable to improve cash flow.
Which of the following best describes this strategy?

Wähle eine der folgenden:

Factoring
Equity financing
Sale and lease back
Accounts receivable turnover

Erklärung

Frage 35 von 78

Which statement best describes the changed financial position?

Wähle eine der folgenden:

Solvency has declined and profitability has increased from 2006 to 2007.
Profitability has decreased and solvency has improved from 2006 to 2007.
The expense ratio has improved and is closer to the industry average in 2007 than in 2006.
Solvency in 2007 is better than industry average and the expense ratio has improved from 2006.

Erklärung

Frage 36 von 78

What may have contributed to the change in the expense ratio?

Wähle eine der folgenden:

Increase in cash
Increase in purchases
Decrease in drawings
Decrease in interest rates

Erklärung

Frage 37 von 78

The financial manager of a furniture company has determined that improving turnover of accounts receivable will be the goal for the next financial year. Which objective is the financial manager aiming to improve?

Wähle eine der folgenden:

Efficiency
Liquidity
Profitability
Solvency

Erklärung

Frage 38 von 78

What is the main role of the Australian Stock Exchange?

Wähle eine der folgenden:

Conducting a public market in shares and debentures
Buying and selling securities in Australian businesses
Providing prudential supervision of financial institutions
Ensuring investors create economic growth and employment prospects

Erklärung

Frage 39 von 78

What is the current ratio (current assets/current liabilities)?

Wähle eine der folgenden:

0.33:1
1.25:1
1.5:1
3:1

Erklärung

Frage 40 von 78

What is the gearing ratio (total liabilities/owner's equity)?

Wähle eine der folgenden:

1.25:1
1.33:1
1.5:1
2:1

Erklärung

Frage 41 von 78

Which of the following is an advantage of using owner’s equity as a source of funds?

Wähle eine der folgenden:

The owner’s unproductive assets are liquidated.
There is no change of ownership as funding is internal.
The business can make tax savings in periods of high inflation.
The business is able to sustain prolonged periods of operating losses.

Erklärung

Frage 42 von 78

A clothing retailer places an order for goods from an overseas supplier for delivery within one month. The retailer negotiates to pay the account at the exchange rate existing at the time the order is placed.
Which of the following is the retailer doing?

Wähle eine der folgenden:

Hedging
Factoring
Cushioning the economic cycle
Engaging in foreign direct investment

Erklärung

Frage 43 von 78

What is the value of the gross profit ratio (gross profit/sales)?

Wähle eine der folgenden:

1:12
1:6
1:4
1:1.33

Erklärung

Frage 44 von 78

What is the return on owner’s equity (net profit/total equity)?

Wähle eine der folgenden:

8.3%
12.5%
37.5%
150%

Erklärung

Frage 45 von 78

In which two months might Nic’s Cafe experience a liquidity problem?

Wähle eine der folgenden:

October and November
November and December
November and January
December and January

Erklärung

Frage 46 von 78

Which of the following strategies would be most appropriate to solve this liquidity problem at Nic’s Cafe?

Wähle eine der folgenden:

Issue debentures
Obtain a mortgage
Seek venture capital
Apply for an overdraft

Erklärung

Frage 47 von 78

Domestic interest rates in Australia are below those of its trading partners. The Aussie Hat Company has borrowed funds to service the debt of an overseas subsidiary.
Which of the following will be the impact of this financial strategy?

Wähle eine der folgenden:

Increased gearing & Improved solvency
Increased gearing & Reduced solvency
Reduced accounts payable & Improved owner's equity
Reduced accounts payable & Reduced owner's equity

Erklärung

Frage 48 von 78

JJ’s Wool Company is considering purchasing 48% of shares in Hunter Cotton Ltd. Audited accounts show that the plant and equipment of Hunter Cotton Ltd are under-valued. JJ’s Wool Company hopes to profit if Hunter Cotton Ltd buys back the shares to maintain control of its company. Which of the following lists two ethical aspects that JJ’s Wool Company should consider?

Wähle eine der folgenden:

Asset stripping and lease back
Asset stripping and corporate raiding
Inappropriate cut-off periods and misuse of funds
Inappropriate cut-off periods and corporate raiding

Erklärung

Frage 49 von 78

Which of the following statements is correct?

Wähle eine der folgenden:

Net profit ratios compare favourably with the industry average.
There has been an improvement in the expense ratio from 2003 to 2004.
The expense ratio in 2004 compares favourably with the industry average.
Each of the profitability ratios indicates performance below industry averages.

Erklärung

Frage 50 von 78

Which of the following global changes could explain the increase in the 2004 expense ratio for Zahra’s Coffee Imports Pty Ltd?

Wähle eine der folgenden:

A depreciation of the Australian dollar
An appreciation of the Australian dollar
Widespread dumping of coffee due to excess supply
A new free trade agreement with one of the countries supplying this company

Erklärung

Frage 51 von 78

Which of the following ratios would Mitchell use to determine if his firm was using its resources to ensure it can meet its financial commitments in the longer term?

Wähle eine der folgenden:

Gross profit
Debt to equity
Return on owners’ equity
Accounts receivable turnover

Erklärung

Frage 52 von 78

An online supermarket business has decided to lease delivery vehicles rather than purchase them. What is the purpose of this strategy?

Wähle eine der folgenden:

To limit the capital costs of the business
To ensure that only new vehicles are used
To minimise the long-term costs of vehicles to the business
To avoid the registration and insurance costs of vehicle ownership

Erklärung

Frage 53 von 78

Calculate the value of Retained Profits.

Wähle eine der folgenden:

0
15 000
25 000
50 000

Erklärung

Frage 54 von 78

Correct Printing has decided to use an overdraft facility to purchase an additional printing machine.
How would this affect the Balance Sheet?

Wähle eine der folgenden:

Increase Owners’ Equity and decrease Cash at Bank
Increase Current Liabilities and increase Non-current Assets
Decrease Cash at Bank and increase Non-current Assets
Decrease Retained Profits and increase Non-current Assets

Erklärung

Frage 55 von 78

In 1989, an Australian company purchased a building in the USA for $US200 000 to store the products it distributes in the USA. The purchase was financed by a Federal Government export grant.
Which ratio from the 2004 financial reports is affected by the historical cost method of accounting for this purchase?

Wähle eine der folgenden:

Expense
Working capital
Return on owners’ equity
Accounts receivable turnover

Erklärung

Frage 56 von 78

Which of the following would best describe the role of a merchant bank?

Wähle eine der folgenden:

To monitor the activities of publicly-listed companies
To act as banker and financial agent to the federal government
To provide borrowing and lending services, primarily to the business sector
To provide loans to the corporate sector through receipts of insurance premiums

Erklärung

Frage 57 von 78

Which of the following statements describes the performance of Acrid Waste Services?

Wähle eine der folgenden:

Debt to Equity Ratio is below the industry average
Debt to Equity Ratio exceeds the industry average
Working Capital Ratio exceeds the industry average
Working Capital Ratio is equal to the industry average

Erklärung

Frage 58 von 78

Which statement best describes the situation represented in the graph?

Wähle eine der folgenden:

Year 1 was a period of decreasing expenses and Year 2 was a period of increasing expenses
Year 1 was a period of increasing expenses and Year 2 was a period of decreasing expenses
Year 1 was a period of improved sales performance and Year 2 was a period of increasing expenses.
Year 1 was a period of improved sales performance and Year 2 was a period of decreasing expenses.

Erklärung

Frage 59 von 78

A cash-flow statement for a retail business would include which of the following?

Wähle eine der folgenden:

Cash sales
Credit purchases
Credit sales
Receivables

Erklärung

Frage 60 von 78

The General Manager of Yeo Enterprises meets with directors once a month to compare actual and planned financial performance.
Which of the following best describes this management process?

Wähle eine der folgenden:

Controlling
Organising
Planning
Staffing

Erklärung

Frage 61 von 78

Staple Stationery Supplies decides to use factoring to improve cash flow.
This strategy would involve which of the following?

Wähle eine der folgenden:

Selling accounts receivable to a collection agency
Selling goods on credit but with a specified date for payment
Selling the factors of production for cost, plus a small mark-up
Selling unused factory equipment to make up for the short-fall in cash flow

Erklärung

Frage 62 von 78

A balance sheet includes which of the following?

Wähle eine der folgenden:

Expenses
Intangibles
Return on owners’ equity
Sales

Erklärung

Frage 63 von 78

How would the Australian tourism industry be affected by a fall in the value of the Australian dollar compared to other currencies?

Wähle eine der folgenden:

Increased numbers of Australians travelling overseas and decreased numbers of overseas visitors to Australia
Increased numbers of Australians travelling overseas and increased numbers of overseas visitors to Australia
Decreased numbers of Australians travelling overseas and increased numbers of overseas visitors to Australia
Decreased numbers of Australians travelling overseas and decreased numbers of overseas visitors to Australia

Erklärung

Frage 64 von 78

What is the function of management that involves comparing sales figures for a financial period to the forecast of sales for the same period?

Wähle eine der folgenden:

Collecting market research data
Comparing cash and credit sales
Implementing financial plans
Monitoring the achievement of marketing plans

Erklärung

Frage 65 von 78

What is the variable cost of producing 3000 units?

Wähle eine der folgenden:

$0
$500
$1000
$3000

Erklärung

Frage 66 von 78

What is the net profit from selling 6000 units?

Wähle eine der folgenden:

$500
$1000
$1500
$2000

Erklärung

Frage 67 von 78

Which of the following statements about the efficiency of Abix International Ltd is correct?

Wähle eine der folgenden:

The expense ratio has improved while the accounts receivable turnover ratio has deteriorated.
The expense ratio has improved and the accounts receivable turnover ratio has also improved
The expense ratio has deteriorated while the accounts receivable turnover ratio has improved.
The expense ratio has deteriorated and the accounts receivable turnover ratio has also deteriorated.

Erklärung

Frage 68 von 78

What is the value of the Cost of Goods Sold for Jack’s Computer Services Pty Ltd?

Wähle eine der folgenden:

$250
$500
$2500
$3000

Erklärung

Frage 69 von 78

The Gross Profit Ratio has increased from 40% in 2001 to 60% in 2002, while revenue and expenses remained the same. What was the net profit or loss in 2001?

Wähle eine der folgenden:

$750 net loss
$500 net loss
$750 net profit
$2000 net profit

Erklärung

Frage 70 von 78

Which of the following is an example of long-term borrowing?

Wähle eine der folgenden:

Bank bills
Grants
Mortgage
Overdraft

Erklärung

Frage 71 von 78

Which of the following best indicates the solvency of a business?

Wähle eine der folgenden:

Current ratio
Expense ratio
Net profit ratio
Debt to equity ratio

Erklärung

Frage 72 von 78

Which strategy could a business use to effectively manage receivables?

Wähle eine der folgenden:

Offering discounts for early payment
Increasing the price of the product
Taking out a short-term loan
Increasing its overdraft

Erklärung

Frage 73 von 78

Which of the following best describes hedging?

Wähle eine der folgenden:

Using transfer pricing between subsidiaries
Minimising the effects of the global business cycle
Protecting against fluctuating exchange rates
Reducing credit risks on international transactions

Erklärung

Frage 74 von 78

Which of the following would be an effective management strategy to improve the long-term profitability of a business?

Wähle eine der folgenden:

Altering the credit terms to ensure early payment of receivables
Improving the efficiency of cost centres
Selling of non-productive assets
Factoring of accounts receivable

Erklärung

Frage 75 von 78

Which of the following methods of payment represents the least level of risk for exporters?

Wähle eine der folgenden:

Bill of exchange
Letter of credit
Open account
Pre-payment

Erklärung

Frage 76 von 78

Which of the following has been a consequence of deregulation of financial markets?

Wähle eine der folgenden:

An increase in the use of fixed exchange rates
An increase in foreign direct investment
Greater influence of trading blocs
Increased mobility within international labour markets

Erklärung

Frage 77 von 78

Which of the following is a good measure of return on owners’ equity?

Wähle eine der folgenden:

Gearing
Liquidity
Profitability
Solvency

Erklärung

Frage 78 von 78

Which of the following would describe the financial position of this business in 2001 compared with 2000?

Wähle eine der folgenden:

Increased liquidity and increased solvency
Increased liquidity and reduced solvency
Reduced liquidity and increased solvency
Reduced liquidity and reduced solvency

Erklärung

["https://cdn.goconqr.com/uploads/multiple_choice_question/image/3023779/desktop_fbe9d39e-923c-4f2f-bce2-db0ab20ef3ab.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3031234/desktop_75812997-7d1f-41a4-9199-c374547e3ffc.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3031277/desktop_14dbf189-ee13-438d-a1db-69a21c5af2f4.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3031282/desktop_d9d3da36-4a55-47d7-a7fe-2cefcca02c04.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3031518/desktop_1dd246a7-1edb-4163-9bfc-11809c28ae7d.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058143/desktop_ec0f54f1-bd70-4935-82da-cb5a4c781604.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058148/desktop_baba76f2-44fd-4e01-88fa-7d892621f6ad.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058155/desktop_03a673e3-2b99-45e4-a242-740e92b29562.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058239/desktop_96ae485a-a027-4767-a5cc-780e9f9547d4.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058243/desktop_063c9d2c-0e65-4863-b93e-8e7a60de1e42.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058263/desktop_ea28add0-c780-44b0-b4bb-decc782691e0.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058281/desktop_cc8021fe-45c4-4268-b740-8a8e9d9985a1.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058299/desktop_b8eb7599-96a0-43b1-80d9-54141dca3093.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058303/desktop_1faf80de-d6a2-4a23-aa27-967100616d04.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058304/desktop_48675a31-b79f-4ddc-a1db-80638b8f0968.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058307/desktop_57192560-1777-45ed-b058-2501328d9250.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058318/desktop_eb3342d2-09a5-4fbe-af2a-f8043ea20484.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058322/desktop_2280feac-a7b2-4cfe-9ec7-2ca911dff7d8.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058335/desktop_8b15c77e-3099-4a8a-aa5f-c058ef269e72.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058338/desktop_6e92f376-ec36-4e1a-b03c-0334da2a938e.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058402/desktop_a73ede2c-619a-4698-9079-b2d9fd40b746.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058405/desktop_bfd652e6-a468-47c6-919f-66b27e231134.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058422/desktop_38ba5329-52ee-4bd8-a09d-7edc3a0e1f2a.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058424/desktop_1713cda8-b611-44b2-b360-b2b969b37fc9.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058442/desktop_bb698745-936a-4b40-aa05-6474a2152f1a.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058447/desktop_45b91285-6591-4ec6-b623-c8d13911a855.png","https://cdn.goconqr.com/uploads/multiple_choice_question/image/3058485/desktop_11d8cbf6-04ff-49d5-9c59-522365631e2a.png"]

	Erstellt von Daniel Miller vor etwa 8 Jahre

Quiz am HSC Business Studies 2000-2015 - Finance Questions , erstellt von Daniel Miller am 17/05/2016.

HSC Business Studies 2000-2015 - Finance Questions

Frage 1 von 78

What is a source of new capital for a public company?

Wähle eine der folgenden:

Erklärung

Frage 2 von 78

What is a characteristic of external equity finance?

Wähle eine der folgenden:

Erklärung

Frage 3 von 78

What is the net profit ratio (net profit ÷ sales) for 2014?

Wähle eine der folgenden:

Erklärung

Frage 4 von 78

Which of the following describes the change in gross profit ratio and expense ratio from 2014 to 2015?

Wähle eine der folgenden:

Erklärung

Frage 5 von 78

A business is planning to increase its market share by merging with a competitor. What financial objective does this best illustrate?

Wähle eine der folgenden:

Erklärung

Frage 6 von 78

Which of the following would be found on an income statement?

Wähle eine der folgenden:

Erklärung

Frage 7 von 78

Why would a business choose debentures as a source of funding?

Wähle eine der folgenden:

Erklärung

Frage 8 von 78

Which of the following statements is true about liquidity for Kerry's Warehouse in 2014?

Wähle eine der folgenden:

Erklärung

Frage 9 von 78

Which of the following statements is true about gearing for Kerry's Warehouse in 2014?

Wähle eine der folgenden:

Erklärung

Frage 10 von 78

What does the expense ratio measure?

Wähle eine der folgenden:

Erklärung

Frage 11 von 78

Which of the following would immediately improve the working capital of a business?

Wähle eine der folgenden:

Erklärung

Frage 12 von 78

Which of the following would improve the financial position of a business?

Wähle eine der folgenden:

Erklärung

Frage 13 von 78

Auditors have discovered that the value of legal fees paid has been included in the asset value of a new warehouse purchased by a business. What limitation of financial reports does this show?

Wähle eine der folgenden:

Erklärung

Frage 14 von 78

What would be the best strategy for a business to increase its gross profit?

Wähle eine der folgenden:

Erklärung

Frage 15 von 78

Which of the following groups would suffer the worst financial impact as a result of an increase in the value of the Australian dollar?

Wähle eine der folgenden:

Erklärung

Frage 16 von 78

Compared to the industry averages, this business has

Wähle eine der folgenden:

Erklärung

Frage 17 von 78

How is the role of the Reserve Bank of Australia best described?

Wähle eine der folgenden:

Erklärung

Frage 18 von 78

What does a cash flow statement show?

Wähle eine der folgenden:

Erklärung

Frage 19 von 78

What is a derivative?

Wähle eine der folgenden:

Erklärung

Frage 20 von 78

In 2010 an Australian company bought products from the USA. If the Australian dollar rises in value against the US dollar before the payment is made, which of the following would be true?

A business is planning to increase its market share by merging with a competitor.
What financial objective does this best illustrate?

Auditors have discovered that the value of legal fees paid has been included in the asset value of a new warehouse purchased by a business.
What limitation of financial reports does this show?

In 2010 an Australian company bought products from the USA.
If the Australian dollar rises in value against the US dollar before the payment is made, which of the following would be true?

What might happen as a result of a company having highly undervalued plant and
equipment on its balance sheet?

A business uses factoring to pay creditors.
Which financial objective is the business trying to achieve?

A business sells its accounts receivable to improve cash flow.
Which of the following best describes this strategy?