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Finance 534 Week 8 Quiz 7

A quiz testing advanced financial decision-making.

Leo Bailey
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Finance 534 week 8 quiz 7This quiz consist of 30 multiple choice questions. The first 15 questionscover the materialinChapter 12. The second 15 questions cover the material in Chapter 13. Be sure you are in thecorrect Chapterwhen you take the quiz.Question 1Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets thatwere being operated at 80% of capacity.In millions, how large could sales have been if thecompany had operated at full capacity?Correct Answer:$312.5Question 2Which of the following is NOT a key element in strategic planning as it is described in the text?Correct Answer:The statement of cash flows.Question 3Spontaneous funds are generally defined as follows:CorrectAnswer:Funds that arise out of normal business operations from its suppliers,employees, and the government, and they include immediate increases inaccounts payable, accrued wages, and accrued taxes.Question 4Which of the following statements is CORRECT?CorrectAnswer:The first, and perhaps the most critical, step in forecasting financialrequirements is to forecast future sales.Question 5

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Document Details

University
Strayer University
Course
FIN 534
Subject
Finance

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