UOP STR 581 Capstone Final Examination Part Two

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STR 581 Capstone Final Examination, Part Two

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1. Internal reports that review the actual impact
of decisions are prepared by           the
controller  department heads     factory
workers          management accountants Find the
final exam answers here STR 581 Capstone Final
Examination, Part Two   2. Horizontal analysis is
also known as         trend analysis vertical
analysis         linear analysis            common
size analysis 3. Which of the following is an
advantage of corporations relative to
partnerships and sole proprietorships?    most
common form of organization reduced legal
liability for investors  lower taxes     harder
to transfer ownership
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4. Serox stock was selling for 20 two years ago.
The stock sold for 25 one year ago, and it is
currently selling for 28.  Serox pays a 1.10
dividend per year.  What was the rate of return
for owning Serox in the most recent year? (Round
to the nearest percent.)        
  32    16    12    40 Complete Answers here
STR 581 Week 1 Knowledge Check (Latest)   5.
External financing needed Jockey Company has
total assets worth 4,417,665. At year-end it
will have net income of 2,771,342 and pay out 60
percent as dividends. If the firm wants no
external financing, what is the growth rate it
can support?           30.3 27.3 32.9 25.1 6.
An unrealistic budget is more likely to result
when it     has been developed by all levels of
management.           has been developed in a top
down fashion.          has been developed in a
bottom up fashion. is developed with performance
appraisal usages in mind. Download now STR 581
Week 1 Complete
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7. Which of the following financial statements is
concerned with the company at a point in time?  
         balance sheet            retained
earnings statement            statement of cash
flows income statement 8. Next year Jenkins
Traders will pay a dividend of 3.00.  It expects
to increase its dividend by 0.25 in each of the
following three years.  If their required rate of
return if 14 percent, what is the present value
of their dividends over the next four years?  
  12.50            11.63            9.72  13.5
0 9. An activity that has a direct cause-effect
relationship with the resources consumed is a(n)
           product activity          cost
driver      cost pool        overhead
rate Complete paper here STR 581 Week 2 Knowledge
Check (Latest)
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10. The major element in budgetary control is  
      the approval of the budget by the
stockholders     the valuation of
inventories   the preparation of long-term
plans  the comparison of actual results with
planned objectives. 11. Tule Time Comics is
considering a new show that will generate annual
cash flows of 100,000 into the infinite future.
If the initial outlay for such a production is
1,500,000 and the appropriate discount rate is 6
percent for the cash flows, then what is the
profitability index for the project? 0.11    1.11 
   0.90    1.90 12. How firms estimate their
cost of capital The WACC for a firm is 13.00
percent. You know that the firms cost of debt
capital is 10 percent and the cost of equity
capital is 20 What proportion of the firm is
financed with debt? 70    50    33    30 Want
more details? Download now STR 581 Week 2 Complete
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13. The most important information needed to
determine if companies can pay their current
obligations is the  relationship between current
assets and current liabilities           relations
hip between short-term and long-term
liabilities projected net income for next
year  net income for this year 14. Process
costing is used when       dissimilar products
are involved      production is aimed at
fulfilling a specific customer order.          the
production process is continuous.        costs
are to be assigned to specific jobs. 15. A cost
which remains constant per unit at various levels
of activity is a    fixed cost        mixed
cost     manufacturing cost    variable
cost   Find the final exam answers here STR 581
Capstone Final Examination
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16.The group of users of accounting information
charged with achieving the goals of the business
is its       investors         auditors         
creditors         managers 17. Teakap, Inc. has
current assets of 1,456,312 and total assets of
4,812,369 for the year ending September 30,
2006.  It also has current liabilities of
1,041,012, common equity of 1,500,000 and
retained earnings of 1,468,347. How much
long-term debt does the firm have?        
   803,010       2,303,010    1,844,022    2,1
23,612 18. The cash conversion cycle?        
   begins when the firm invests cash to purchase
the raw materials that would be used to produce
the goods that the firm manufactures.         esti
mates how long it takes on average for the firm
to collect its outstanding accounts receivables
balance.         begins when the firm uses its
cash to purchase raw materials and ends when the
firm collects cash payments on its credit
sales.  shows how long the firm keeps its
inventory before selling it. Find the quiz
answers here STR 581 Week 3 Knowledge Check
(Latest)
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19. Ajax Corp. is expecting the following cash
flows - 79,000, 112,000, 164,000, 84,000, and
242,000 over the next five years.  If the
companys opportunity cost is 15 percent, what is
the present value of these cash flows? (Round to
the nearest dollar.)   480,906       429,560    
   414,322       477,235 20. Jack Robbins is
saving for a new car. He needs to have 21,000
for the car in three years. How much will he have
to invest today in an account paying 8 percent
annually to achieve his target? (Round to nearest
dollar)          26,454          19,444         
22,680          16,670 21. Which of the
following presents a summary of changes in a
firms balance sheet from the beginning of an
accounting period to the end of that accounting
period?       the statement of net worth    the
statement of cash flows  the statement of working
capital      the statement of retained
earnings Download for answers STR 581 Week 3
Complete
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22. MM Proposition 1 Dynamo Corp. produces
annual cash flows of 150 and is expected to
exist forever. The company is currently financed
with 75 percent equity and 25 percent debt. Your
analysis tells you that the appropriate discount
rates are 10 percent for the cash flows, and 7
percent for the debt. You currently own 10
percent of the stock. If Dynamo wishes to change
its capital structure from 75 percent equity to
60 percent equity and use the debt proceeds to
pay a special dividend to shareholders, how much
debt should they use?     225   600   375   32
1 23. Horizontal analysis is a technique for
evaluating a series of financial statement data
over a period of time         that has been
arranged from the highest number to the lowest
number.            to determine the amount and/or
percentage increase or decrease that has taken
place.       to determine which items are in
error.        that has been arranged from the
lowest number to the highest number. Click here
and download STR 581 Week 4 Knowledge Check
(Latest)   24. Jayadev Athreya has started his
first job. He will invest 5,000 at the end of
each year for the next 45 years in a fund that
will earn a return of 10 percent.  How much will
Jayadev have at the end of 45 years?  
  2,667,904    5,233,442    1,745,600    3,594
,524
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25. Turnbull Corp. had an EBIT of 247 million in
the last fiscal year.  Its depreciation and
amortization expenses amounted to 84 million. 
The firm has 135 million shares outstanding and a
share price of 12.80. A competing firm that is
very similar to Turnbull has an enterprise
value/EBITDA multiple of 5.40. What is the
enterprise value of Turnbull Corp.? Round to the
nearest million dollars.          1,344
million            453.6 million            1,31
5 million 1,787 million Want help? Click to
download STR 581 Week 4 Complete   26. Firms that
achieve higher growth rates without seeking
external financing         Have a low plowback
ratio   are highly leveraged have less equity
and/or are able to generate high net income
leading to a high ROE. None of these 27. In a
process cost system, product costs are
summarized     on job cost sheets.    when the
products are sold. after each unit is
produced. on production cost reports.
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28. The convention of consistency refers to
consistent use of accounting principles      
  within industries         among accounting
periods  throughout the accounting
period    among firms Complete Answers just a
click away STR 581 Week 5 Complete   29. If a
companys weighted average cost of capital is
less than  the required return on equity, then
the firm           is financed with more than
50 debt          is perceived to be
safe         partnership     has debt in its
capital structure 30. Your firm has an equity
multiplier of 2.47.  What is the debt-to-equity
ratio?          0          1.74    0.60    1.47
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31. The accumulation of accounting data on the
basis of the individual manager who has the
authority to make day-to-day decisions about
activities in an area is called   master
budgeting      static reporting          responsib
ility accounting flexible accounting 32.
Regatta, Inc., has six-year bonds outstanding
that pay a 8.25 percent coupon rate. Investors
buying the bond today can expect to earn a yield
to maturity of 6.875 percent. What should the
companys bonds be priced at today? Assume annual
coupon payments. (Round to the nearest dollar.)  
     1014 972   923   1,066 33. Variance
reports are  internal reports for
management     SEC financial reports           ext
ernal financial reports all of these
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34. The break-even point is where    
  contribution margin equals total fixed
costs.          total sales equal total variable
costs.          total sales equal total fixed
costs. total variable costs equal total fixed
costs. Want help? Click to download STR 581 Week
4 Complete   35. When a company assigns the costs
of direct materials, direct labor, and both
variable and fixed manufacturing overhead to
products, that company is using       operations
costing    product costing          absorption
costing    variable costing 36. Which of the
following is considered a hybrid organizational
form?            sole proprietorship    partnershi
p     limited liability partnership   corporation
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37. Gateway, Corp.  has an inventory turnover of
5.6.  What is the firms dayss sales in
inventory?    57.9    61.7    65.2    64.3 38.
The process of evaluating financial data that
change under alternative courses of action is
called           incremental analysis contributio
n margin analysis            cost-benefit
analysis double entry analysis 39. What decision
criteria should managers use in selecting
projects when there is not enough capital to
invest in all available positive NPV projects?  
   the modified internal rate of return  the
profitability index the discounted
payback       the internal rate of return  
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About Author   This article covers the topic for
the University Of Phoenix STR 581 Final
Examination, Part Two . The author is working in
the field of education from last 5 years. This
article covers the basic of STR 581 Final Exam
Assignment from UOP. Other topics in the class
are as follows STR 581 Week 1 Ethics Reflection
Paper STR 581 Week 1 Knowledge Check (Latest) STR
581 Week 1 Complete STR 581 Week 2 Research
Proposal STR 581 Week 2 Learning Team
Activity STR 581 Week 2 Knowledge Check
(Latest) STR 581 Week 3 External and Internal
Environmental Analysis STR 581 Week 3 Learning
Team Peer Evaluation STR 581 Week 3 Knowledge
Check (Latest) STR 581 Week 3 Complete STR 581
Week 2 Complete STR 581 Week 4 Strategic Choice
and Evaluation STR 581 Week 4 Learning Team Peer
Evaluation STR 581 Week 4 Knowledge Check
(Latest) STR 581 Week 4 Complete STR 581 Week 5
Implementation Strategic Controls and Contingency
Plans STR 581 Week 5 Learning Team Peer
Evaluation
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STR 581 Week 5 Knowledge Check (Latest) STR 581
Week 5 Complete STR 581 Week 6 Strategic Plan and
Presentation STR 581 Week 6 Complete STR 581 Week
2 Capstone Final Examination, Part One STR 581
Week 6 Capstone Final Examination, Part
Three     Want to check other classes..?? Visit
www.transwebetutors.com  
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