Reinvested funds from retained earnings theoretically belong to

Managerial Finance

What is the primary goal of financial management?

Increased earnings

Maximizing cash flow

Maximizing shareholder wealth

Minimizing risk of the firm

Reinvested funds from retained earnings theoretically belong to:

bond holders.

common stockholders.

employees.

All of the above

Industries most sensitive to inflation-induced profits are those with:

seasonal products.

cyclical products.

consumer products.

high-profit products.

The key initial element in developing pro forma statements is:

a cash budget.

an income statement.

a sales forecast.

a collections schedule.

At the break-even point, a firm's profits are:

greater than zero.

less than zero.

equal to zero.

Not enough information to tell

Under what conditions must a distinction be made between money to be received today and money to be received in the future?

A period of recession.

When idle money can earn a positive return.

When there is no risk of nonpayment in the future.

If in determining the yield to maturity on a bond at a given interest rate, you get a value below the current market price, in the next calculation you should use:

a higher interest rate.

a lower interest rate.

a longer maturity.

a higher coupon payment.

The after-tax cost of preferred stock to the issuing corporation:

is the same as the before-tax cost.

is usually lower than the cost of debt.

is dependent on the firm's tax bracket.

None of the above

Cash flow can be said to equal:

income before depreciation and taxes minus taxes.

income before depreciation and taxes plus taxes.

income before depreciation and taxes plus depreciation.

income after taxes minus depreciation.

If three investment alternatives all have some degree of risk and different expected returns, which of the following measures could best be used to rank the risk levels of the projects?

Coefficient of correlation

Coefficient of variation

Standard deviation of returns

Net present value

Organizational Behavior

ABC Company hangs signs on its walls saying, "Trust is one of our guiding principles." This is an example of a(n):

exposed-value.

enacted value.

cultural norm.

observable artifact.

Societal culture is shaped by all of these environmental factors except:

ethnic background.

religion.

assumptions and expectations.

political; legal setting.

According to a survey of students from 31 countries worldwide, a __________ correlation was found between self-esteem and self-satisfaction.

moderate positive

strong positive

low negative

moderate negative

Marjorie has no tolerance for negative inequity. She can be described as a(n):

benevolent.

a comparison other.

sensitive.

entitled.

Graduating from high school, Susan needs to apply for college admission. To determine which colleges to apply to, Susan requested information from 64 universities, compared them on six criteria important to her, and chose to apply to seven universities. This process can be described as a:

decision making process.

brainstorming process.

Delphi technique process.

representative heuristics.

Which of the following believed that all conflict ultimately threatens management's authority and thus had to be avoided or quickly resolved?

OB specialists

Human relationists

Scientific Management experts

TQM advocates

Alex is to inform her subordinates that the expense reimbursement policy for travel has been significantly modified. Alex would be considered which of these?

Decoder

Medium

Sender

Noise

Which of these influence tactics is the LEAST used in the workplace?

Inspirational appeal

Ingratiation

Pressure

Consultation

Which of these is NOT a common denominator of all organizations?

Division of labor

Centralized decision making

A common goal

A hierarchy of authority

ABC Trucking, conducted an analysis of employee job satisfaction and turnover, and concluded that its turnover rate was 48%. This was primarily attributed to job dissatisfaction by employees. This represents a(n) __________ for ABC.

external force for change

social and political pressure

technological advancements

internal force for change