Class 4 Videos Quiz: UGBA 135-LEC-1 - Personal Financial Management (Fall 2022)
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Class 4 Videos Quiz: UGBA 135-LEC-1 - Personal Financial Management (Fall 2022)
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https://bcourses.berkeley.edu/courses/1515822/quizzes/2409319
Class 4 Videos Quiz Due
Sep 26, 2022 at 12pm
Points
1.35
Questions
9
Available
Aug 28, 2022 at 12am - Dec 9, 2022 at 11:59pm
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This quiz was locked Dec 9, 2022 at 11:59pm.
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Submitted Sep 26, 2022 at 2:13am
This attempt took 3 minutes.
0.15 / 0.15 pts
Question 1
If you buy a company's stock,
the company will return your original investment to you with interest. You are liable for the company's debts. you have lent money to the company. you own a part of the company.
10/02/23, 12
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Class 4 Videos Quiz: UGBA 135-LEC-1 - Personal Financial Management (Fall 2022)
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https://bcourses.berkeley.edu/courses/1515822/quizzes/2409319
0.15 / 0.15 pts
Question 2
If you buy a company's bond,
you have lent money to the company. you own a part of the company. you are liable for the company's debts. 0.15 / 0.15 pts
Question 3
If a company files for bankruptcy, which of the following securities is
most at risk of becoming virtually worthless?
The company's stock. The company's bonds. 0 / 0.15 pts
Question 4
Incorrect
Incorrect
Holding a diversified portfolio of stocks rather than an undiversified
portfolio
increases the expected (average) return of the portfolio. increases the variance (variation in outcomes) of the portfolio.
10/02/23, 12
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Class 4 Videos Quiz: UGBA 135-LEC-1 - Personal Financial Management (Fall 2022)
Page 3 of 5
https://bcourses.berkeley.edu/courses/1515822/quizzes/2409319
protects you from broad economy-wide risk. increases the likelihood that you will own at least one stock that
performs poorly.
increases the likelihood that you will someday be as rich as Bill Gates
is today.
0.15 / 0.15 pts
Question 5
Svi Bodie invests in
inflation protected US bonds. futures. international common stock index funds. gold. 0.15 / 0.15 pts
Question 6
Asset allocation refers to deciding which individual stocks to buy.
True
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Oriole Supply Co. has the following transactions related to notes receivable during the last 2 months of 2020. The company does not make entries to accrue interest except at
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Loaned $23,50Chcash to Manny Lopez on a 12-month, 12% note.
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Sold goods to Ralph Kremer, Inc., receiving a $61,200, 90-day, 10% note.
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Received a $97,200, 180 day, 8% note in exchange for Joe Fernetti's outstanding accounts receivable.
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Accrued interest revenue on all notes receivable.
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Wharton, Inc., pays income taxes on capital gains (including gains on marketable securities) at a rate of 30 percent. At December
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2$
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Factory utility expenses paid on account
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34
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QUESTION 6 OF 8
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Match the option with the lowest monthly payment to highest monthly payment.
$12,000 loan with 1% simple
1.
lowest payment
interest over 7 years
$7,500 loan with 4% simple interest
2. second highest payment
over 5 years
$8,500 loan with 2% simple
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24,000
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$136,400
$138,000
11,660
12,720
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5,230
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99,000
95,000
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770
450
Gain on Sale of land
1. What is the operating profit margin for the company over the years 2020 and
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Your grandfather has agreed to deposit a certain amount of money each year into an account paying 7.90 percent annually to help you
go to graduate school. Starting next year, and for the following four years, he plans to deposit $2,350, $8,600, $7,200, $6,600, and
$12,150 into the account. How much will you have at the end of the five years? (Round answer to 2 decimal places, e.g. 15.25.)
Future value at end of five years
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Sheet1
FINA310 IP TEMPLATE FOR STUDENTS
Student name:
Date:
ACTUAL
FORECAST
Current Year
Next Year
Total Revenue
71,879
Cost of Revenue
(51,125)
Gross Profit
20,754
Operating Expenses:
Selling, General, and Administrative
(14,248)
Research and Development
Special Income/Other Charges
S
(2,194)
Total Operating Expenses
(16,442)
Operating Income
S
4,312
Net Interest Income
(666)
edite
Pre-Tax Income
3,646
Provision for Income Tax (19.5%)
(711)
Net Income
2,935
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Suppose you are paid $3,000 per month and your employer's 401(k) matches your contributions by 10% up to a
maximum of 15% of your pay. Assuming you max-out your retirement savings and you work for 25 years, how
much will the 401(k) be worth when you retire (if you can get an APR of 8% during your work years)? If you are
taxed at a rate of 27%, then how much will you have when you retire?
Round all answers to 2 decimal places.
Before taxes retirement amount $
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After taxes retirement amount $
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