Lesson 6 & 7 Exam HE420

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Ashworth College *

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HE420

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Finance

Date

Apr 3, 2024

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docx

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14

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Lesson 6 & 7 Exam HE420 Mar 27, 2024 80 / 100 - 80 % 80 / 100 - 80 % 2.5 / 2.5 points Stock exchanges exist to trade the stock of: Question options: publicly held companies. both privately and publicly held companies. privately held companies. closely held stock. Question 2 2.5 / 2.5 points Benchmarks are typically used to measure: Question options: performance gaps. salary adjustments. capital improvements. employee satisfaction. Question 3 2.5 / 2.5 points Alpine County is planning to issue thirty-year bonds for a new capital project. The bonds will be backed by the full taxing authority of the county, and by its "full faith and credit." These bonds are therefore: Question options: general obligation bonds. revenue bonds. mortgage bonds. debentures.
Question 4 2.5 / 2.5 points __________ cost is determined by dividing the cost of goods available for sale by the number of units available. Question options: Estimated Start-up Indirect Weighted average Question 5 2.5 / 2.5 points The type of benchmarking analysis where the characteristics or attributes of similar services are examined is known as ________ analysis. Question options: parametric variance sensitivity trend Question 6 2.5 / 2.5 points Debentures are bonds that are: Question options: backed by real property (real estate). backed by cash equivalents. backed by revenues earned by the issuing company. secured
Question 7 0 / 2.5 points An individual or organization that buys bonds issued by a company typically becomes the company's: Question options: creditor. investor. bondholder. stockholder. Question 8 0 / 2.5 points An individual or organization that buys stock in a company becomes the company's: Question options: creditor. investor. bondholder. stockholder. Question 9 2.5 / 2.5 points A small company with common stock that is not traded: Question options: is known as a privately-held company. is known as a public company. may be listed on a stock exchange. is the reason stock exchanges exist.
Question 10 2.5 / 2.5 points Investments should be recorded: Question options: as current assets. on a balance sheet. as long-term assets. all of the above. Question 11 2.5 / 2.5 points Bonds: Question options: are assets to the issuing company. are liabilities to the issuing company. will accrue interest for the benefit of the issuing company. are short-term contracts. Question 12 2.5 / 2.5 points The Brown and Bishop physician group, a limited liability corporation (LLC), owes $800,000 in debt and has $200,000 in partner's equity. The LLC's capital structure, or debt-equity relationship, is therefore: Question options: 8-to-2. 2-to-8. 80-20. 20-80. Question 13 0 / 2.5 points Which of the following is NOT one of the four common uses of estimates?
Question options: Excess data Timeless considerations Cost/Benefit considerations Internal monthly statements Question 14 2.5 / 2.5 points "Capital" represents the financial structure of the organization. It is generally considered to be: Question options: debt. a combination of debt and equity. a combination of equity and assets. equity. Question 15 2.5 / 2.5 points __________ is a type of stock that can be exchanged for common shares. Question options: Convertible preferred Common Preferred Closely-held 2.5 / 2.5 points
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