| Uptown Markets is financed with 45 percent debt and 55 percent equity. This mixture of debt and equity is referred to as one of the firm’s:a) capital structureb) capital budgetc) asset allocationd) working capitale) risk structure | Capital structure |
| Margie opened a used bookstore and is both the 100 percent owner and the store’s manager. Which type of business entity does Margie own if she is personally liable for all the store’s debts?a) general partnershipb) limited partnershipc) corporationd) sole proprietorship | Sole proprietorship |
| Jamie is employed as a currency trader in the Japanese yen market. Her job falls into which once of the following areas of finance?a) capital managementb) corporate financec) international financed) financial institutionse) personal finance | international finance |
| Capital budgeting includes the evaluation of which of the following?a) risk and size of future cash flows onlyb) size, timing, and risk of future cash flowsc) size and timing of future cash flows onlyd) size of future cash flows only | size, timing, and risk of future cash flows |
| The goal of financial management is to increase the:a) number of shares outstandingb) current market value per sharec) dividends paid per shared) book value of equity | current market value per share |
| The Serbanes-Oxley Act in 2002 was primarily prompted by which one of the following from the 1990s?a) increased use of tax loopholesb) increased foreign investment in US stock marketsc) corporate accounting and financial fraud d) increased stock market volatility | corporate accounting and financial fraud |
| Which one of the following parties can sell shares of ABC stock in the primary market?a) only officers and directors of ABC companyb) ABC companyc) any corporation, other than ABC companyd) any institutional shareholder | ABC company |
