1. An aggressive strategy with current assets means that: A minimum number of them are kept. A maximum number of them are maintained Buildings and machinery are many Building and machinery are few

2. The true owners of a corporation are: who have the debts issued by the company preferred shareholders the board of directors of the company common shareholders 3 Which of the following is not true for commercial companies? They are generally taxed as a business. Two partners are enough to be a partnership. In the absence of a contract, profits and losses are divided equally between the partners. Partners can sell their stake to another partner 3. Which of the following categories is not a business owner? Limited partners in a partnership Bondholders Shareholders Individual owners 4. Income taxes are for: economic stabilization achieve desired social goals provide funds for government expenditures all of the above

5. A conservative strategy with current liabilities means that: Mortgages are abundant Mortgages are minimal A maximum number of them are maintained A minimum number of them are kept 6. Which of the following does not require a cash outlay? Taxes Interests Depreciation Dividends 7. Which of the following constitutes sources of short-term financing? Commercial papers commercial paper Bank loans bank loans Debts to pay All of the above 8. An aggressive strategy with current assets means that: A minimum number of them are kept. A maximum number of them are maintained Buildings and machinery are many Building and machinery are few 9. Is the denominator of the time interest earned ratio next? Rental costs Advertising expenses interest expense payroll expenses 10. Which of the following sentences is not correct? Both individual businesses and general partnerships have unlimited debts It is very complicated legally to make a corporation There are no legal criteria for a general partnership Partnerships are very common among professionals

11. Company X has current assets for $ 8,000 current liabilities of $ 4,200 inventories for $ 1,000 and sales for $ 12,000. What is the quick ratio? 1.9 1.67 0.67 1.4 12. If you are given the amounts of current assets and liabilities, what ratio can you quickly calculate? rotation of accounts receivable average collection period inventory turn / over inventory turnover working capital ratio Fixed assets turn / over rotation

13. Which of the following represents sources of funds? Increases in asset accounts. Issuance of shares. Decrease in debt accounts. Net loss net loss 14. The cheapest organizational form of business to structure is? Corporations Individual business Limited companies None of the above 15 Once the cash discount period has passed: Must be paid immediately There is no incentive to pay before the last day of payment Can be paid at any time Not to pay 16. Given an inventory turn / over inventory turnover of 8 times and credit sales of $ 362,000, the average number of days collected is: 90 days 45 days 75 days 60 days 17. If the collection time or period of a company is greater than that of its own policy and even that of the industry, it means that: Company credit policy is very restricted Customers are allowed too long to pay Very difficult to collect accounts receivable Industry rates are unreliable. 18. When selecting the optimal working capital strategy, you should consider: The cash you have Management objectives The character of the manager All of the above 19. Which of the following forms of organizations has income that may have been taxed twice? Corporations General companies Limited companies Individual businesses. 20. Which of the following is deductible as an expense of a corporation? Preferred dividends Common dividends Interest on loans Earnings per share 21. Which of the following constitutes poor loan collateral? Wood Vegetables Chemicals Any of the above 22. The present value of a simple future quantity: Increases, if the number of discount periods increases It is generally greater than the future amount Depends on the number of discount periods Increase as discount rate increases 23. Calculate the amount of $ 33,525 at 7% for a 10-year period, if this is calculated annually

24. Calculate the amount of $ 13,125 at 7% for a 10-year period, if this is calculated Continuously

25. Determine the amount of $ 15,375 at 4.75% for 6 years and three months calculated simple.

26. Determine the amount of $ 11,375 at 4.25% for the space of 3 years and three months. 27. If you deposited $ 3,500 every year and got an average interest rate of 4%; How much will the amount be for 30 years? 28. What is the net present value of a $ 450,000 debt that matures in 20 years if it were discounted today at 5%? 2