I have some of them answered and I am curious to know what the rest are.. Thanks!

1. (TCO 1) Which of the following statements is not true regarding the goal of financial management? (Points : 3) The goal of maximizing the value per share of existing stock is relevant to all organizations. A way of aligning management goals to shareholder%u2019s interest is to tie managerial compensation to the market value of the firm%u2019s stock. For a company considering international operations, the goal will be the same but the company will have to consider the local social, economical and political environment in the decision-making process. All of the above are true.

2. (TCO 1) Book values are different to market values because: (Points : 3)

Book values reflect the value of the asset based on generally-accepted accounting principles. Book values are used in the company's balance sheet. Book values do not reflect the amount someone is willing to pay today for an asset. All of the above

3. For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a corporation that manufacturers and sells baseballs across several states in the Southeast. It had sales of $2.7 million during the last year. Expenses were as follows: Cost of goods sold............................... $1.2 million Administrative expenses........................ $250,000 Marketing and selling expenses............... $175,000 Depreciation........................................ $500,000 Interest expense.................................. $200,000 Dividends paid..................................... $150,000

(TCO 1) Suppose that Sports Baseball has 20,000 shares of stock. What is the dividends per share figure?

(Points : 3)

5.0 8.75 7.50 5.50

4. For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a corporation that manufacturers and sells baseballs across several states in the Southeast. It had sales of $2.7 million during the last year. Expenses were as follows: Cost of goods sold............................... $1.2 million Administrative expenses........................ $250,000 Marketing and selling expenses............... $175,000 Depreciation........................................ $500,000 Interest expense.................................. $200,000 Dividends paid..................................... $150,000

(TCO 1) Assuming a tax rate of 30%, the percentage of dividends per net income is approximately ______ and operating cash flow is _________ than net income. Hint: You need to calculate the net income and divide dividends by the net income.

(Points : 3)

30% and lower 60% and lower 30% and higher 60% and higher

5. For this question, use the information for Sports Baseballs, Inc. Sports Baseballs, Inc. is a corporation that manufacturers and sells baseballs across several states in the Southeast. It had sales of $2.7 million during the last year. Expenses were as follows: Cost of goods sold............................... $1.2 million Administrative expenses........................ $250,000 Marketing and selling expenses............... $175,000 Depreciation........................................ $500,000 Interest expense.................................. $200,000 Dividends paid..................................... $150,000

(TCO 1) Select all items that will be included in Sports Baseballs, Inc. Balance Sheet. For this exercise you will be choosing more than one option for your answer:

(Points : 3)

Cash on hand Fixed assets Net sales Administrative expenses Taxes Long-term debt Dividends paid Marketing expenses Consulting revenues

6. (TCO 1) Which one of the following activities best exemplify capital structure decisions. For this exercise you will be choosing more than one option for your answer: (Points : 6)

Determine the most adequate mixture of debt and equity to be maintained. Obtain a short-term loan to purchase materials. Identify two capital investment projects. Determine the cost of each source of capital. Determine the return of a potential project. Calculate the cash flows for a project. Assess the terms of loans and evaluate potential long-term financing options.

7. (TCO 1) Match the following terms with the examples as appropriate: (Points : 4)

Potential Matches:

1 : McDonald's work to redesign packaging items with recyclable materials.

2 : Protection against financial malpractices and accounting fraud.

3 : incentive to encourage managers to increase share value.

4 : the decision of a manager to forgo a risky investment because it may pose a risk to his/her job.

5 : Steward's sale of ImClone stock as result of information provided by the company's CEO before an announcement was made public that significantly decrease ImClone's stock price.

Answer

: Managerial compensation

: Social responsibility

: Sarbanes-Oxley Act

: Agency cost

: Insider trading

8. (TCO 1) Which incentives do managers have to act in the stockholder's interest? Name two and explain each in one or two sentences. (Points : 5)