Money markets are markets for cash short-term debt securities. bonds Consumer automobile loans. Question 12 All of the following statements are correct EXCEPT Your uncle transferring 100 shares of Wal-Mart stock to you as a birthday gift is an example of a primary market transaction. The NYSE does have a physacal location trading floor. Both long-term debt and common stocks are examples of capital market instruments. If you sold 100 shares of Microsoft through your broker to an investor, this would be a secondary marker transaction. All of the following are capital market securities EXCEPT preferred stock bonds commercial paper common stocks Question 15 0/1 point a price of 560 per ahare. Hy how much did the firm's market value and book value dafler on a per abare basis? \$ 36.75 $37.75 $38.25 $39.50 Temple Square Inc, teported that its retained earnings for 2018 were $500,000. It its 2019 financial statements, it reported 550,000 of net income, and it ended 2019 with 5490.000 of retained camings. How much were paid as dividends to shareholders during 2019 ? $45.000 $60.000 $50,000 $40,000 Question 19 0/1 point All of the followits are cur rent a ansis except. Accounts payable Accruals Accounts receivable Both ' a ' and ' b ' All of the following are INCORRECT except The four key financial statements are the balance sheet, the income statement, the statement of cash flows, and the statement of retained earnings. The balance sheet gives us a picture of the firm's financial situation over a period of time The statement of cash flows tells us how much cash the firm has in the form of currency and demand deposits. The income statement gives us a snapshot of what is happening at a point in time. Tan Motors recently reported the following information: - Net income =$600,000 - Tax rate =25%. - Interest expense =$200,000. - Total investor-supplied operating capital employed =$7.5 million. - After-tax cost of capital (or WACC) =10%. What is the company's EVA? (Hint: Compute EBT; use that to find EBIT; use that to find NOPAT, and finally, find EVA). a. $50,000 b. $15,000 c. $0 d. $70,000 $0 $50,000 $70,000 $15,000 The balance aheet and income statement of a firm are shown below. Note that the firm bas no amoctionition charget, it does oot lease any assets, and nene of its debt mut be retured during the next 's years (aumbers are in millions). What is the firm's HPS (earmings per shate)? $2.19 $2.04 $4.28 $2.90 Question 30 Financial ratio analysis is about quantitative analysis of a firm's financial statements. Which of the following is correct about financial ratios? Having a high current ratio is always a good indication that a firm is managing its liquidity position weil. A high times-interest-earned ratio is one indication that the firm should be able to meet its debt obligations A decfine in the inventory turnover ratio suggests that the firmis liquidity position is improving. Since ROA measures the firm's effective utifization of assets (without considering how these assets are financed), two firms with the same EErT must