Which of the following is NOT one of the critical factors in finance?

Select one:

a. Risk

b. Time

c. Tax

d. Cash

Which of the following statements is false?

Select one:

a. Accounting profit is a less reliable indicator of value than cash, because it is easier to manipulate reported profit than the amount of cash received.

b. The creation of a non-cash book entry does not affect the value of a firm.

c. If a firm reports a profitable year, the shareholders must be wealthier than they were at the start of that year.

d. None of the above.

How many stocks are there in the Dow Jones Industrial Average Share Price Index?

Select one:

a. 500

b. 100

c. 30

d. 200

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You observe the following information contained in a stock quote for BHP Billiton Ltd:

Bid

33.45

Offer

33.47

High

33.52

Low

33.25

Last Trade

33.46

If you have BHP shares, at what price can you sell them?

Select one:

a. $33.45

b. $33.46

c. $33.47

d. $33.52

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