Introduction to Business

Final Test J o hn s o n , I n c. h a s j u st e n d e d t h e ca l e n d a r y e a r m a ki n g a sa l e i n t h e a m o un t o f $10 , 000 o f merchandise purchased during the year at a total cost of $7,000. Although the ﬁrm paid in full for the merchandise during the year, it is yet to collect at year end from the customer. The net proﬁt and cash ﬂow from this sale for the year are . $3,000 and $10,000, respe

BUS | 101 | Introduction to Business | exam | Final Test J o hn s o n   I n 

Test 1 The future value of a $2,000 annuity due deposited at 8 percent compounded annually for each of the next 10 years is . $28, 9 74 $31, 2 91 $14, 4 94 $13, 4 20 Utilizing past cost and expense ratios (percent-of-sales method) when preparing pro forma ﬁnancial statements will tend to . understate proﬁts when sales are decreasing understate proﬁts when sales a

BUS | 101 | Introduction to Business | assessment | Test 1 The future value of a $

Quiz 8 1. What is the quantitative decision rule for the net present value method? Select one: a. Accept investments whose return on investment exceeds the accounting rate of return. b. Accept investments whose weighted average cost of capital exceeds the return on investment. c. Accept investments whose required rate of return exceeds the internal rate

BUS | 101 | Introduction to Business | assessment | Quiz 8 1. What is the quantita

Test 3 Which of the following is a strength of a corporation? low taxes limited liability low organization costs less government regulation The future value of a dollar as the interest rate increases and the further in the future an initial deposit is to be received. decrease s; decrease s decrease s; increases increases; increases increase s; decreas es Pr

BUS | 101 | Introduction to Business | assessment | Test 3 Which of the following 

Test 8 signify what an organization and its employees are trying to accomplish. Emotions Moods Terminal values Instrumental values Attitudes Orbit Inc., puts out newspaper releases announcing employees' promotions. This is an example of a rite of: inaugurati on. celebratio n. integratio n . passage. enhance m ent. The rites of determine how individual

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