Finance 534 Week 8 Quiz 7
A quiz testing advanced financial decision-making.
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Finance 534 week 8 quiz 7
This quiz consist of 30 multiple choice questions. The first 15 questions cover the material
in Chapter 12. The second 15 questions cover the material in Chapter 13. Be sure you are in the
correct Chapter when you take the quiz.
Question 1
Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets that
were being operated at 80% of capacity. In millions, how large could sales have been if the
company had operated at full capacity?
Correct Answer:
$312.5
Question 2
Which of the following is NOT a key element in strategic planning as it is described in the text?
Correct Answer:
The statement of cash flows.
Question 3
Spontaneous funds are generally defined as follows:
Correct
Answer: Funds that arise out of normal business operations from its suppliers,
employees, and the government, and they include immediate increases in
accounts payable, accrued wages, and accrued taxes.
Question 4
Which of the following statements is CORRECT?
Correct
Answer: The first, and perhaps the most critical, step in forecasting financial
requirements is to forecast future sales.
Question 5
This quiz consist of 30 multiple choice questions. The first 15 questions cover the material
in Chapter 12. The second 15 questions cover the material in Chapter 13. Be sure you are in the
correct Chapter when you take the quiz.
Question 1
Last year Godinho Corp. had $250 million of sales, and it had $75 million of fixed assets that
were being operated at 80% of capacity. In millions, how large could sales have been if the
company had operated at full capacity?
Correct Answer:
$312.5
Question 2
Which of the following is NOT a key element in strategic planning as it is described in the text?
Correct Answer:
The statement of cash flows.
Question 3
Spontaneous funds are generally defined as follows:
Correct
Answer: Funds that arise out of normal business operations from its suppliers,
employees, and the government, and they include immediate increases in
accounts payable, accrued wages, and accrued taxes.
Question 4
Which of the following statements is CORRECT?
Correct
Answer: The first, and perhaps the most critical, step in forecasting financial
requirements is to forecast future sales.
Question 5
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Document Details
University
Strayer University
Subject
Finance