更多"[单选题]A project's cash flow is equal"的相关试题:
[单选题]Which one of the following is a project cash inflow? Ignore any tax effects.
A. Decrease in accounts payable
B. Increase in accounts receivable
C. Decrease in inventory
D. Depreciation expense
E. Equipment acquisition
Difficulty: 1 Easy
Topic: Cash flows
Learning Objective: 10-01 Determine the relevant cash flows for a proposed project.
[单选题]Project A has cash flows of $4,000, $3,000, $0, and $3,000 for Years 1 to 4, respectively. Project B has cash flows of $2,000, $3,000, $2,000, and $3,000 for Years 1 to 4, respectively. Which one of the following statements is correct assuming the discount rate is positive? (No calculations needed.
A. The cash flows for Project B are an annuity, but those of Project A are not.
B. Both sets of cash flows have equal present values as of Time 0.
C. The present value at Time 0 of the final cash flow for Project A will be discounted using an exponent of three.
D. Both projects have equal values at any point in time since they both pay the same total amount.
E. Project B is worth less today than Project A
Difficulty: 1 Easy
Topic: Present value - multiple cash flows
Learning Objective: 06-01 Determine the future and present value of investments with multiple cash flows.
[单选题]Project X has cash flows of $8,500, $8,000, $7,500, and $7,000 for Years 1 to 4, respectively. Project Y has cash flows of $7,000, $7,500, $8,000, and $8,500 for Years 1 to 4, respectively. Which one of the following statements is true concerning these two projects given a positive discount rate? (No calculations needed.
A. Both projects have the same future value at the end of Year 4.
B. Both projects have the same value at Time 0.
C. Both projects are ordinary annuities.
D. Project Y has a higher present value than Project X.
E. Project X has both a higher present and a higher future value than Project Y.
Difficulty: 1 Easy
Topic: Present value - multiple cash flows
Learning Objective: 06-01 Determine the future and present value of investments with multiple cash flows.
[单选题]If a project has a net present value equal to zero, then:
A. the total of the cash inflows must equal the initial cost of the project.
B. the project earns a return exactly equal to the discount rate.
C. a decrease in the project's initial cost will cause the project to have a negative NPV.
D. any delay in receiving the projected cash inflows will cause the project to have a positive NPV.
E. the project's PI must also be equal to zero.
Difficulty: 1 Easy
Topic: Net present value
Learning Objective: 09-01 Show the reasons why the net present value criterion is the best way to evaluate proposed investments.
[单选题]Pro forma statements for a proposed project should generally do all of the following except:
A. be compiled on a stand-alone basis.
B. include all project-related fixed asset acquisitions and disposals.
C. include all the incremental cash flows related to the project.
D. include taxes.
E. include interest expense.
Difficulty: 1 Easy
Topic: Pro forma statements
Learning Objective: 10-01 Determine the relevant cash flows for a proposed project.
[单选题]A discount bond's coupon rate is equal to the annual interest divided by the:
A. call price.
B. current price.
C. face value.
D. clean price.
E. dirty price.
Difficulty: 1 Easy
Topic: Bond coupons
Learning Objective: 07-01 Define important bond features and types of bonds.
[单选题]When evaluating the timing of a project's projected cash flows, a financial manager is analyzing:
A. the amount of each expected cash flow.
B. only the start-up costs that are expected to require cash resources.
C. only the date of the final cash flow related to the project.
D. the amount by which cash receipts are expected to exceed cash outflows.
E. when each cash flow is expected to occur.
Difficulty: 1 Easy
[单选题]Assume you graph a project's net present value given various sales quantities. Which one of the following is correct regarding the resulting function?
A. The steepness of the function relates to the project's degree of operating leverage.
B. The steeper the function, the less sensitive the project is to changes in the sales quantity.
C. The resulting function will be a hyperbole.
D. The resulting function will include only positive values.
E. The slope of the function measures the sensitivity of the net present value to a change in sales quantity.
Difficulty: 1 Easy
Topic: Sensitivity analysis
Learning Objective: 11-01 Perform and interpret a sensitivity analysis for a proposed investment.
[单选题]A project's average net income divided by its average book value is referred to as the project's average:
A. net present value.
B. internal rate of return.
C. accounting return.
D. profitability index.
E. payback period.
Difficulty: 1 Easy
Topic: Average accounting return
Learning Objective: 09-04 Explain accounting rates of return and some of the problems with them.
[单选题]An analysis of the change in a project's NPV when a single variable is changed is called ________ analysis.
A. forecasting
B. scenario
C. sensitivity
D. simulation
E. break-even
Difficulty: 1 Easy
Topic: Sensitivity analysis
Learning Objective: 11-01 Perform and interpret a sensitivity analysis for a proposed investment.
[单选题] She’s currently working ________ a project.
A. on
B. to
C. at
D. with
[单选题] Which of the following statements about cash management accounts (CMAs. are true?
A. The cash management account was developed in 1977 by Merrill Lynch.
B. The advantage of brokerage-based cash management accounts is that they make it easier to buy and sell securities.
C. As a result of CMAs, the distinction between banking activities and the activities of nonbank financial institutions has become more clearly defined.
D. All of the above are true.
E. Only A and B of the above are true.
[单选题]The expected risk premium on a stock is equal to the expected return on the stock minus the:
A. expected market rate of return.
B. risk-free rate.
C. inflation rate.
D. standard deviation.
E. variance.
Difficulty: 1 Easy
Topic: Risk premium
Learning Objective: 13-01 Show how to calculate expected returns, variance, and standard deviation.
[单选题]3.With equal technology nations will have equal K/L in production if:
A.A.factor prices are the same
B.B.tastes are the same
C.C.production functions are the same
D.D.all of the above
[单选题]According to the statement of cash flows, an increase in interest expense will ________ the cash flow from ________ activities.
A. decrease; operating
B. decrease; financing
C. increase; operating
D. increase; financing
E. Increase; investment
Difficulty: 1 Easy
Topic: Statement of cash flows
Learning Objective: 03-01 Standardize financial statements for comparison purposes.
[单选题]On the statement of cash flows, which one of the following is considered an operating activity?
A. Increase in net fixed assets
B. Decrease in accounts payable
C. Purchase of equipment
D. Dividends paid
E. Repayment of long-term debt
Difficulty: 1 Easy
Topic: Statement of cash flows
Learning Objective: 03-01 Standardize financial statements for comparison purposes.
