大学MOOC FinancialManagement(上海外国语大学)1461854161 最新慕课完整章节测试答案

Quiz5(10.1-12.2)

1、判断题：
‍When a manager develops a cost of capital for a specific project based on the cost of capital for another firm that has a similar line of business as the project, the manager is utilizing the pure play approach.‌
选项：
A: 正确
B: 错误
答案: 【 正确】

2、判断题：
​The static theory of capital structure advocates that the optimal capital structure for a company is highly dependent upon a constant debt-equity ratio over time.​​​
选项：
A: 正确
B: 错误
答案: 【 错误】

3、判断题：
​Information content effect means the financial market's reaction to a change in the amount of a company's dividend.‎​‎
选项：
A: 正确
B: 错误
答案: 【 正确】

4、判断题：
​The dividend market is in equilibrium when half of the companies adopt a low dividend policy and half adopt a high dividend policy.​​​
选项：
A: 正确
B: 错误
答案: 【 错误】

5、填空题：
A firm desires a weighted average cost of capital of 8 percent. The firm has an aftertax cost of debt of 4.8 percent and a cost of equity of 15.2 percent. What debt-equity ratio is needed for the firm to achieve its targeted weighted average cost of capital?‌‎‌
答案: 【 2.25】

6、填空题：
An all equity firm has 5,000 shares of stock outstanding at a market price of $15 a share. The firm's management has decided to issue $30,000 worth of debt and use the funds to repurchase shares of the outstanding stock. The interest rate on the debt will be 10 percent. What are the earnings per share at the break-even level of earnings before interest and taxes? Ignore taxes.‎‌‎
答案: 【 1.5】

7、填空题：
The firm has expected earnings before interest and taxes of $48,600, an unlevered cost of capital of 13.2 percent, and debt with both a book and face value of $25,000. The debt has an 8.5 percent coupon. The tax rate is 34 percent. According to M&M Proposition I with taxes, what is the value of the firm?‌​‌
答案: 【 251500】

Quiz6(13.1-14.2)

1、判断题：
​With a compromise financial policy companies will finance all of their assets with various short-term loans.‏
选项：
A: 正确
B: 错误
答案: 【 错误】

2、判断题：
​A firm's total investment in accounts receivables depends primarily on the firm's total sales and cash discount period.‌​‌
选项：
A: 正确
B: 错误
答案: 【 错误】

3、判断题：
‌The BAT model can be used to determine the target cash balance for a firm.‎‌‎
选项：
A: 正确
B: 错误
答案: 【 正确】

4、判断题：
‏The cash cycle is equal to the operating cycle minus the accounts payable period.‍‏‍
选项：
A: 正确
B: 错误
答案: 【 正确】

5、判断题：
​The underlying rationale of the ABC approach is that a small portion of inventory in terms of quantity might represent a large portion in terms of inventory value.‍
选项：
A: 正确
B: 错误
答案: 【 正确】

6、判断题：
‎When credit policy is at the optimal point, the total costs of granting credit will be maximized.‍
选项：
A: 正确
B: 错误
答案: 【 错误