Scribd Logo
Upload

Welcome to Scribd!

  • 152 views

    Business Finance Semi Exam

    Uploaded by

    Aimelenne Jay Aninion
    This document is a business finance exam containing multiple choice and solving questions. The multiple choice section tests understanding of concepts like working capital, net working capital, accruals, time value of money, and types of loans. The solving section asks students to calculate things like future and present value using interest rates and time periods, future value of an annuity, quantity discounts, carrying costs, investment in inventory, and ordering costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Business Finance Semi Exam

    Uploaded by

    Aimelenne Jay Aninion
    152 views1 page
    This document is a business finance exam containing multiple choice and solving questions. The multiple choice section tests understanding of concepts like working capital, net working capital, accruals, time value of money, and types of loans. The solving section asks students to calculate things like future and present value using interest rates and time periods, future value of an annuity, quantity discounts, carrying costs, investment in inventory, and ordering costs.

    Original Title

    business finance semi exam

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document is a business finance exam containing multiple choice and solving questions. The multiple choice section tests understanding of concepts like working capital, net working capital, accruals, time value of money, and types of loans. The solving section asks students to calculate things like future and present value using interest rates and time periods, future value of an annuity, quantity discounts, carrying costs, investment in inventory, and ordering costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    152 views1 page

    Business Finance Semi Exam

    Uploaded by

    Aimelenne Jay Aninion
    This document is a business finance exam containing multiple choice and solving questions. The multiple choice section tests understanding of concepts like working capital, net working capital, accruals, time value of money, and types of loans. The solving section asks students to calculate things like future and present value using interest rates and time periods, future value of an annuity, quantity discounts, carrying costs, investment in inventory, and ordering costs.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 1

    WESTERN MINDANAO ADVENTIST ACADEMY 7028

    Dumingag, Zamboanga del Sur


    “The School for Better Future” Philippines

    BUSINESS FINANCE
    Semi-Final Examination
    September 19, 2018

    Name: __________________________________________________ SCORE: ___________


    Grade/Section: ________________________
    Test I.MODIFIED TRUE OR FALSE. Write True if the statement is correct and False if the statement is wrong then underline the word or phrase
    that made it false and write the correct answer after the statement. (right minus wrong) NO ERASURES!

    1. Check is the lifeblood of any business. _____________


    2. Cashier has to be constantly vigilant to ensure the proper timing of the inflow and outflow of funds. _____________
    3. A financial plan is a document that contains assumptions made by those involved in financial planning and a review of past financial
    performance and trends in the industry. ________________
    4. A firm’s working capital is its current assets. ______________
    5. Those big business owners often refer to working capital as “paikot na puhunan.” __________________
    6. In our daily lives, working capital is like revolving funds to maintain your cost of living. _________________
    7. In any business, there are unforeseen event and occurrences that are beyond anyone’s control and it is called Provision of Operating
    Expenses. __________________
    8. Net Working Capital = Current Liabilities – (Payables + Accruals) ____________________
    9. Accruals are salaries owed to employees and taxes owed to the government. ___________________
    10. Salaries are paid every two weeks while taxes are paid either monthly, quarterly or annually. ______________
    11. When payables plus accruals are deducted from the current assets, the result is called Net Working Capital. __________________
    12. For working capital management to be effective, the timing of purchase and disposal of inventory levels must be closely monitored.
    ______________
    13. Joint in Trial Inventory Managing System (JIT) is used by companies to help them ensure efficiency and reduce waste that results from
    spoilage and spoilage and obsolescence. _____________
    14. Time value of money is not the idea that money available now is worth more than the same amount that will be available is some future
    date.______________________
    15. Interest is an important concept applied in financial and investment decision.____________________
    16. A peso received today is worth more than a peso that will be received in some future date._____________
    17. Secured loan is one which no collateral is required.___________
    18. Short-term loans are either secured or unsecured._________
    19. There are annuities which involve even cash flows.____________
    20. An ordinary annuity is the type of wherein payments occur at the end of the period. _____________

    Test II. Solving.

    1. Solve the future value (3 points)


    Cash -> PV = P 1500
    Interest: 6%
    Number of years : 10
    2. Solve for the present value (3 points)
    Present value = ?
    Future value = 578
    Interest = 5%
    Number of years = 3 years
    3. Solve for Future Value of an Ordinary Annuity (3 points)
    Future Value of an Ordinary Annuity = ?
    PMT (annuity payment) = 500
    Interest = 2%
    4. Pretend that you are able to save P500.00 every month from the allowance that you receive from your parents. If you are to draw a time line
    for one school year, how would it look like? How do you intend to use the money you have saved after the school year? (5 points)
    5. Solve for quantity discount (3 points)
    Cost of raw materials: P250,000
    Discount: 5%
    6. Solve for carrying cost (3 points)
    Carrying Cost: 20,000
    Unit: P0.50
    7. Solve for Investment in Inventory (3 points)
    Average inventory: 2500 units
    Unit cost: P50
    8. Solve for Ordering Cost (3 points)
    Total usage: 2,500,000
    Quantity per order: 20,000
    Cost of placing an order: 250

    You might also like