公司金融答案2023秋

第一章测试

1.

公司金融的决策目标是（  ）。

A:收益最大化 B:规模最大化 C:利润最大化 D:股东财富最大化
答案:D
2.公司主要的金融活动有（ ）。
A:筹资、投资和财务报表分析 B:预算，成本和利润核算 C:筹资活动、投资活动，资金运营活动和利润分配活动 D:收入，成本和利润核算
答案:C
3.下列有关公司金融的决策目标表述正确的是（ ）。
A:公司金融决策强调股东财富最大化时可以忽略其他利益相关者的利益 B:为了实现公司价值最大化可以暂时牺牲一下社会利益 C:公司金融的目标包括利润最大化、每股收益最大化和股东财富最大化 D:公司金融决策目标和公司的目标是一致的
答案:D
4.股东的价值创造是由（ ）决定的。
A:公司提升股价的能力 B:公司筹资的能力 C:公司长期的创造现金的能力 D:公司降低风险的能力
答案:C
5. 下列不属于公司金融研究主要内容的是（ ）。
A:融资决策 B:投资决策 C:管理决策 D:股利分配决策
答案:C
6. 个体所有制企业的优点不包括（ ）。
A:无需交纳企业所得税 B:创立容易 C:有限责任 D:相对来说，受到的限制较少
答案:C
7.下列不是公司制企业的优点的是（ ）。
A:公司股东无需缴纳个人所得税 B:有限债务责任 C:无限存续 D:容易转让所有权
答案:A
8.

股东与经理人间的委托代理问题主要源于（   ）

A:因为所有权与经营权两者相分离 B:当经理人的个人利益与公司集体利益冲突时，企业往往缺乏促使经理人放弃个人利益选择集体利益的现实激励 C:其余选项都正确
答案:C
9. 公司股东以出资额为限承担有限责任的根本原因是（ ）。
A:公司是个独立的法人 B:所有权和经营权分离 C:公司股权易于转让 D:公司永续经营
答案:A
10.股东是公司的所有者，是公司风险的主要承担者，因此，股东对于公司收益的索求权是（ ）。
A:固定索求权 B:剩余索求权 C:或有索求权 D:法定索求权
答案:B
1.The Bluebird Company has a $10,000 liability it must pay three years from today.
The company is opening a savings account so that the entire amount will be available when this debt needs to be paid. The plan is to make an initial deposit today and then deposit an additional $2,500 a year for the next three years, starting one year from today. The account pays a 3% rate of return. How much does the Bluebird Company need to deposit today? （ ）
A:$4,276.34
B:$3,108.09
C:$2,079.89
D:$1,867.74

答案:C
2.Suzette is going to receive $10,000 today as the result of an insurance settlement. In addition, she will receive $15,000 one year from today and $25,000 two years from today. She plans on saving all of this money and investing it for her retirement. If Suzette can earn an average of 11% on her investments, how much will she have in her account if she retires 25 years from today? （ ）
A:$595,098.67
B:$536,124.93
C:$541,414.14
D:$546,072.91

答案:A
3.You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment one year from now? （ ）
A:principal amounts
B:future value
C:present value
D:discounted value

答案:B
4.

Sara invested $500 six years ago at 5 percent interest. She spends her earnings as soon as she earns any interest so she only receives interest on her initial $500 investment. Which type of interest is Sara earning?

A:interest on interest B:free interest C:complex interest D:simple interest
答案:D
5.Shelley won a lottery and will receive $1,000 a year for the next ten years. The value of her winnings today discounted at her discount rate is called which one of the following? （ ）
A:single amount
B:simple amount
C:present value
D:future value

答案:C
6.Which one of the following will produce the highest present value interest factor? （ ）
A:6 percent interest for ten years
B:8 percent interest for five years
C:6 percent interest for five years
D:6 percent interest for eight years

答案:C
7.Which one of the following terms is defined as a conflict of interest between the corporate shareholders and the corporate managers? （ ）
A:articles of incorporation
B:agency problem
C:bylaws
D:corporate breakdown

答案:B
8.Which one of the following is a capital budgeting decision? （ ）
A:determining how many shares of stock to issue
B:deciding whether or not to purchase a new machine for the production line
C:deciding how to refinance a debt issue that is maturing
D:determining how much inventory to keep on hand

答案:B
9.Which of the following questions are addressed by financial managers? （ ）
A:Should customers be given 30 or 45 days to pay for their credit purchases?
B:Should the firm borrow more money?
C:Should the firm acquire new equipment?
D:How should a product be marketed?

答案:ABC
10.Which of the following should a financial manager consider when analyzing a capital budgeting project? ( )
A:timing of all projected cash flows
B:dollar amount of each projected cash flow
C:project start up costs
D:dependability of future cash flows

答案:ABCD