Seçmeli Ara Sınav - Busıness Fınance I

Soru 1:

XYZ Co. is a manufacturer of a single product which it totally sells in the domestic market. The sales price of the product is $900. The unit variable cost is $300. What is the contribution margin per unit?

A) 1200 B) 3 C) 600 D) 0,3 E) 270.000

Soru 2:

The shareholder value based on the value of expected future cash flows adjusted for time and risk is defined as the ............... , which is in fact the present value of the future cash flows that the company expects to generate.

A) Market value B) Book value C) Intrinsic value D) Liquidation value E) Market capitilization

Soru 3:

You need to keep some of your money in a bank account for your sister's wedding next year. You want to give them 20.000. With the interest rate of 10% how much do you need to spare now in your bank account?

A) 23.060 B) 24.561 C) 17.562 D) 18.181 E) 19.020

Soru 4:

Which of the following includes the conflicts between shareholders and creditors?

A) Horizontal equity agency costs B) Corporate governance C) Agency costs of debt D) Equity agency costs E) Vertical equity agency costs

Soru 5:

............. tells how much effort is required in order to produce goods and services.

A) Production value B) Customer value C) Profit D) Net income E) Liquidity

Soru 6:

ABC Corp. manufactures a computer appliance and sells all of its production. The price of the appliance is $20/unit. The company incurs $5 of variable costs per unit produced and sold. ABC has total fixed costs of $300,000. What is the break-even point of activity for ABC?

A) 50.000 units B) 40.000 units C) 30.000 units D) 20.000 units E) 10.000 units

Soru 7:

Anadolu Corp. produces a kind of durable goods and sells all of its production. The price of the good is $250/unit. The company incurs $100 of variable costs per unit produced and sold. Anadolu Corp. has total fixed costs of $5,250,000. What is the break-even point of activity for Anadolu Corp.?

A) 30,000 units B) 32,000 units C) 34,500 units D) 36,000 units E) 37,500 units

Soru 8:

What is the registered capital requirement for a Joint Stock Company according to Turkish Commercial Law?

A) 10.000 B) 25.000 C) 50.000 D) 100.000 E) 250.000

Soru 9:

A firm has a DOL of 3 at Q units. What does this tell us about the firm?

A) If sales rise by 3 % at the firm, then EBIT will rise by 1 %. B) If EBIT rises by 3 % at the firm, then EPS will rise by 1 %. C) If EBIT rises by 1% at the firm, then EPS will rise by 3 %. D) If sales rise by 1% at the firm, then EBIT will rise by 3 %. E) If sales rise by 1% at the firm, then EBIT will drop by 3 %.

Soru 10:

Which of the following shows the items in the financial statements are expressed as a percentage of total assets or sales?

A) Current ratio analysis B) Vertical analysis C) Horizontal analysis D) Acid-test analysis E) Debt-to-equity analysis

Soru 11:

Managers may prefer greater levels of consumption and less intensive work, which conflicts with the interests of the saheholders. What type of agency costs does this agency problem generate?

A) Equity agency costs B) Horizontal agency costs C) Vertical agency costs D) Agency costs of debt E) Agency costs of governance

Soru 12:

Which of the following sentences is not true about ratios?

A) Ratios are representations of average conditions that existed in the past, and are influenced by the selection of accounting methods. B) Computation of ratios are not standardized, and thus are influenced by data selection choices. C) Changes in many ratios are strongly associated with each other. D) Since financial statements are based on historical data, they reflect price level effects and real economic values. E) When ratios for the same company are compared over a period of time, care must betaken to analyze the changes in operating conditions.

Soru 13:

Which of the following is another way to say "horizontal analysis"?

A) Vertical analysis B) Income analysis C) Assests analysis D) Common size analysis E) Trend analysis

Soru 14:

A firm needs to make a payment of $35,000 in one year to its supplier. How much money would the firm need to put in the bank to have enough to cover its dept if the interest rate is 15%?

A) $30,254.08 B) $30,354.87 C) $30,434.78 D) $30,514.23 E) $30,668.91

Soru 15:

How many years will it take for $10,000 to grow to $15,000 if it is invested in an account with an yearly interest rate of 8%?

A) 6,21 B) 8,45 C) 7,56 D) 4,32 E) 5,27

Soru 16:

........... is a kind of negotiable paper, showing claims on future cash flows of the issuer of the security.

A) Security B) Pension fund C) Liability D) Opportunity cost E) Interest rate

Soru 17:

Which of the following is the correct formula to calculate "Free cash flow"?

A) Free Cash Flow = Cash Provided by Operations + Capital Expenditures + Cash Dividends B) Free Cash Flow = Cash Provided by Operations – Capital Expenditures – Cash Dividends C) Free Cash Flow = Cash Provided by Operations – Capital Expenditures + Cash Dividends D) Free Cash Flow = Cash Provided by Operations + Capital Expenditures – Cash Dividends E) Free Cash Flow = Cash Provided by Operations – Capital Expenditures / Cash Dividends

Soru 18:

Calculate the gross profit margin for 2014

A) 52.4% B) 53.2% C) 54.5% D) 56.9% E) 60.3%

Soru 19:

$50,000 has been deposited in the bank for 3 years. If an interest rate of 12% and monthly maturity for first year, 14% and quarterly maturity for second year, 16% and semi-annual maturity for last year, how much money will be accumulated in the bank after 3 years?

A) $75,411 B) $80,654 C) $92,340 D) $65,432 E) $59,650

Soru 20:

If a firm has a P/E ratio of 12 and a ROE of 13%, then the P/B ratio of the firm is __________.

A) 0.64 B) 0.92 C) 1.08 D) 1.56 E) 15.6