Busıness Fınance Iı Çıkmış Sorular, Online Deneme Sınavları, Çalışma, Dersler, Sınava Hazırlanma, vize, final

Soru 1:

In which of the following is the decision rule for internal rate of return technique given correctly if a project is independent?

A) Approve the project that provides IRR that is greater thanthe expected rate of return. B) Approve the project that provides IRR that is lower than the expected rate of return. C) Approve the project that provides the equal cash inflows to cash outflows. D) Approve the project that provides the highest IRR. E) Approve the project that provides the lowest IRR.

Soru 2:

What is differency between debt and equity?

A) Debt is an ownership interest, equity represents an ownership of company. B) The corporation’s payment of interest on debt is considered a cost of doing business but is not fully tax deductible. C) One of the costs of issuing debt represents the possibility of financial success. D) Equity can be in the form of term loans, debentures, and bonds, but dept can be in the form of shares and stock. E) Debt holders are the creditors, whereas equityholders are the owners of the company.

Soru 3:

The marginal cost of capital (MCC) is the composite cost of the last dollar of new capital raised.

A) Capital asset pricing model B) Risk premium C) Bond yield plus risk premium approach D) Weighted average cost of capital E) Marginal cost of capital

Soru 4:

Real options analysis Scenario analysis Decision trees Sensitivity analysis Simulation analysis Which of the above are used to measure a project’s risks coming from various sources rather than in general manner?

A) I, II and III B) III, IV and V C) I, II, III and IV D) I, II, IV and V E) II, III, IV and V

Soru 5:

Retained earnings are one of the least costly sources of finance since it does not involve any floatation cost as in the case of raising funds by issuing different types of securities. Retained earnings are most useful to expansion and diversification of the business activities. If the companies use equity finance they have to pay a dividend. When the company uses the retained earnings as the sources of finance for their financial requirements, the cost of capital is more expensive than the other sources of finance. Retained earnings provide opportunities for evasion of excessive tax in a company when it has a small number of shareholders. Which of the above statements in terms of the advantages of retained earnings are correct?

A) I and II B) I, III and IV C) III, IV and V D) I, II, III and V E) I, II, III, IV and V

Soru 6:

What is the formula above used to calculate?

A) The weight of debt B) The before-tax cost of debt C) The after-tax cost of debt D) The cost of equity E) The weighted average cost of capital

Soru 7:

I. Obstacles in management II. Loss of leverage contributions III. Retained earnings IV. Lower cost of capital Which of the above are among the disadvantages of common stock?

A) I and II B) III and IV C) I, II and IV D) II, III and IV E) I, II, III and IV

Soru 8:

The WACC estimation should be based on the market values of the capital components. The weights of the capital components should not be computed on book values. In the evaluation of the capital budgeting projects, the WACC of the firm should be used as a decision criterion. Which of the statements above is/are true about weighted average cost of capital?

A) Only I B) I and II C) II and III D) I and III E) I, II and III

Soru 9:

XLM Corp. has a bond issue outstanding for which the yield-to-maturity is 8.45%. Analysts estimate a risk premium of 3.15% for the company's stock. What is the expected cost of equity of XLM according to the bond-yield-plus-risk-premium approach?

A) 05.53% B) 10.30% C) 11.60% D) 12.45% E) 14.90%

Soru 10:

Which one of the following tells the length of time it takes cumulative present values of cash inflows will be equal to the initial cash outflow?

A) Payback period B) Discounted payback period technique C) Incremental cash flow D) Opportunity cost E) Sunk cost

Soru 11:

Which of the followings is not among the altenratives for funding investments and/or other cash uses by medium and long-term sources?

A) Securitization. B) Borrowing from special institutions. C) Debt issuance and equity finance. D) Trading of auto-issued bonds. E) Bank borrowing.

Soru 12:

NOPAT/Capital Which one of the following is the refers to this formula?

A) Degree of operating leverage B) Return on invested capital C) Value of the firm D) Value of equity E) Value of debt

Soru 13:

... asserts that investors regard an equity issue negatively and usually the stock price falls. Which one of the following completes the sentence?

A) Business risk B) The signaling theory C) Debt financing D) Financial risk E) Return on invested capital

Soru 14:

What happens when you have an overdraft?

A) If you try to use your debit card when there is not enough money in your account to cover the transaction and your account can allow overdrawing to pay later without interest. B) If your bank does pay your overdraft, you will not be charged a hefty fee for each overdraft transaction. C) If the limit is overdrawn, the borrower pays a penalty interest rate. D) Select the current account you would like to see the overdraft limit for. E) Even if your current account is always in credit, it can be a good idea to have an overdraft facility arranged with your bank.

Soru 15:

Objective projects Independent projects Contingent projects Mutually exclusive projects Which of the above are the relative state of the investments regarding dependence on each other?

A) I and II B) III and IV C) I, II and III D) I, II and IV E) II, III and IV

Soru 16:

Agency theory Trade-off theory Optimal capital theory Traditional approach Net operating income approach Which of the above are among the capital structure theories?

A) I, II and III B) III, IV and V C) I, II, III and IV D) I, II, IV and V E) II, III, IV and V

Soru 17:

Which of the following is true about retained earnings?

A) As a source of finance, retained earnings include floatation costs. B) When the retained earnings are used, companies need to pay both the interest and the dividend. C) Retained earnings prevent the financial structure from remaining completely flexible. D) They provide opportunities for evasion of excessive tax when it has a small number of shareholders. E) In retained earnings, the cost of capital is much more expensive than other sources of finance.

Soru 18:

Which one of the following is the first step of calculating the Net Present Value?

A) Discounting cash flows by an appropriate discount rate B) Estimating depreciation C) Estimating cash flows D) Adding up the discounted cash flows to obtain NPV E) Calculating Internat Rate of Return

Soru 19:

... is a benchmark rate that represents the interest rate at which banks offer to lend funds to one another in the international interbank market for short-term loans.

A) FOREX B) LIBOR C) SWIFT D) Licensing E) Franchising

Soru 20:

The Par Value of a Bond The Face Value Common Stock Collateral Lease Which of the above terms are used interchangeably?

A) I and II B) I and V C) II and III D) III and IV E) IV and V