STR 581 Capstone Final Examination Part Two UOP Complete Course Tutorials

1. Internal reports that review the actual impact of decisions are prepared
by:
A. the controller
B. department heads
C. factory workers
D. management accountants
2. Horizontal analysis is also known as:
A. trend analysis
B. vertical analysis
C. linear analysis
D. common size analysis

3. Which of the following is an advantage of corporations relative to
partnerships and sole proprietorships?
A. most common form of organization
B. reduced legal liability for investors
C. lower taxes
D. harder to transfer ownership
Complete Answers here STR 581 Complete Course
4. Serox stock was selling for $20 two years ago. The stock sold for $25
one year ago, and it is currently selling for $28. Serox pays a $1.10
dividend per year. What was the rate of return for owning Serox in the
most recent year? (Round to the nearest percent.)
A. 32%
B. 16%
C. 12%
D. 40%

5. External financing needed: Jockey Company has total assets worth
$4,417,665. At year-end it will have net income of $2,771,342 and pay out 60
percent as dividends. If the firm wants no external financing, what is the
growth rate it can support?
A. 30.3%
B. 27.3%
C. 32.9%
D. 25.1%
6. An unrealistic budget is more likely to result when it:
A. has been developed by all levels of management.
B. has been developed in a top down fashion.
C. has been developed in a bottom up fashion.
D. is developed with performance appraisal usages in mind.
Download now STR 581

7. Which of the following financial statements is concerned with the
company at a point in time?
A. balance sheet
B. retained earnings statement
C. statement of cash flows
D. income statement
8. Next year Jenkins Traders will pay a dividend of $3.00. It expects to
increase its dividend by $0.25 in each of the following three years. If their
required rate of return if 14 percent, what is the present value of their
dividends over the next four years?
A. $12.50
B. $11.63
C. $9.72
D. $13.50

9. An activity that has a direct cause-effect relationship with the resources
consumed is a(n):
A. product activity
B. cost driver
C. cost pool
D. overhead rate
Complete paper here STR 581 Final Exam
10. The major element in budgetary control is:
A. the approval of the budget by the stockholders
B. the valuation of inventories
C. the preparation of long-term plans
D. the comparison of actual results with planned objectives.

11. Tule Time Comics is considering a new show that will generate annual
cash flows of $100,000 into the infinite future. If the initial outlay for such a
production is $1,500,000 and the appropriate discount rate is 6 percent for
the cash flows, then what is the profitability index for the project?
A. 0.11
B. 1.11
C. 0.90
D. 1.90
12. How firms estimate their cost of capital: The WACC for a firm is 13.00
percent. You know that the firm’s cost of debt capital is 10 percent and the
cost of equity capital is 20% What proportion of the firm is financed with
debt?
A. 70%
B. 50%
C. 33%
D. 30%
Want more details? Download now STR 581 Entire Course

13. The most important information needed to determine if companies
can pay their current obligations is the:
A. relationship between current assets and current liabilities
B. relationship between short-term and long-term liabilities
C. projected net income for next year
D. net income for this year
14. Process costing is used when:
A. dissimilar products are involved
B. production is aimed at fulfilling a specific customer order.
C. the production process is continuous.
D. costs are to be assigned to specific jobs.

15. A cost which remains constant per unit at various levels of activity is
a:
A. fixed cost
B. mixed cost
C. manufacturing cost
D. variable cost
Find the final exam answers here STR 581 Individual Assignment
16.The group of users of accounting information charged with achieving
the goals of the business is its:
A. investors
B. auditors
C. creditors
D. managers

17. Teakap, Inc. has current assets of $1,456,312 and total assets of
$4,812,369 for the year ending September 30, 2006. It also has current
liabilities of $1,041,012, common equity of $1,500,000 and retained
earnings of $1,468,347. How much long-term debt does the firm
have?
A. $803,010
B. $2,303,010
C. $1,844,022
D. $2,123,612
18. The cash conversion cycle?
A. begins when the firm invests cash to purchase the raw materials that would
be used to produce the goods that the firm manufactures.
B. estimates how long it takes on average for the firm to collect its outstanding
accounts receivables balance.
C. begins when the firm uses its cash to purchase raw materials and ends
when the firm collects cash payments on its credit sales.
D. shows how long the firm keeps its inventory before selling it.
Find the quiz answers here STR 581 Final Exam Answer

19. Ajax Corp. is expecting the following cash flows - $79,000, $112,000,
$164,000, $84,000, and $242,000 – over the next five years. If the
company’s opportunity cost is 15 percent, what is the present value of
these cash flows? (Round to the nearest dollar.)
A. $480,906
B. $429,560
C. $414,322
D. $477,235
20. Jack Robbins is saving for a new car. He needs to have $21,000 for the
car in three years. How much will he have to invest today in an account
paying 8 percent annually to achieve his target? (Round to nearest
dollar)
A. $26,454
B. $19,444
C. $22,680
D. $16,670

21. Which of the following presents a summary of changes in a firm’s
balance sheet from the beginning of an accounting period to the end of that
accounting period?
A. the statement of net worth
B. the statement of cash flows
C. the statement of working capital
D. the statement of retained earnings
Download for answers STR 581 Knowledge Check
22. M&M Proposition 1: Dynamo Corp. produces annual cash flows of $150
and is expected to exist forever. The company is currently financed with 75
percent equity and 25 percent debt. Your analysis tells you that the
appropriate discount rates are 10 percent for the cash flows, and 7 percent
for the debt. You currently own 10 percent of the stock.
If Dynamo wishes to change its capital structure from 75 percent equity to 60
percent equity and use the debt proceeds to pay a special dividend to
shareholders, how much debt should they use?
A. $225
B. $600
C. $375
D. $321

23. Horizontal analysis is a technique for evaluating a series of financial
statement data over a period of time:
A. that has been arranged from the highest number to the lowest
number.
B. to determine the amount and/or percentage increase or decrease that has
taken place.
C. to determine which items are in error.
D. that has been arranged from the lowest number to the highest number.
24. Jayadev Athreya has started his first job. He will invest $5,000 at the
end of each year for the next 45 years in a fund that will earn a return of
10 percent. How much will Jayadev have at the end of 45 years?
A. $2,667,904
B. $5,233,442
C. $1,745,600
D. $3,594,524
Click here and download STR 581 Week 6 Complete

25. Turnbull Corp. had an EBIT of $247 million in the last fiscal year. Its
depreciation and amortization expenses amounted to $84 million. The
firm has 135 million shares outstanding and a share price of $12.80. A
competing firm that is very similar to Turnbull has an enterprise
value/EBITDA multiple of 5.40.
What is the enterprise value of Turnbull Corp.? Round to the nearest
million dollars.
A. $1,344 million
B. $453.6 million
C. $1,315 million
D. $1,787 million
26. Firms that achieve higher growth rates without seeking external
financing:
A. Have a low plowback ratio
B. are highly leveraged
C. have less equity and/or are able to generate high net income leading to a
high ROE.
D. None of these

27. In a process cost system, product costs are summarized:
A. on job cost sheets.
B. when the products are sold.
C. after each unit is produced.
D. on production cost reports.
Want help? Click to download STR 581 Final Exam Questions With
Answers
28. The convention of consistency refers to consistent use of accounting
principles:
A. within industries
B. among accounting periods
C. throughout the accounting period
D. among firms

29. If a company’s weighted average cost of capital is less than the
required return on equity, then the firm:
A. is financed with more than 50% debt
B. is perceived to be safe
C. partnership
D. has debt in its capital structure
30. Your firm has an equity multiplier of 2.47. What is the debt-to-equity
ratio?
A. 0
B. 1.74
C. 0.60
D. 1.47
Complete Answers just a click away STR 581 Complete Assignment

31. The accumulation of accounting data on the basis of the individual
manager who has the authority to make day-to-day decisions about
activities in an area is called:
A. master budgeting
B. static reporting
C. responsibility accounting
D. flexible accounting
32. Regatta, Inc., has six-year bonds outstanding that pay a 8.25 percent
coupon rate. Investors buying the bond today can expect to earn a yield
to maturity of 6.875 percent. What should the company’s bonds be priced
at today? Assume annual coupon payments. (Round to the nearest
dollar.)
A. $1014
B. $972
C. $923
D. $1,066

33. Variance reports are:
A. internal reports for management
B. SEC financial reports
C. external financial reports
D. all of these
Final Exam Answers just a click away STR 581 Entire Course
34. The break-even point is where:
A. contribution margin equals total fixed costs.
B. total sales equal total variable costs.
C. total sales equal total fixed costs.
D. total variable costs equal total fixed costs.

35. When a company assigns the costs of direct materials, direct labor,
and both variable and fixed manufacturing overhead to products, that
company is using:
A. operations costing
B. product costing
C. absorption costing
D. variable costing
36. Which of the following is considered a hybrid organizational
form?
A. sole proprietorship
B. partnership
C. limited liability partnership
D. corporation
Quiz Answers just a click away STR 581 Final Exam

37. Gateway, Corp. has an inventory turnover of 5.6. What is the firm’s
days’s sales in inventory?
A. 57.9
B. 61.7
C. 65.2
D. 64.3
38. The process of evaluating financial data that change under alternative
courses of action is called:
A. incremental analysis
B. contribution margin analysis
C. cost-benefit analysis
D. double entry analysis

39. What decision criteria should managers use in selecting projects when
there is not enough capital to invest in all available positive NPV projects?
A. the modified internal rate of return
B. the profitability index
C. the discounted payback
D. the internal rate of return
About Author
This article covers the topic for the University Of Phoenix STR 581 Final Exam.
The author is working in the field of education from last 5 years. This article covers
the basic of STR 581Final Exam Assignment from UOP. Other topics in the class
are as follows:
STR 581 Week 1 Ethics Reflection Paper
STR 581 Week 1 Complete
STR 581 Week 2 Research Proposal
STR 581 Week 2 Learning Team Activity

STR 581 Week 3 External and Internal Environmental Analysis
STR 581 Week 3 Learning Team Peer Evaluation
STR 581 Week 4 Strategic Choice and Evaluation
STR 581 Week 4 Capstone Final Examination, Part Two
STR 581 Week 5 Implementation Strategic Controls and Contingency
Plans
STR 581 Week 6 Strategic Plan and Presentation

STR 581 Week 1 Knowledge Check (Latest)
Want to check other classes..?? Visit www.uopeassignments.com

STR 581 Capstone Final Examination Part Two UOP Complete Course Tutorials

Recommended

Recommended

More Related Content

Viewers also liked

Viewers also liked (17)

More from UOP E Assignments

More from UOP E Assignments (6)

Recently uploaded

Recently uploaded (20)

STR 581 Capstone Final Examination Part Two UOP Complete Course Tutorials