财务管理英文笔试题

袈笔试题

袆考试题型：

一、从下列选项中选出最佳答案(40x1.5=60分) 二、计算题（10x2=20分） 三、段落中英互译（5x4=20分） PartIChoicequestions40x1.5=60points)(Pleasewriteyouranswerinthefollowingtable) 1.Financialstatementdoesnotinclude() A.balancesheetB.incomestatement C.cashflowstatementD.workingsheet 2.Anincreaseinwhichoneofthefollowingwillincreasetheoperatingcashflow? A.employeesalariesB.officerent C.buildingmaintenanceD.equipmentdepreciation 3.Theprocessofplanningandmanagingafirm’slong-terminvestmentsiscalled: A.workingcapitalmanagement.B.financialdepreciation. C.capitalbudgeting.D.capitalstructure. 4.Cashequivalentsinclude() A.timedepositsB.inventories

C.accountsreceivableD.prepaidexpenses

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羀5.Theinternalrateofreturnforaprojectwillincreaseif:

A.theinitialcostoftheprojectcanbereduced.B.thetotalamountofthecashinflowsisreduced.

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羂C.therequiredrateofreturnisreduced.D.thesalvagevalueoftheprojectisomittedfromtheanalysis.

膁6.Whichofthefollowingbelongstocurrentliabilities?() A.mortgagespayableB.prepaidexpenses C.notespayableD.bondspayable

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羂7.Youspent$500lastweekfixingthetransmissioninyourcar.Now,thebrakesareactingupandyouaretryingtodecidewhethertofixthemortradethecarinforanewermodel.Inanalyzingthebrakesituation,the$500youspentfixingthetransmissionisa(n)___cost.

芈A.opportunityB.sunk C.incrementalD.fixed 8.Whichofthefollowingstatementsarecorrectconcerningdiversifiablerisks? I.Diversifiableriskscanbeessentiallyeliminatedbyinvestinginseveralsecurities. II.Themarketrewardsinvestorsfordiversifiableriskbypayingariskpremium. III. Diversifiablerisksaregenerallyassociatedwithanindividualfirmorindustry. IV.Betameasuresdiversifiablerisk. A.IandIIIonlyB.IIandIVonly C.IandIVonlyD.IIandIIIonly

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膈9.Whichofthefollowingisaliabilityaccount?（） A.prepaidinsuranceB.additionalpaid-incapital C.salariespayableD.accumulateddepreciation

10.Accountantsemployedbylargecorporationsmayworkintheareasofthefollowingexcept() A.productcostingandpricingB.budgeting C.internalauditingD.productproducing 11.Acorporation’sfirstsaleofequitymadeavailabletothepubliciscalleda(n):（） A.sharerepurchaseprogram.B.privateplacement. C.initialpublicoffering(IPO).D.seasonedequityoffering(SEO). 12.Standarddeviationmeasures____risk. A.totalB.nondiversifiableC.unsystematicD.systematic

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肈13.()isthevalueatsomefuturetimeofapresentamountofmoney,oraseriesofpayments,evaluatedatagiveninterestrate.

袆A.futurevalueB.presentvalueC.intrinsicvalueD.marketvalue

肃14.EllesmereCorporationissues1million$1parvaluebonds.Thestatedinterestrateis8%peryearandtheinterestispaidtwiceayear.Whatistherealinterestrateofthebond?()

薁A.6%B.4%C.10%D.(1+8%/2)2-1

葿15.Yourfirmpurchasedawarehousefor$335,000sixyearsago.Fouryearsago,repairsweremadetoth

ebuildingwhichcost$60,000.Theannualtaxesonthepropertyare$20,000.Thewarehousehasacurrentbookvalueof$268,000andamarketvalueof$295,000.Thewarehouseistotallypaidforandsolelyownedbyyourfirm.Ifthecompanydecidestoassignthiswarehousetoanewproject,whatvalue,ifany,shouldbeincludedintheinitialcashflowoftheprojectforthisbuilding?（）

薈A.$268,000B.$295,000C.$395,000D.$515,000

16.Whichoneofthefollowingwilldecreasetheoperatingcycle? A.payingaccountspayablefaster B.discontinuingthediscountgivenforearlypaymentofanaccountsreceivable C.decreasingtheinventoryturnoverrate D.collectingaccountsreceivablefaster

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蚁17.AssumethatdividendsofacommonstockwillbemaintainedatDforever,andtherequiredreturnofthestockholderisr,theparvalueofthestockism,thevalueofthestockis()

芁A.mB.m+DC.m+D/rD.D/r 18.Whichofthefollowingitemshasthemostrisk?() A.treasurybillB.corporatebondC.preferredstockD.commonstock 19.()equalsthegrossprofitdividedbynetsalesofafirm. A.grossprofitmarginB.netprofitmarginC.returnoninvestmentD.returnonequity 20.()istheratiosthatmeasureafirm’sabilitytomeetshort-termobligations A.liquidityratiosB.leverageratiosC.coverageratiosD.activityratios 21.Sensitivityanalysishelpsyoudeterminethe:

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