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Total 126 Questions | Updated On: Nov 19, 2024
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Question 1

Below is the income statement and balance sheet for a retail corporation.

CMA-Strategic-Financial-Management-page49-image5
What is the corporation’s return on equity in Year 2? 


Answer: D
Question 2

A co league claims that morality is usually perceived and interpreted differently by different people so there is no method to judge whether one decision is better than another. This is commonly referred to as


Answer: D
Question 3

Alliantz Company, a USA-based manufacturer needs to set up a hedge to protect against dollar exchange rate devaluation. The protection is necessary (or an open balance of $2 478.450 Payment is to be settled in a rare currency 40 days from today excluding transaction fees which investment instrument would be used to provide the best hedge? 


Answer: C
Question 4

Harris Wholesale Grocery Company has gross sales per year of $7 million and grants credit terms to its customers of 2/5. net 15 As a result. 60% of customers pay on the discount date 20% pay on the net due date, and 20% pay on average 10 days after the due date Assuming that sales are uniform throughout the year and using a 360-day year In the calculation what is the approximate annual amount of discount that Hams customers are allowed to take?


Answer: C
Question 5

IF a company does not have a code of conduct, the company most likely 


Answer: A
Page:    1 / 26      
Total 126 Questions | Updated On: Nov 19, 2024
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