公司理财选择1.doc

第一章 1.An most important job of the financial manager is to __________. A. raise funds B. prepare financial statements C. create value D. pay dividends 2.Debt and equity securities are __________ on the value of the firm. A. contingent claims B. a burden C. an enhancement D. fixed claims 3.The decision regarding which fixed assets to buy is called the __________ decision. A. financing B. working capital C. capital structure D. capital budgeting 4.A business owned by a single person is a __________. A. sole proprietorship B. partnership C. small company D. independent contractor 5.Corporations have advantages over proprietorships and partnerships because of the __________. A. tax free status B. separation of ownership from management C. unlimited liability D. reduced reporting requirements 6.The primary goal of the corporation is maximization of __________. A. profits B. sales growth C. goodwill D. shareholder wealth 7.Because management goals may conflict with shareholder goals, __________ are said to exist. A. synergies B. agency problems C. growth opportunities D. contingent claims 8.The New York Stock Exchange is an example of a secondary market which functions as a(n) __________ market. A. over-the-counter B. dealer C. continuous D. auction 9.When a security is first offered to the public, it is said to be trading in the _________ market. Later, it trades in the __________ market. A. primary; secondary B. secondary; primary C. over-the-counter; auction D. dealer; auction 答案：1、C 2、A 3、D 4、A 5、B 6、D 7、B 8、D 9、A 第二章 1.The Apricot Company in 2010 had notes payable of $1,200, accounts payable of $2,400, and long-term debt of $3,000. The corresponding entries for 2011 are $1,600, $2,000, and $2,800. For assets, Apricot had in 2010 $800 in cash, $400 in marketable securities, and $1,800 of inventory. The corresponding entries for 2011 are $500, $300, and $2,000. Accounts receivable at the end of 2010 were $900 and $800 at the end of 2011. Apricot’s net