单选题An accounts receivable aging schedule is best used to（ ）

单选题Consider a $1 million 90-day forward rate agreement based on 60-day London Interbank Offered Rate (LIBOR) with a contract rate of 5 percent. If, at contract expiration, 60-day LIBOR is 6 percent, the short must pay:

单选题ff the marginal benefit of the last unit of a good or service consumed was $25, the marginal benefit of the next unit consumed is most likely to be:

单选题Which of the following statements regarding forward contracts on 90-day T-bills is most accurate?

单选题Low earnings quality NOT result from A. selecting accounting principles that misrepresent the economics of transactions. B. structuring transactions primarily to achieve a desired effect on reported earnings. C. excessive pressure on management and employees to meet internal targets.

单选题The particular portfolio on the efficient frontier that best suits an individual investor is determined by:

单选题Which of the following is the least likely outcome when a monopolist adopts first-degree price discrimination because of customers differing demand elasticities?

单选题Given the following information about a company: Receivables turnover = 10 times Payables turnover = 12 times Inventory turnover = 8 times What are the average receivables collection period, the average payables payment period, and the average inventory processing period respectively? Average Receivables Average Payables Average Inventory Collection Period Payment Period Processing Period ①A. 37 30 52 ②B. 37 45 46 ③C. 37 30 46

单选题The RR Corporation had cash flow from operations of $ 20 million. RR purchased $ 5 million in equipment and sold $ 3 million of equipment during the period. Cash flows from financing were $ 2 million. What is RR' s free cash flow for the period?

单选题According to behavioral finance, observed overreaction in securities markets most likely occurs due to:

单选题Consider a 1-year quarterly-pay $1000000 equity swap based on a fixed rate and an index return. The current fixed rate is 3.0 percent and the index is at 840. Below are the index level at each of the four settlement dates on the swap.

单选题A local loan shark offers 4 for 5 on payday. What it involves is that you borrow $ 4 from him and repay $ 5 on the next payday (one week later). What would the stated annual interest rate be on this loan, with weekly compunding? What is the effective annual interest rate on this loan? Assume 52 weeks in one year, and select the answer closest to your numbers. Stated Interest Rate Effective Interest Rate ①A. 25% 300% ②B. 25% 1300% ③C. 1300% 10947544% A.① B.② C.③

单选题Which of the following is most likely to concern an investor evaluating a corporation's shareowner rights provisions? A. Shareowners may nominate board members. B. Shares held by the founding family have supernormal voting rights. C. To ensure accuracy, company executives tabulate and verify shareowner voting.

单选题Suppose that the one-year forward rate starting one year from now is 6%. Which of the following statements is TRUE under the pure expectations hypothesis? The expected:

单选题Jason Blackwell, CFA, works as an investment manager for Mega Capital, a large multinational brokerage firm. He resides in a country whose applicable law is stricter than the Code and Standards but does business with clients in a country whose applicable law is less strict than the Code and Standards. Blackwell decides to follow the Code and Standards for clients in the less strict country. While Blackwell is still employed at Mega, Lego Associates verbally asks Blackwell to review client portfolios during evenings and weekends for a fee. Blackwell gets consent from his immediate supervisor at Mega to undertake this independent activity for a one - month trial basis. Which of the following statements about Blackwell's actions involving Standard Ⅰ, Professionalism, and Standard IV(A), Loyalty is most accurate? Blackwell: A. did not violate either Standard Ⅰ or Standard Ⅳ (A). B. violated both Standard Ⅰ and Standard Ⅳ (A). C. violated Standard Ⅰ but did not violate Standard Ⅳ (A).

单选题Which of the following statements regarding mutual funds is inaccurate? A. Because closed-end funds are listed on securities exchanges, it is possible to sell shares in such a fund to another investor. B. An investment company sponsoring a mutual fund must give investors a prospectus each month. C. CDA/Weisenberger is an example of a professional advisory report that provides each fund, brief history, investment objectives, statistical history, personnel, sales charges and investment performance.

单选题When computing the cash flows for a capital project, which of the following is least likely to be included?

单选题Suni Kioshi, CFA, is an analyst at Pacific Asset Management, where she covers small-capitalizationcompanies

单选题Which of the following is least likely an automatic stabilizer?

单选题The return in excess of the return on a benchmark, default-free security demanded by investors to compensate them for the risk of buying a risky security is called: