Wgu :: C708 :: Principles Of Finance 67 Correctly Answered Questions Latest Update

65. What describes an ideal criterion for the method used to evaluate a capital investment project? A. The method must account for the time value of money B. The method must consider sales off previous products as a benchmark C. The method must account for the success of previous projects D. The method must consider only the cash flows of the payback period off the investment {Ans: A. The method must account for the time value of money}30. Which type of data is collected by observing many subjects at the same point in time? A. Judgmental B. Cross-sectional C. Time series D. Longitudinal {Ans: B. Cross-sectional}58. Which category of risk describes the likelihood that a bond's current value will decrease commensurate with a general rise in market interest rates? A. Default risk B. Tax risk C. Reinvestment risk D. Price risk {Ans: D. Price risk}33. A firm has projected assets to be $22 million, liabilities to be $11 million, and owner's equity to be $3 million. What is the discretionary financing need? A. $18 million B. $33 million C. $11 million D. $8 million {Ans: D. $8 million}37. Which type of loan interest is calculated on