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Past Exam for FIN 101 - Business Finance with Lundblad at Cal State-Sacramento (CSUS)

Exam Information

Material Type:Exam 1
Professor:Lundblad
Class:FIN 101 - Business Finance
Subject:Finance
University:California State University - Sacramento
Term:Fall 2008
Keywords:
  • Turnover Rate
  • Following Transactions
  • Total Asset Turnover
  • Fixed Assets
  • Operating Cash
  • Practice Exam
  • Current Asset
  • Current Ratio
  • Period Costs
  • Shareholders
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Sample Document Text

FIN 101 – Fall 2008 Practice Exam #1 1. The value of an investment after one or more time periods is called the: a. true value. b. future value. c. present value. d. discounted value. e. complex value. 2. The process of adding the interest earned on an investment to the original investment in order to earn more interest is called: a. discounting. b. compounding. c. duplicating. d. multiplying. e. indexing. 3. Compound interest is defined as the interest earned: a. on both the initial principal and all interest earned and reinvested in prior periods. b. on prior reinvested interest payments. c. on the initial amount invested. d. during a one-year period but paid in multiple payments. e. during any one-month period. 4. The current value of future cash flows discounted at the appropriate discount rate is called the: a. simple value. b. future value. c. present value. d. complex value. e. principal value. 5. When you discount money you are: a. agreeing to invest funds at a lo...

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