The final is 42 multiple choice questions of which you will need to answer 33. You get to choose which 33 you answer. The subject matter listed below will help you tremendously to prepare for the final. NOTE: I will only grade the first 33 questions answered. For example if you answer all 42 I will stop grading at question 33.
Understand the pros and cons of maximizing profit as a manager’s goal
Know what working capital management is and what it deals with
Understand the goal of financial management
Have a basic understanding of the financial ratios and what they measure
Know how to calculate return on assets, debt to equity, and times interest earned.
Know and understand the concepts associated with an annuity.
Know how to make calculations involving compounding interest.
Know how to use your calculator to calculate PV.
Know how to calculate the price of a bond.
Know and understand the concepts of unsecured bonds.
Know and understand the characteristics of the NYSE.
Know how to calculate the price of a stock involving dividends and required return
Know and understand the concepts of diversification
Know how to calculate expected return if given the beta, risk free and risk premium.
Know how to determine the payback period for a project.
Know how to calculate the NPV for a project.
Know how to determine the profitability of a project.
Know how to calculate the WACC.
Know how to calculate cost of equity.