CMA-Strategic-Financial-Management 試験問題を無料オンラインアクセス

Employee performance review and development systems must be fully aligned with the requirements for ethical conduct Ethical expectations should be included in

• A.compliances, job descriptions and objectives
• B.competencies and job descriptions only
• C.competencies, only
• D.job descriptions only

Southwest Supplies Inc. (SSI) is considering the following two projects with cash-flows discounted at SSI's weighted average cost of capital.

SSI can only afford to invest in one of the projects. Which statement would most likely explain why SSI would choose Project B over project A?

• A.Project B cash-flows are relatively more certain
• B.Project B results in a higher cumulative accounting income
• C.Project B generates significantly more non-cash expenses
• D.Project B cash-flows are to be received sooner

LMN Ltd, a British firm, has a financial covenant with its bank mat interest coverage based on earnings before interest taxes, depreciation, and amortization (EBITDA), must be at least 2.5 for each quarter Shown below are summary financial data.

An expected decline m sales will result In net Income of £ 1.500.000 The other elements of EBITDA will be similar to the most recently completed Quarter Given the above information, what is the ratio for the latest completed quarter and do the forecasted results meet the required covenant?

• A.2.50. and will not be compliant in the next quartet
• B.2.69 and will not be compliant in the next quarter
• C.2.59. and will be compliant in the next quarter
• D.1.31. and will not be compliant in the next quarter

A company currently offers all of its customers trade credit with terms of 1/15 net 45 of the following alternatives which would not Increase the company's average collection period from its current level?

• A.I and II only
• B.III only
• C.Ill and Iv only.
• D.I only.

Accounts receivable turnover increases from 4.0 times to 6.0 times. It all sales are on account when one of the following must decrease?

• A.Sales
• B.Days sales in receivables
• C.Accounts receivable
• D.Cash