DeVry FIN 515Midterm Exam 2
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dfe-midterms
Ongoing, First published Sep 09, 2016
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DeVry FIN 515Midterm Exam 2
 

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1. (TCO G) The firm's asset turnover measures (Points : 10)
the value of assets held per dollar of shareholder equity.
the return the firm has earned on its past investments.
the firm's ability to sell a product for more than the cost of producing it.
how efficiently the firm is utilizing its assets to generate sales.



Question 2.2. (TCO G) If Moon Corporation has an increase in sales, which of the following would result in no change in its EBIT margin? (Points : 10)
A proportional increase in its net income.
A proportional decrease in its EBIT.
A proportional increase in its EBIT.
An increase in its operating expenses.



3. (TCO B) You plan on retiring in 20 years. You currently have $275,000 and think you will need $1,000,000 to retire. Assuming you don't deposit any additional money into the account, what annual return will you need to earn to meet this goal? (Points : 20)
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Wendizzy's Writer Room

2 parts Ongoing

In this book, you'll get a behind the scenes look at how your favorite characters were born, my creative process, and the dirty details never before revealed. Tex's Camp Q&A: Come sit by the fire and ask me whatever you'd like. We can roast marshmallows, tell scary stories, and hang out in the comments like a big, happy family. Gator's Backstage Pass: A place full of secrets. Learn the-sometimes embarrassing-details on how my wildest scenes came to life, facts about the characters, the process, and myself.

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