• Your Answers Will Be Run Through TurnItIn so test for PLAGIARISM.
• Cheating automatically results in an F
Section I: 2 Questions 70 Points
Section II: 3 Questions 30 Points
TOTAL 100 points
This section is worth 70% of your total exam grade.
Each question is worth 35 points.
The following section contains Two (2) questions. Please be sure to indicate clearly which question you are answering.
QUESTION I – THE FINANCIAL MANAGER
Discuss the role of the financial manager within a company. Provide at least three examples of specific areas of responsibility that financial managers have along with a discussion of some specific “tools” financial managers use to accomplish their goals.
QUESTION II – RATIO ANALYSIS
Discuss the various categories of financial ratios used in financial statement analysis. Provide at least two examples of each type of ratio and discuss what the particular ratio tells us about the performance of a company.
This section is worth 30% of your total exam grade.
Each question is worth 10 points.
The following section contains Three (3) questions. Please be sure to indicate clearly which question you are answering.
QUESTION III – FREE CASH FLOW
Free cash flow (FCF) is the basis for determining the value of an investment and this is very much so when determining the value of a company. Explain why we can’t rely on Net Income as the basis for valuing a company and how we start with Net Income from the Income Statement eventually arrive at FCF.
QUESTION IV – ETHICS IN FINANCE
Ethics have been a problematic issue when it comes to business and specifically finance and financial services. Explain why ethics is important to finance and business in general and discuss 2 ethical perspectives a person can apply in assessing what the “right thing” to do is.
QUESTION V– FORMS OF BUSINESS ENTITY
We discussed several different forms of business entity and the advantages and disadvantages of each. CREATE A CHART comparing the advantages and disadvantages of the following types of businesses: sole-proprietorship, general partnership, corporation, limited liability company (LLC).