Finance: set 2
10 questions. Click an option: a correct answer turns green, a wrong one red, and an explanation appears.
On the balance sheet, current assets are 300 mln soums, of which inventories are 120 mln soums; current liabilities are 150 mln soums. What is the quick ratio ((current assets − inventories) / current liabilities)?
A workshop's monthly fixed costs are 12 000 000 soums. One unit of product sells for 50 000 soums, and its variable cost is 30 000 soums. How many units is the break-even point (the volume with neither profit nor loss)?
The "Shirin non" bakery has annual revenue of 120 mln soums and net profit of 18 mln soums. What is the return on sales (net profit / revenue)?
The nominal annual rate on a deposit is 12%, and interest is added to the deposit at the end of each quarter (4 times a year). What is the effective annual rate (rounded)?
A company took a bank loan of 48 000 000 soums to use for building a new warehouse, at 18% simple interest per year. Construction is in progress. What is one month's interest, and how is it recorded under the table in paragraph 75 of NAS No. 21?
The Barhayot pharmacy chain earned a net profit of 45 mln soums during the year. Average equity is 300 mln soums. What is the return on equity (net profit / average equity × 100%)?
A wholesale firm's balance sheet shows: cash 30 mln soums, short-term investments 10 mln soums, goods 160 mln soums, current liabilities 200 mln soums. What is the absolute liquidity ratio ((cash + short-term investments) / current liabilities)?
The Oltin tola sewing workshop wants to buy a new sewing machine today for 10 000 000 soums. The machine will bring an additional cash flow of 6 600 000 soums at the end of year 1 and 7 260 000 soums at the end of year 2. The discount rate is 10% per year. What is the project's net present value (NPV = sum of discounted inflows − initial investment)?
A furniture factory's capital: equity of 60 mln soum (required rate of return 20%) and debt of 40 mln soum (rate 15%). Ignoring the tax effect, what is the weighted average cost of capital (WACC)?
A property owner rents out a building and expects to receive 3 000 000 soum of net income every year for an indefinitely long time. The required rate of return is 12% per year. What is the present value of the perpetuity (annual payment / rate)?