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Business & Financial Forecasting Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

Page 1

Question 1 1. Which of the following is a high forecast if a company ends up selling 10,000 hats?

Question 2 2. What is the ideal financial forecast?

Question 3 3. Which of these is not a type of quantitative forecasting?

Question 4 4.

Which of the following is a case of a low financial forecast?

The company ends up selling 10,000 of its sunglasses.

Question 5 5. If a company has average net assets of $4.5M, average stockholder equity of $3.5M, net income of $465,000, and an EPS of $2.88, what is the organization's ROA?

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Question 6 6. Which type of forecasting is especially suited to short-term events?

Question 7 7. The results of you computing the P/E ratio of a company give you a value of 22.5. What does that mean?

Question 8 8. What is qualitative forecasting?

Question 9 9. Which of the following will introduce errors into a financial forecast?

Question 10 10. In accounting, what is another term for debt?

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Question 11 11. How is a company negatively affected by a low forecast?

Question 12 12. What is quantitative forecasting?

Question 13 13. What type of ratio is return on equity (ROE)?

Question 14 14. What is forecasting?

Question 15 15. Financial ratios often do not mean anything by themselves. In order for a financial ratio to provide meaning, what must it be compared to?

Business & Financial Forecasting Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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