Article Source: Student Examination Station Author: Published on April 22, 2006
Program code: 00067
First, multiple-choice questions (20 small questions in this big question, 65438+ 0 points for each small question, 20 points * * *)
Only one of the four options listed in each question is required by the symbol question. Please fill in the code in brackets after the title.
Wrong selection, multiple selection or no selection will not be scored.
1. The real source of the time value of funds is ()
A. Surplus value created by workers B. Reward for giving up liquidity preference
C. Sacrificing the return of current consumption D. Discounting the time difference of value
2. The capital market is divided into () according to its transaction nature.
A. foreign exchange market and gold market, money market and capital market
C. Securities market and lending market D. Primary market and secondary market
3. Among the following financing methods, the one that belongs to the enterprise's own fund financing method is ().
A. issuing bonds B. issuing stocks C. financing lease D. bank loans
4. Among the following settlement methods, () is only applicable to settlement in different places.
A. collection and acceptance B. entrusted collection C. check D. remittance
5. On the premise that the total amount of purchased materials remains unchanged, the original economic purchase batch is determined from the perspective of reducing the storage cost.
It is ()
A. increase purchase batches and decrease purchase quantity. B. decrease purchase batches and increase purchase quantity.
C. increase the purchase batch and increase the purchase quantity. D. reduce the purchase batch and reduce the purchase quantity.
6. According to the provisions of the enterprise financial system, all the fixed assets of the enterprise, excluding the depreciation of fixed assets is ().
A. Houses and buildings B. Equipment out of use in the current season
C.d. Equipment leased by way of operating lease
7. Of the following statements about net present value, the correct one is ()
Net present value refers to the difference between the total present value of future remuneration and the present value of investment.
B. net present value is the only indicator reflecting unit investment.
C when the net present value is greater than zero, the profitability index is less than 1.
D when the net present value is less than zero, the investment scheme is feasible.
8. In enterprise merger and investment, the merger of enterprises in the same industry that produce or operate the same product is ()
A. Horizontal merger
C. Mixed mergers D. Joint mergers
9. The yield of the old bonds circulating in the market from the purchase date to the final repayment period is ().
A. coupon yield B. final actual yield
C. yield to maturity D. Rate of return during the holding period
10. The basic annual dividend of a company's common stock is 2 yuan per share, and the expected annual dividend growth rate is 4%. If the expected rate of return of the enterprise is 12%, the intrinsic value of common stock is ().
A. 17.33 yuan B.25 yuan
52 yuan, 26 yuan
1 1. The following are the operating costs of commodity circulation enterprises ()
A. Handling fees of banks and financial institutions B. Bad debt losses
C. Commodity purchase price D. Inventory deficit
12. The target cost decomposition method applicable to all industrial enterprises is ().
A. decompose according to product structure B. decompose according to product manufacturing process.
C. Decomposition by product value composition D. Decomposition by economic use of product cost
13. In the process of product production, () can be used as a cost control standard.
A. Target cost B. Planned indicators
C. Consumption quota D. Cost budget
14. Among the following items, the item that belongs to non-operating expenditure is ()
A. Net loss due to inventory loss of fixed assets B. Major repair costs
C. Loss of foreign investment D. Advertising expenses
15. When making an enterprise sales revenue plan, the method that can be used to predict product sales revenue is ().
A. Correlation ratio method B. Factor measurement method
C. Time series method D. Addition analysis method
16. Foreign exchange rates can be classified from different angles, among which, foreign exchange rates are divided into ()
A. basic exchange rate and arbitrage exchange rate B. buying exchange rate, selling exchange rate and intermediate exchange rate
C. telegraphic transfer exchange rate, letter exchange rate and bill exchange rate D. spot exchange rate and forward exchange rate
17. The people's court shall, in accordance with relevant laws and regulations, organize a liquidation institution to liquidate the enterprise.
A.b. Administrative liquidation
C.d. bankruptcy liquidation
18. When the enterprise is liquidated, it is ()
A. Secured debt B. Common stock
C. Preferred stock D. Unsecured debt
19. Among the following items, the liquidation income of the enterprise is ()&; niobium (Nb)
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A. Salaries of personnel of the liquidation organization
C. Irrecoverable claims D. Unsecured debts
20. When calculating the quick ratio, the inventory part should be deducted from the current assets. The main reason for this situation is ().
A. the value of inventory is relatively high. B. the quality of inventory is unstable.
C. Poor inventory liquidity D. Uncertain future sales of inventory
Second, multiple-choice questions (this big question * * 10 small questions, 2 points for each small question, ***20 points)
Of the five options listed in each question, two to five meet the requirements of the topic. Please fill in the code in the brackets after the title. It doesn't matter if you choose wrong, choose more, choose less or choose none.
2 1. Compared with issuing bonds, the main feature of using bank loans to raise funds is ().
A. it takes a short time to get a loan. The interest on the loan is very low.
C. Need to pay higher distribution costs D. Not flexible
E. A lot of funds can be raised.
22. The characteristics of fixed assets are ()
A. the occupation pattern of fixed assets is variable.
B. the occupancy of fixed assets fluctuates.
C. the fixed asset cycle is consistent with the production and operation cycle.
D. The dual existence of the use value of fixed assets
E. concentration of investment in fixed assets and dispersion of recovery
23. The factor that determines the payback period of fixed assets investment is ().
A. Total investment B. Annual depreciation
C. Annual income D. Annual new profits
E. Annual gross output value
24. The classification methods of fixed assets mainly include ()
A. Classification of economic use of fixed assets B. Classification of value of fixed assets
C. Classification according to the purpose of fixed assets D. Classification according to the relationship of fixed assets.
E. Classification by fixed asset life
25. The forms of foreign direct investment of enterprises are ()
A. Joint venture investment B. Merger investment
C. Overseas investment D. Bond investment
E. stock investment
26. The main difference between stock investment and bond investment is ().
A. the investment risk of stock investment is smaller than that of bond investment.
B. the return on stock investment is more unstable than that on bond investment.
C. the price fluctuation of stock investment is greater than that of bond investment.
D. When an enterprise goes bankrupt, stock investors have priority over bond investors.
E. stock investors have the right to participate in the operation and management of the company.
27. The production and operation expenses can be divided into () according to the method included in the product cost.
A. Variable cost B. Fixed cost
C. Direct costs D. Indirect costs
E. controllable cost
28. Sales revenue of enterprises includes product sales revenue and other sales revenue. The following items belong to other sales revenue ().
A. Income from sales of purchased goods by enterprises B. Income from sales of self-made semi-finished products by enterprises
C. Rental income of fixed assets D. Transfer income of intangible assets
E. Income from industrial services provided by enterprises
29. According to the provisions of China's current foreign exchange management system, foreign exchange funds that cannot be settled and opened in cash accounts at designated foreign exchange banks are ().
A. foreign exchange of foreign-invested enterprises
B. Foreign exchange remitted by overseas legal persons or natural persons as investment
C. foreign exchange of foreign donations, grants and aid income
D. winning foreign exchange in international bidding under overseas loans
E. foreign exchange obtained from overseas borrowing
30. In the process of liquidation, the secured property of the liquidation enterprise needs to be evaluated and realized ().
A. Property in the form of deposit B. Mortgaged property deposited with the debtor
C. Mortgaged property deposited with creditors
E. Property retained with creditors
Three, short answer questions (this big question ***4 small questions, 3 1 question 4 points, 32, 33 questions 5 points each, 34 questions 6 points, ***20 points)
3 1. Briefly describe the advantages of maximizing the profit rate of equity capital as the financial management goal of enterprises.
32. What are the risks of foreign investment? Briefly describe the main risks of foreign investment.
33. Briefly describe the significance of cost forecasting and its working procedures.
34. List the main methods of financial analysis and briefly describe their meanings.
Fourth, calculation questions (this big question is ***4 small questions, 35 and 36 questions are 5 points each, 37 and 38 questions are 10, and ***30 points each).
In order to expand the production capacity, Great Wall Electronic Instrument Factory plans to purchase a set of production equipment in early 2000. There are two kinds of equipment, A and B.
***3 pages: 2 pages
To choose from. The price of equipment A is higher than that of equipment B 1 million yuan, but the maintenance cost of equipment A at the end of each year can save 200,000 yuan during its service life. Assume that equipment A and equipment B have no construction period (they can be used after purchase), and the service life of both equipment is 6 years, and there is no residual value after the service life.
Requirements: What kind of equipment should Great Wall Electronic Instrument Factory choose when the annual compound interest is 8%? (You need to calculate and write a conclusion)
(FVI**8%，6 = 7.366； PVI**8%，6 = 4.623； FVIF8%，6 = 1.587； PVIF8%，6=0.630)
36. In the case of simple interest loan, an enterprise borrows 2 million yuan from the bank with an annual interest rate of 12%, and the bank requires the enterprise to keep the compensation balance at 10% of the loan amount.
Requirements: (1) Calculate the actual annual interest rate of the loan.
(2) Calculate the loans that enterprises can actually use.
(Two decimal places are reserved for the calculation result)
37. The sales income of a bedding factory in 2004 was 500,000 yuan, of which 400,000 yuan was purchased by newlyweds. According to market research and analysis, the number of newly married couples is expected to reach 500 in 2005, and each newly married couple will buy 2000 yuan of bedding on average. If the price of each bed is 2000 yuan in 2005, the variable cost of each bed is 1200 yuan, and the fixed cost of the enterprise is 100000 yuan, ignoring the tax of the enterprise.
Requirements: (1) Use causal analysis to predict the sales volume of bedding factory in 2005.
(2) Calculate the guaranteed sales of bedding factory in 2005.
(3) According to the predicted sales in 2005, calculate the achievable profit target of the bed and furniture factory in 2005.
38. In 2003, the net income of an enterprise on credit sales was 4.8 million yuan, the product sales cost was 6.5438+0.3725 million yuan, and the turnover times of accounts receivable were 6 times. At the beginning of 2003, the current assets of the enterprise were 6,543,800 yuan, the current ratio was 2 and the quick ratio was 654.38+0. At the end of 2003, the current debt was 500,000 yuan, the current ratio was 65,438+0.9, and the quick ratio was 65,438+0.65,438+0.
Requirements: (1) Calculate the average amount of accounts receivable occupied by this enterprise in 2003.
(2) Calculate the inventory turnover times of the enterprise.
(Assume that the current assets of an enterprise only include monetary funds, short-term investments, accounts receivable and inventories. )
Verb (abbreviation of verb) essay question (this question 10 score)
39. Please describe the significance and requirements of liquidity management.
***3 pages: 3