Question $1($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Trades are a common means of acquiring players in international football.

Question $1$ options:

True

False

Question $2($Mandatory$)(0\mathrm{.}5$ points$)$

Listen

Bulldog Gyms, Inc. is looking to expand and has approached a local bank for a loan. What two ratios would be most important for the bank to consider?

Select $2$ correct answer$($s$)$

Question $2$ options:

Interest coverage

Inventory Turnover

ROE

Quick

Current

Debt

Question $3($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Exchange rates are important to financial decisions in international sport.

Question $3$ options:

True

False

Question $4(0\mathrm{.}25$ points$)$

Listen

The most accurate method of depreciation is:

Question $4$ options:

Double declining

Units$-$of$-$production

Sum$-$of$-$years$-$digits

Straight line

Question $5($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Promoted teams often face requirements regarding the quality of their facilities.

Question $5$ options:

True

False

Question $6($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Age, income, and spending by local residents can be used to most directly calculate:

Question $6$ options:

Ticket demand

Per capita income

Total revenues

Demand

Question $7($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Estimating the value of a franchise using price$-$to$-$revenue ratios and price$-$to$-$earnings rations should yield the same results.

Question $7$ options:

True

False

Question $8($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Parachute payments are a means of offsetting the negative financial effects of:

Question $8$ options:

Low attendance

Luxury tax

Relegation

Missing the playoffs

Question $9($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Carey is looking to sell part of her equity in a national gym to Makeda who she knows from college. This transaction is at arm's length.

Question $9$ options:

True

False

Question $10($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Luxury tax and the salary cap are the same thing.

Question $10$ options:

True

False

Question $11($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Closed leagues are more likely to have multiple competitions.

Question $11$ options:

True

False

Question $12($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Athletic departments use endowed funds for a number of purposes. Which of the following is NOT one of those purposes?

Question $12$ options:

Program$-$specific support

Department operating expenses

Coaching salaries

Scholarships

Question $13($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Revenues flow directly from the NCAA to member institutions.

Question $13$ options:

True

False

Question $14($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Revenue sharing is consistent across leagues.

Question $14$ options:

True

False

Question $15($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Among other things, community sport and recreation departments:

Question $15$ options:

Are expected to provide a multitude of affordable programs

Need only focus on one or two successful programs

Are not revenue$-$generating

Must operate as subsidies of the local government

Question $16($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

The continuous building of bigger and better facilities for the sole purpose of landing key recruits is known as the:

Question $16$ options:

Arms race

Centenary expansion

Power $5$ Adjustment

Emmert Regulations

Question $17($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

The most important sponsorship revenue source for a sport facility is:

Question $17$ options:

Luxury seating

Advertising

Naming rights

Concessions

Question $18($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Large$-$market teams have an advantage over their smaller counterparts in regard to:

Question $18$ options:

Salary caps

Local media rights

Merchandise sales

Luxury seating

Question $19(1\mathrm{.}5$ points$)$

Listen

Question $19$ options:

Mary is considering two endorsement contracts.

Contract A will pay $$2\mathrm{.}5$m per year for $5$ years.

Contract B will pay $$3$m per year for $4$ years.

The discount rate is $7\%.$ Please include dollar signs, commas, and decimal points.

What is the real value of contract A$?$

What is the real value of Contract B$?$

Which contract should Mary accept?

Question $20($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

There are standard forms for reporting revenues to the NCAA.

Question $20$ options:

True

False

Question $21($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Due to their other assets, it is reasonable to think Harris Blitzer could pay a synergistic premium for the Washington Commanders.

Question $21$ options:

True

False

Question $22($Mandatory$)(0\mathrm{.}25$ points$)$

Listen

Which league has salary arbitration for players?

Question $22$ options:

NBA

MLS

MLB

NFL

Question $23(2\mathrm{.}5$ points$)$

Listen

Question $23$ options:

Please use the file entitled "Final Exam Economic Impact Data" to answer the following ques