Question: Test Content Question 1 10 Points The Accumulated Wealth each quarter is based on: CA) The current value of one share of stock. The value




Test Content Question 1 10 Points The Accumulated Wealth each quarter is based on: CA) The current value of one share of stock. The value of all per share cash dividends distributed from quarter 1 in the game. The current value of one share of stock plus the value of all per share cash dividends distributed from quarter 1 in the game, plus a market rate of interest on all previous dividends and interest on the prior dividends. ([9 None of the above. Question 2 10 Points Production each quarter is limited by: G) The units forecast for the next quarter. The plant capacity for the next quarter. The machine capacity for the next quarter. The lesser of plant or machine capacity for the next quarter. Question 3 Revenue is generated by: G) Unit Sales only. Short Term investments only. Unit Sales and Short Term investments only. Unit Sales, Short Term investments and the issuance of Common Stock only. Question 4 Plant Units purchased becomes usable: During the next quarter. Two quarters after it is purchased. (9 Immediately. Three quarters after it is purchased. Question 5 10 Points Machine Units purchased becomes usable: A During the next quarter. Two quarters after it is purchased. Immediately. D Three quarters after it is purchased. Question 6 10 Points If the marketable securities balance is insufficient to cover the cash shortage, a penalty loan equal to the remaining cash shortage is automatically advanced. A True B False Question 7 10 Points Warehouse fees are charged on beginning inventories on a per-unit basis. A True B FalseThe rms in the game do not interact: that is, the decisions and the performance position of any one rm do not affect any other rm. Machinery has an eightquarter useful life. Question 10 A set of proforma [or budgeted} financial statements is constructed solely from historical state menE
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
