Easy Principles of Finance Practice Questions

181 free easy-difficulty Principles of Finance questions, drawn live from KomFi's calibrated bank. Build the foundation first: these test the core mechanics every harder question assumes.

  1. According to the Net Present Value criterion, which project should be chosen?
  2. Calculate the 'Profitability Index' for a project with an initial cost of 200,000 and a present value of futur
  3. If the required rate of return is 10%, what is the Net Present Value (NPV)?
  4. Which type of 'real option' is being exercised when a pharmaceutical company decides to build a full-scale man
  5. Calculate the Enterprise Value (EV) for a company with the following data: Market Capitalization of $1,500M, T
  6. What is the Multiple of Invested Capital (MOIC)?
  7. A financial sponsor is evaluating a Leveraged Buyout (LBO) of a manufacturing firm. The primary mechanism thro
  8. Which of the following scenarios best describes 'Capital Rationing' where the use of the profitability index i
  9. A manager says: 'Project X is better because it pays for its… — Why is this reasoning dangerous in capital bud
  10. A project costs 100 today and has inflows worth 115 today. What is its NPV?
  11. What important finance principle does simple payback ignore?
  12. A project costs 120 and returns 30 each year. What is its simple payback period?
  13. Present-value inflows are 110 and present-value outflows are 100. What is the profitability index?
  14. Two mutually exclusive projects conflict: one has shorter payback, while the other has higher positive NPV. Wh
  15. Project A pays back in two years but has NPV of −5. Project B pays back in three years and has NPV of 8. Which
  16. What is operating cash flow for a project?
  17. What is an opportunity cost in project analysis?
  18. Should a feasibility study paid for last year be included as a new project cash outflow today?
  19. Annual depreciation is $10,000 and the tax rate is 25%. What is the annual depreciation tax shield?
  20. A machine costs 80,000 and installation costs 5,000. Ignoring offsets, what initial equipment outlay should be
  21. A new product reduces an existing product’s annual cash flow by $8,000. How should project analysis treat the
  22. What is its Degree of Financial Leverage (DFL)?
  23. What is the insurer's Combined Ratio, and what does it indicate about their underwriting profitability?
  24. Why is EV/EBITDA often preferred over the P/E ratio when comparing companies with different capital structures
  25. According to the 'Lintner Model' of dividend setting, how do firms typically adjust their dividend payouts?
  26. Why do practitioners typically prefer Enterprise Value (EV) multiples like EV/EBITDA over Equity multiples lik
  27. If the deal is financed 100% with stock and there are no synergies, how will the acquirer's Earnings Per Share
  28. If the company pays $60 million in dividends, what is the 'Retention Ratio' (b)?
  29. Assuming no synergies and no deal costs, how will the acquirer's Earnings Per Share (EPS) likely change immedi
  30. According to the Pecking Order Theory, how would a profitable firm with significant internal cash flow typical

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