CMA-Strategic-Financial-Management Exam Question 21

Slam-Dunk Shoes has 5,000 pairs or damaged shoes in inventory. The cost of these shoes was $51,000. in their present condition, the shoes may be sold at clearance prices for $29,000 Slam-Dunk can have the shoes repaired at a cost of $77,000 after which they can be sold for $100,000. What is the opportunity cost of selling the shoes in their present damaged condition?
  • CMA-Strategic-Financial-Management Exam Question 22

    A capital budgeting analysis involves an initial investment of $500. The expected cash inflow in Year 1 is
    $300, and the expected cash inflow in Year 2 is $350. Which one of the following equations can get the correct internal rate of return (IRR) of this project?
  • CMA-Strategic-Financial-Management Exam Question 23

    Your organization is considering implementing an Enterprise Risk Management process. You expect to obtain many benefits from this process. Which of the following is not an expected Benefit?
  • CMA-Strategic-Financial-Management Exam Question 24

    A corporation shows the following on its financial statements (in millions).

    The corporation has a financial leverage ratio of
  • CMA-Strategic-Financial-Management Exam Question 25

    A corporation's board of directors has just declared its next regular quarterly cash dividend. The record date for this dividend will occur