IMANET CMA-Strategic-Financial-Management

Page:    1 / 23   
Total 114 questions | Updated On: Apr 24, 2024
Question 1

Alliantz Company, a USA-based manufacturer needs to set up a hedge to protect against dollar exchange rate devaluation. The protection is necessary (or an open balance of $2 478.450 Payment is to be settled in a rare currency 40 days from today excluding transaction fees which investment instrument would be used to provide the best hedge? 


Answer: C
Question 2

Studler’s Restaurant is considering a contract to supply the weal senior citizen center with 10,000 meals. Regular sales at regular prices would be unaffected. The food cost for each meal s S3 Additional costs incurred as a result of the contract would De variable overhead of S 50 and variable selling general and administrative costs of S SO per meal sold. The selling price per meal would be $5, A total of $20,000 in fixed costs would be allocated at $2 per meal. The fixed costs are part of an overall total of $500,000 in annual fixed costs incurred regardless of the contract. What will be the effect on pretax income if Studiers takes the special order?


Answer: A
Question 3

Below is the income statement and balance sheet for a retail corporation.

CMA-Strategic-Financial-Management-page49-image5
What is the corporation’s return on equity in Year 2? 


Answer: D
Question 4

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?


Answer: A
Question 5

The best discount rate to the use for evaluate of investment opportunities is the 


Answer: A
Page:    1 / 23   
Total 114 questions | Updated On: Apr 24, 2024

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Name: CMA Part 2 Strategic Financial Management
Exam Code: CMA-Strategic-Financial-Management
Certification: CMA
Vendor: IMANET
Total Questions: 114
Last Updated: Apr 24, 2024