Try IMA : CMA-Strategic-Financial-Management valid & accurate questions and answers

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

• A. before the ex-dividend date and after the payment date
• B. before the ex-dividend date and before the payment date
• C. before the payment date and after the ex-dividend date
• D. after the ex-dividend date and after the payment date

A company can by identical raw materials from four suppliers. Each supplier offers a different term of sale.
Which one of the following terms of sale has the highest effective annual interest rate if the company does not take the cash discount?

• A. 1/30, net 90
• B. 1/30 net 45
• C. 1/10, net 90
• D. 1/10, net 45

Genco Healthcare has asked ns controller to summarize the company's financial performance for the past two years. The accountant provided the following two years financial ratios for reference.

• A. More liquid, less profitable mote solvent
• B. Less liquid mote profitable less solvent
• C. More Liquid Less profitable less solvent
• D. Less liquid mote profitable more solvent

A company had an operating cycle of 110 days, a cash cycle of 40 days, and an accounts receivable period of so days. The company s inventory period and accounts payable period are

• A. inventory period = 70 flays and accounts payable period = 50 flays
• B. inventory period = 10 days and accounts payable period = 50 days
• C. inventory period = 50 days ana accounts payable period - 150 flays
• D. inventory period = 50 days and accounts payable period = 70 days

Explain me concept of relevant cost in the season-making process and discuss whatever the €200, 000 course development coil is relevant to OLi's price decisions in future years Essay Online Learning Inc. lOLI) is a privately-held company based in the IUC that specializes in providing online courses in English as a Second Language (ESL). OLI is trying to set up a new sales office in a foreign country.
It needs a business license to operate in that country. The license normally lakes six months to obtain. An official of that country said that he could expedite the process for a fee of €300.
OLI estimates the new sales office can bring €300,000 incremental profit annually OLI has just launched a new online 40-houi course to help adult ESL learners master basic business English. The price of the new course is €500 per student, the variable cost is €300 per student, and the total fixed cost of the new course is €300.000 per year OLI spent €200.000 to develop the new course before launching it.
There are many online course providers in the marketplace, and each has its own feature However, OLI's highly qualified staff and good reputation have enabled it to charge a premium price compared to its major competitors.
Recent market research indicates that if OLI raises the price of its new business English course by 10V the student enrollment would decrease by 5V A regional airlines company in Asia has approached OLI and offered to enroll 1.000 of its employees in the new course if OLI would agree to a special price of €350 per employee If OLI accepts this offer, an additional €10,000 onetime cost would be required to temporally expand its capacity to accommodate the new students.