TEST SELECTIVIDAD 304.- Created by Antonio Ginés

The amortization is:
1. The accounting expression of the depreciation of certain types of assets
2. The money destined to cancel credits
3. A source of external funding
The average maturation period of the company is:
1. The time that elapses from when a loan is requested until it's repaid
2. The average time that the operating cycle last
3. The time it takes to renew the non-current assets
The working capital:
1. Both of the other answers are false
2. It informs us about the part of current assets that is financed with long term funds
3. It constitutes the maximum debt marging that a company can reach
From a financial point of view, a capital increase is:
1. An expansion of the production machines and equipment owned by the company
2. A bond issue made by the company
3. A source of own funding
The difference between the issue price and the nominal value of the shares is called:
1. Conversion premium
2. Reimbursement premium
3. Issue premium
The negative working capital represents:
1. That current liabilities are greater than current assets
2. That equity plus liabilities exceed assets
3. A normal situation in the financial structure
What are the titles called bonds?
1. Each of the parts into which the capital of a loan is divided
2. The obligations that the employer has to serve his clients
3. The debts that the employer has
Which of the following investment valutation criteria is expressed in units of time?
1. The Internal Rate of Return
2. The Recovery Period
3. The Net Present Value
In the constitution of a Public Limited Company:
1. Contributions must necessarily be in money
2. The capital must be full paid up in its constitution
3. It must be registered in the Mercantile Registry compulsorily
In Public Limited Companies:
1. The partners have preferential subscription rights in capital increases
2. The partners are personally and unlimited liable for corporate debts
3. The capital is divided into social bonds
The Net Present Value of an investment is:
1. The present value for which an investment can be sold
2. The difference between the present value of the net cash flows generated by the investment and the initial outlay
3. The price it costs the entrepreneur to acquire an investment
For a bank or savings bank, the opening of a savings account by a client is:
1. A mediation operation
2. A passive operation
3. An active operation
The preferential right to subscribe for shares is justified by:
1. The obligation of the company to notarize the new shares
2. The need to guarantee the right to dividend of the new partners
3. The loss of value that shares experience after a capital increase
Within the maintenance financing we find:
1. Amortizations
2. The debts that the company has with the suppliers of productive factors
3. Long-term bank loans
Leasing is an operation of:
1. Collections management
2. Financial leasing
3. Effect discount
The share issue premium is called the difference between:
1. Conversion value and face value
2. The issue price and the nominal price
3. The redemption price and the face value
What is the meanig of the technical depreciation of an asset?
1. The purchase of fixed assets in installments
2. The return of the money that they have lent us to buy said fixed assets
3. The estimate of the depreciation of fixed assets
What is an issuance of bonds?
1. A source of external financing consisting of the issuance of bonds
2. A bank loan
3. A loan that the employer makes to the company
The average maturation period of the company is:
1. The time it takes to renew the company's non-current assets
2. The average time that the operating cycle lasts
3. The average useful life of the company's tangible assets
In several alternative investment projects, we would invest in one that:
1. Its NPV was lower
2. Its NPV was zero
3. Its NPV was higher
The external sources of financing are made up of:
1. Debts with third parties that the company had to face
2. Collection rights in favor of the company
3. Undistributed reserves and profits
The stock market price is:
1. The value at which the shares are issued at the time of incorporation
2. The value at which the shares are bought or sold on the stock market
3. The theoretical value of the share according to the company's Balance Sheet
What is NPV?
1. It's the recovery time of the investment made
2. It's the discount rate that makes the net present value equal to zero
3. It's the difference between the initial disbursement and the sum of the updated net cash flows
Commercial credit is a source of financing:
1. Third-party and short term
2. Own and long term
3. Third-party and long term
Companies are interested in the average maturation period being:
1. It's indifferent
2. As little as possible
3. As much as possible