참고: Fast2test에서 Google Drive로 공유하는 무료, 최신 Financial-Management 시험 문제집이 있습니다: https://drive.google.com/open?id=1_vwg9InjWV76hyN5ib0UdgIrETCtYyxT
WGU Financial-Management인증시험도 어려울 뿐만 아니라 신청 또한 어렵습니다.WGU Financial-Management시험은 IT업계에서도 권위가 있고 직위가 있으신 분들이 응시할 수 있는 시험이라고 알고 있습니다. 우리 Fast2test에서는WGU Financial-Management관련 학습가이드를 제동합니다. Fast2test 는 우리만의IT전문가들이 만들어낸WGU Financial-Management관련 최신, 최고의 자료와 학습가이드를 준비하고 있습니다. 여러분의 편리하게WGU Financial-Management응시하는데 많은 도움이 될 것입니다.
| Section | Objectives |
|---|---|
| Topic 1: Financial Statement Analysis | - Cash flow analysis - Balance sheet and income statement interpretation - Financial ratios |
| Topic 2: Risk and Return | - Expected return - Portfolio risk and diversification |
| Topic 3: Capital Budgeting | - Net present value (NPV) - Payback period analysis - Internal rate of return (IRR) |
| Topic 4: Cost of Capital and Valuation | - Weighted average cost of capital (WACC) - Bond and stock valuation basics |
| Topic 5: Time Value of Money | - Annuities and perpetuities - Present and future value calculations |
>> Financial-Management최신버전 인기 시험자료 <<
Fast2test의 WGU인증 Financial-Management덤프의 무료샘플을 이미 체험해보셨죠? Fast2test의 WGU인증 Financial-Management덤프에 단번에 신뢰가 생겨 남은 문제도 공부해보고 싶지 않나요? Fast2test는 고객님들의 시험부담을 덜어드리기 위해 가벼운 가격으로 덤프를 제공해드립니다. Fast2test의 WGU인증 Financial-Management로 시험패스하다 더욱 넓고 좋은곳으로 고고싱 하세요.
질문 # 43
What is a consequence of a firm having a longer cash cycle?
정답：B
설명：
A longer cash cycle means that more time passes between when a firm pays cash for inventory or production inputs and when it receives cash from customers. As this cycle lengthens, more funds are tied up in operations for a longer period. This increases the firm's need to hold cash or obtain short-term financing to support day- to-day activities. For example, if inventory sits longer before being sold or if customers take longer to pay, the firm must continue covering payroll, suppliers, and other operating expenses while waiting to recover cash.
Financial management views the cash conversion cycle as a critical working capital measure because it directly affects liquidity needs, financing cost, and operational risk. Choice C is correct because a longer cycle usually requires greater operating cash support. Choice A is incorrect because longer cycles typically reduce liquidity pressure only if financing is abundant, which is not the normal interpretation. Choice B is incorrect because a longer cash cycle does not automatically raise profits. Choice D is the opposite of the correct relationship. Therefore, C is the best answer because longer operating cycles increase the amount of cash a firm must keep available for operations.
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질문 # 44
What is the earnings yield of a stock with earnings per share (EPS) of $2 and a market price of $40?
정답：D
설명：
Earnings yield measures the earnings generated by a stock relative to its current market price. It is calculated as Earnings per Share divided by Market Price per Share. In this question, the stock has EPS of $2 and a market price of $40, so the earnings yield is $2 ÷ $40 = 0.05, or 5%. This makes answer A correct. Earnings yield is closely related to the price-earnings ratio because it is effectively the inverse of the P/E ratio. If a stock has a high P/E ratio, its earnings yield will be low, and vice versa. Financial analysts use earnings yield to compare the income-generating power of stocks and to assess whether a stock appears relatively expensive or inexpensive compared with alternatives such as bonds or other equities. However, earnings yield should not be used alone because earnings can be temporary, manipulated by accounting choices, or affected by unusual items. From a financial management standpoint, it is one of several valuation tools that helps investors judge expected return relative to price. Therefore, 5% is the correct result and A is the correct answer.
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질문 # 45
In the statement of cash flows, how should an increase in accounts receivable be treated when calculating cash collected from customers?
정답：D
설명：
When calculating cash collected from customers, an increase in accounts receivable must be subtracted from revenue. This is because revenue includes both cash sales and credit sales, but cash collected reflects only the amount actually received during the period. If accounts receivable increased, it means some portion of reported sales has not yet been collected in cash. Therefore, that increase must be deducted to convert accrual- based revenue into a cash basis amount. The general relationship is: Cash Collected from Customers = Sales Revenue # Increase in Accounts Receivable, assuming no other unusual adjustments. This treatment is important in preparing or interpreting the operating section of the statement of cash flows, especially under the direct method. Financial management relies on this distinction because firms may appear profitable on the income statement while still facing liquidity pressure if collections are slow. The other answer choices are incorrect because accounts receivable relates to sales revenue, not cost of goods sold. Therefore, A is the correct answer because subtracting the increase in receivables properly adjusts reported revenue to the actual cash collected from customers during the accounting period.
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질문 # 46
According to the capital asset pricing model (CAPM), how is a stock with a beta of 1.0 expected to perform relative to the market?
정답：D
설명：
A beta of 1.0 indicates that a stock has the same level of systematic risk as the market portfolio. Under CAPM assumptions, such a stock is expected to move proportionally with the market-rising and falling by similar percentages in response to market-wide changes. Consequently, its expected return equals the market return. This does not imply identical realized performance in every period, but rather equivalence in expected risk-adjusted performance over time. Financial managers use this benchmark to classify stocks as aggressive (beta > 1), defensive (beta < 1), or market-matching (beta =
1). Option B correctly reflects this CAPM interpretation.
질문 # 47
Alliah Company produces vaccines at its pharmaceutical facility near a river. It is considering expanding its operations by building a second facility next to the first. The company holds a public hearing to discuss an extra investment it will make to minimize pollution and keep the river clean and thriving for the native wildlife.
How does this effort support the overall goal of the firm?
정답：D
설명：
The firm's overarching financial objective is typically framed as maximizing long-term shareholder value, not just short-term profits. Actions that reduce environmental harm can support this objective by lowering the probability of costly future liabilities (fines, cleanup costs, lawsuits), reducing regulatory risk, and protecting the firm's "license to operate" granted by the community and government. In financial management terms, managers consider not only immediate cash outflows (the pollution-control investment) but also the present value of avoided future cash outflows and the stability of future cash inflows. A public hearing also reflects stakeholder orientation: communities, regulators, customers, and employees affect the firm's risk profile and operating continuity. Protecting the river can strengthen corporate reputation, reduce political and legal pressure, and improve long- run competitive position-all of which can raise the expected future free cash flows or lower the firm's perceived risk (and therefore its required return). Option C best captures the standard finance view that ethical and socially responsible decisions can align with value maximization when they manage risk and support sustainable, long-term performance.
질문 # 48
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Fast2test의 WGU인증 Financial-Management덤프의 무료샘플을 이미 체험해보셨죠? Fast2test의 WGU인증 Financial-Management덤프에 단번에 신뢰가 생겨 남은 문제도 공부해보고 싶지 않나요? Fast2test는 고객님들의 시험부담을 덜어드리기 위해 가벼운 가격으로 덤프를 제공해드립니다. Fast2test의 WGU인증 Financial-Management로 시험패스하다 더욱 넓고 좋은곳으로 고고싱 하세요.
Financial-Management인증덤프공부: https://kr.fast2test.com/Financial-Management-premium-file.html
참고: Fast2test에서 Google Drive로 공유하는 무료 2026 WGU Financial-Management 시험 문제집이 있습니다: https://drive.google.com/open?id=1_vwg9InjWV76hyN5ib0UdgIrETCtYyxT