About the BAT with Sample Questions Table of Contents Introduction Test Overview Sample Questions Scoring Introduction We are excited about your participation in the Bloomberg Aptitude Test (BAT). The BAT is a global, standardized online exam that the Bloomberg Institute has developed in partnership with premier companies, university faculty, and business professionals around the world. The test is designed for undergraduates and recent graduates who are interested in an entry-level
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significant drawback; the ‘Debt Crisis’ that followed due to unpredictable economy fluctuation all around the world. A debt crisis deals with countries and their ability to repay borrowed funds; which include international lending, national economies and budgeting. The “Debt Crisis" definition have varied over time, the most common one – “when a national government cannot pay the debt it owes and seeks, as a result, some form of assistance” (eHow.com, 2012). An international debt crisis erupted in the
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calculation of financial ratios allows the company, its investors, and banks to see through the masses of data and estimate the company's intrinsic value (Loth, 2012). Types of financial ratios include liquidity ratios, profitability indicator ratios, debt ratios, and operating performance ratios, among others (Drake, n.d.). The cash conversion cycle (CCC) ratio is a liquidity ratio that is less common than some other liquidity calculations, but in many cases it is more useful because it takes into
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greatly, so accounts payable and other current liabilities. Jackie needs to scrutinize all relevant information, and finds the reasons of the change. • lawsons’ trade debt The current trade debt was owned by Forsyth Wholesale Ltd. The high interest is one of the biggest expenditure. This is why Mackay wanted to transfer this trade debt to bank loan from Commercial Bank. Analysis Financial Ration Analysis • Profitability COGS has remained constant, it showing good purchasing and cost control
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Week 2: Introduction to the Financial System 1.1 Functions of a financial market * Markets are the process that facilitates the exchange of things of values. These things of value are often categorised as real assets, such as a house or a car, and financial assets, such as a loan to buy a house or car. These could take place in a non-formal market place, non-market exchanges can be very time consuming. * It brings opposite parties together. If not, those with needs must go everywhere
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calculate the asset level each year. Assets began at the 2000 level of £16.1 billion and increased each year by the calculated interest rate based on the case instructions. The interest rate was also used to estimate interest payments for the outstanding debt. To calculate Earnings Before Interest and Taxes (EBIT), we estimated Return on Assets (ROA) and the impact of changes in foreign currency rates. ROA was estimated with a random number generation based on normally distributed amounts with a mean
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Policy Briefing Education Reform Jatin Patel December 10th, 2012 Statement of Issue How can the federal government decrease student loan debt in the country and still provide an education to those whom want to seek it? Every summer millions of college students throughout the nation depend on Federal Financial Aid to help pay for school. In the midst of the election season the Republican candidate, Mitt Romney, voiced how he wants to end government funding. Currently, the nation provides
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Acquisition Risk- When Suzlon acquired Repower at a price much higher than what was offered by Areva. There was a high investment risk, as it may or may not turn into fruition. 3. Financial leverage Risk- The acquisition was to be financed through debt, this increased the financial liabilities leading to the increase of financial leverage. 4. Foreign exchange risk- As the bonds issued were US dollar dominated, this increased the foreign exchange risk as dollar rate in future will define the payment
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NPA’s Relation with (Interest rates) RBI has few policies by which they maintain growth and control inflation in Indian economy. One of these tools is repo rate. An increase in the repo rate will make the borrowings more costly and it attempts to decrease the aggregate demand. Rising lending rates will also make the existing loans costly and thus adds to the pressure on the borrowers’ ability to service the debt. These accumulated debt leads to the massive NPA issue in nationalized banks in India
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1. | Question : | (TCO C) Brammer Corp.'s projected capital budget is $1,000,000, its target capital structure is 60 percent debt and 40 percent equity, and its forecasted net income is $550,000. If the company follows a residual dividend policy, what total dividends, if any, will it pay out? (a) $122,176 (b) $128,606 (c) $135,375 (d) $142,500 (e) $150,000 | | | Student Answer: | | Answer (e) Equity capital budget=1,000,000X0.4=400,000 Projected max dividend=550,000-400,000=$150
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