AFP CTP - Certified Treasury Professional
A retail brokerage firm is MOST like which one of the following types of financial institutions?
Money market funds are able to obtain very competitive trading terms because:
What do MOST companies try to maintain due to the signaling effect and clientele effect?
Equity section of Fisher, Inc. Financial Statement
If an investor paid $1,400.00 (excluding fees) for 75 shares of common stock, what was the market value of Fisher, Inc. at the time of purchase?
One example of increased use of electronic payments for retail businesses to convert customer checks to cash at the counter more quickly is:
Which of the following is a purpose of the Check 21 Act?
Simplifying upgrades and system restoration, access from multiple remote locations, and interfacing with multiple applications are all reasons to:
Usually, corporations receiving dividends from another corporation can exclude 70 percent of dividend payments from income for tax purposes as long as the stock is owned for at least:
When a company announces a significant and unexpected dividend increase, it signals to the market that management expects:
A nationwide discount retailer is re-evaluating financing methods since the most-popular and most-expensive electronics “must-have†item for this year is set to ship from factories in China. Which of the following credit facilities would be MOST effective for the retailer to use?
The controller is developing a financial plan that includes an operating budget and a financial budget. Which of the following statements is true?
For ABC Company in the last fiscal year, the operating profit was $8,500,000, the tax rate was 33%, the total capital was $75,000,000, and the WACC was 9.7%. What was the EVA for ABC?
A treasury manager at a multinational manufacturing corporation assigned a team of analysts to re-engineer the company’s FX exposure management program. Which of the following alternatives would BEST accomplish this objective?
A company has decided to manage its short-term investment portfolio in-house. It is looking for enhanced capital gains as well as the ability to sell the instruments on the secondary market at a premium. The investment manager has forecasted the interest rates shown below:
Which investment strategy should be employed by the company?
A company is filing for bankruptcy protection and is concerned about the welfare of its sizeable retiree population. Under ERISA, it is obligated to perform which of the following actions regarding its defined benefit plan?
The board of directors announces an increase in its dividend from $0.11/share to $0.15/share. Over the next two quarters, management notices that its investor base has shifted to include a large percentage of pension funds and endowment funds. This is the result of:
ABC Company, a leading provider of office supplies, has successfully implemented EDI based on a request from one of its customers. ABC will not only benefit from the strategic alliance that will result, but as more of ABC’s customers adopt the program, ABC will also experience a positive impact on its:
Recently LEW Utilities, a local utility company, began using the company processing center method to process customer payments. Prior to this change, it used its local depository bank’s lockbox to process the payments. The PRIMARY advantage of the new method is to:
The yield curve is inverted. A creditworthy firm considering alternative debt maturities would MOST LIKELY:
JMW Company processes its consumer payments using a lockbox provider. On average 35% of its remittance advices contain encoding errors. JMW Company’s cost for the lockbox provider to process these payments will be least impacted if it uses:
