Latest CORe Study Guides 2021 - With Test Engine PDF
Get New CORe Practice Test Questions Answers
HBX CORe Exam Certified Professional salary
Europe - 70,500 EURO
India - 14,00,327 INR
England - 75,000 POUND
United State - 100,200 USD
NEW QUESTION 104
Which of the following scatterplots shows the strongest positive linear relationship? A)
B)
C)
D)
- A. Option B
- B. Option A
- C. Option C
- D. Option D
Answer: A
NEW QUESTION 105
When forecasting monthly cash flows, which of the following businesses would be MOST impacted by seasonality?
- A. Toy store
- B. Hardware store
- C. Law firm
- D. Eyeglasses store
Answer: A
NEW QUESTION 106
In determining Earnings before Interest and Taxes (EBIT), an analyst needs to make what adjustments to the net income amount with regards to income statement items? (Select all that apply.)
- A. Add taxes
- B. Deduct capital expenditures
- C. Add depreciation
- D. Deduct change in net working capital
- E. Add interest expense
Answer: A,E
NEW QUESTION 107
A company reported income before taxes of $800,000 for Year 2. The company did not have temporary taxable differences at the end of Year 1 but reported a net deferred tax asset of $6,000 for Year 2. The effective income tax rate is 30 percent. What amount should the company pay as income tax for Year 2?
- A. $241,800
- B. $234,000
- C. $240,000
- D. $246,000
Answer: D
NEW QUESTION 108
A tech company has just completed market research on a potential new project that would last three years. The research cost $150,000 and determined that the project is expected to bring in $200,000 of revenue annually. The company will have to lease a plant for a total three-year cost of $100,000 and calculates that materials and labor will cost 60 percent of revenue. Given this information, what will economic profits be for the three years, and should the project be adopted?
- A. $140,000. Yes, the project should be adopted.
- B. -$10,000. No, the project should not be adopted.
- C. $140,000. No, the project should not be adopted.
- D. $240,000. Yes, the project should be adopted.
Answer: A
NEW QUESTION 109
A company purchased a piece of equipment for $100,000 on Jan. 1, 2012. The estimated useful life is 10 years with no salvage value at the end of the10-year period. The company used the straight-line method to depreciate this equipment in 2012. However, in 2013, the company decided to change the depreciation method to the double-declining method. What effect did this change in depreciation methods have on the income statement for 2013 and the balance sheet as of Dec. 31, 2013?
- A. The total assets decreased, and the net income increased.
- B. The total assets decreased, and the net income decreased.
- C. The total assets increased, and the net income increased.
- D. The total assets increased, and the net income decreased.
Answer: B
NEW QUESTION 110
An individual has relocated to a new city for a job and is looking for an apartment. Apartments in this city tend to be low in price but are often in disrepair and lack extra amenities. For each new apartment that comes on the market, there are dozens of people who wish to rent it. What could explain these conditions?
- A. There is a price ceiling on apartment rental prices.
- B. Landlords are maximizing profits.
- C. The city is experiencing an economic recession.
- D. The city has become popular and more people are moving there.
Answer: A
NEW QUESTION 111
Which of the following pieces of information can be determined by looking at an income statement?
- A. The increase or decrease in owner's equity for the accounting period
- B. The amount of pretax profit or loss during the accounting period
- C. The change in cash position during the accounting period
- D. The amount of tax paid during the accounting period
Answer: B
NEW QUESTION 112
Company A has a Weighted Average Cost of Capital (WACC) of 12 percent. They are evaluating four different projects/investments with financial flows as described below. Available funds are limited, so they can only pursue one of the investment alternatives. Each project/investment involves an initial outflow of $1,000,000 and has an eight year life.
Which project should they select?
- A. Project 1
- B. Project 4
- C. Project 2
- D. Project 3
Answer: B
NEW QUESTION 113
A landlocked student believes that people would prefer to live near the ocean if they could afford the additional expense. To test this, the student wants to see whether states bordering an ocean are more likely to have a larger percent of wealthy families than states without an ocean coast. The student collects data from the 50 U.S. states on the percent of families making over $200,000 a year along with whether the state has an ocean coast (where 1 means the state has an ocean coast).
Based on the regression results given below, what can be said at the 95% confidence level?
- A. On average, the wealthy make up 4.12% of the population of states without an ocean coast and 6.89% of states with an ocean coast. The result is not statistically significant.
- B. On average, the wealthy make up 4.12% of the population of states without an ocean coast and 6.89% of states with an ocean coast. The result is statistically significant.
- C. On average, the wealthy make up 4.12% of the population of states without an ocean coast and 2.77% of states with an ocean coast. The result is statistically significant.
- D. On average, the wealthy make up 4.12% of the population of states without an ocean coast and 2.77% of states with an ocean coast. The result is not statistically significant.
Answer: B
NEW QUESTION 114
A study is conducted to determine what factors drive used car prices. The study initially examined two variables: the make of the car and the number of miles driven on the car. Not surprisingly, the group commissioning the study found that there was a strong relationship between these two variables and price. In an attempt to explain more of the variation in price the researcher added a thirdvariable:the car's age (in years).A prior study had shown that age was a significant factor in explaining used car selling prices. When added to the new model, however, the group found that although adding age explained more of the variation in price, age was no longer significant when combined with the car's make and miles. This problem is an example of:
- A. lagged variables
- B. homoskedasticity
- C. heteroskedasticity
- D. multicollinearity
Answer: D
NEW QUESTION 115
On a balance sheet, assets are arranged in the order of:
- A. Profitability
- B. Materiality
- C. Stability
- D. Liquidity
Answer: D
NEW QUESTION 116
While proposing an advertising campaign to a supermarket, a marketing firm claimed that a previous campaign it designed for a department store increased sales by 10 percent. Which of the following research strategies should the supermarket pursue to determine whether this claim is justified?
I. Research sales growth for the department store's competitors during the time of the campaign.
II. Research sales growth for the marketing firm's other clients after their campaigns.
III. Research sales growth for companies that used different marketing companies' campaigns.
IV.
Research the department store's sales growth prior to the marketing campaign.
- A. I and II
- B. III and IV
- C. III only
- D. I and IV
Answer: D
NEW QUESTION 117
A professional football team is considering adding two more games to its season. Which of the following costs should team owners NOT consider when making this decision?
- A. Annual rent paid for the stadium
- B. Maintenance costs
- C. Hourly wages paid to security staff at games
- D. Costs per each additional game
Answer: A
NEW QUESTION 118
For valuation purposes, the opportunity cost and inflation are two main concepts that explain the:
- A. Riskiness of a project
- B. Time value of money
- C. Real rates of interest
- D. Economic value added
Answer: B
NEW QUESTION 119
Which of the following financial statements is MOST useful in determining the capital expenditures of a company during the past year?
- A. The income statement, using the depreciation expense per year
- B. The statement of retained earnings, using the profits that were reinvested in the company
- C. The balance sheet, using the ending balance of property, plant, and equipment
- D. The statement of cash flows, using the investing section
Answer: D
NEW QUESTION 120
A company's 2013 year-end balance sheet included the following:
The company's net cash from operating activities on its 2013 statement of cash flows is $200,000. Current year depreciation expense is $25,000. What amount should the company report as net income for 2013?
- A. $230,000
- B. $170,000
- C. $130,000
- D. $175,000
Answer: B
NEW QUESTION 121
Which of the following statements is characteristic of all assets?
- A. They are owned free and clear by the organization.
- B. They can be converted to cash in the short term.
- C. They are owned or controlled by the organization.
- D. They are obligations to a third party.
Answer: C
NEW QUESTION 122
The Beveridge curve displays the relationship between the unemployment rate and the job vacancy rate (the number of unfilled jobs divided by the labor force). A government official wants to forecast the job vacancy rate for next month to see whether jobs posted now are likely to be filled. The official runs a simple regression using monthly U.S. data from 20012013; the results are given below.
If the unemployment rate next month is expected to be 6.6% and the vacancy rate this month was 2.58%, by how much is the vacancy rate forecasted to change? Note that percentages are given as values between 0 and 1.
- A. The job vacancy rate is forecasted to decrease by 20.23 percentage points.
- B. The job vacancy rate is forecasted to decrease by 3.88 percentage points.
- C. The job vacancy rate is forecasted to decrease by 0.18 percentage points.
- D. The job vacancy rate is forecasted to increase by 2.39 percentage points.
Answer: C
NEW QUESTION 123
A group of season ticket holders wants to forecast what the total attendance at National Football League (NFL) games will be next season. A study by the US Census Bureau predicts that the total US population next year will be 310.738 million and the percent change in disposable income per capita will be 1.0%.
Based on the regression output below, which of the following figures is the MOST accurate prediction for total NFL attendance next season?
- A. 27.6 Million
- B. 4.9 Million
- C. 17.1 Million
- D. 13.0 Million
Answer: C
NEW QUESTION 124 
The data below represent the top 25 U.S. newspapers by average daily circulation (in thousands) in 2013. Based on the output, what is the standard deviation of this sample?
- A. 10.46
- B. 547.42
- C. 109.48
- D. 299,663.81
Answer: B
NEW QUESTION 125
......
CORe Dumps and Exam Test Engine: https://www.pass4guide.com/CORe-exam-guide-torrent.html
HBX CORe DUMPS WITH REAL EXAM QUESTIONS: https://drive.google.com/open?id=1N5T_xhXWmrMV1ncYmf0Z6KLoX1uZOJoK