Tài liệu Hệ thống câu hỏi và bài tập tài chính doanh nghiệp

H6¿C VI§b TAI CHIBH BO bOB TAI CblBH DOABB BGHI$P IIfi. THONéi CAéI DOI V/k B&I T.AP MON HOC: TAI CN DOANR NGBff. P 1 I.CAUIIOILYTMUYET PRAN 1: TONG QUAN TO CN DOANH NGl©fi.P Chwong 1: Var trii cua quan tr) Hi chinh doanh nghiep 1. Phan biet giua Tai chinh va Tfii chinh doanh nghi(ep, giua T:ii chinh doanh nghiep va Quan tri. tai chinh doanh nghi(ep? 2. Nhiing moi quan h( nao hpp thinh quan he Hi chinh doanh nghiep? 3. Phiin tich 3 quyet d|mh tai cbinh chién lupc cua doanh nghiep? 4. Tpi sao doi véi cong ty co phan, muc tiéu Hi chinh la Hi da hoa" gia tri thi truéng ciia cong Q? 5. Grim doc Hi chinh co vat tro quan trpng nhu the nfio trong doanh nghi(ep? 6. Hay cho biét vi tri ciia giém doc Hi chinh trong doanh nghipp? Pharr bipt nhi(m vp ciia tAi chinh vfi ké to:in trong’doaoh nghipp?, 7. Hinh thuc ph:ip ljto’chfic doanh nghiep co iinh huéng nhu the nao den cong tac’quan tri. quén tri. Hi chinh doaoh nghiep? 8. Da)c diem kinh Ie - tbu"at ctia ng%h kinh doanh finh hu©g An thé nfio Hi t¾ song I:ic qu n tri. Hi chinh doanh nghi(p? 9. Mfii kuiiirg kinh doanh cé’ doaoh ¾h hufmg nhu thé nio téi téi ’cong tac qu n tri. Hi chinh doanh nghi(p? 10. Anh (chi.) hfiy dna ra nhllng kién ng@, de xuat nham n$ng cao vat tro cua giim doe tfii chinh doaoh nghi(ep trong dieu ki(n hi(n nay cfia Vi(t Nam? PBAN 2: CAC CONG CH NIJ TRONG QH ’TRI. TCDN Chuong 2: Gifi tri. theo th¾ gran ciia’tien 1. Phin tich c:ic nguyen nbin dan den tien cé gi:i tri. theo th¼ gian? chinli cua doanh nghiep? 1. Néu kb:ii oi(in rfii ro va phan lo@ rfii ro? Loai riii ro nfio la khfing Aé lopi trii, loai riii ro nao co the dupe lopi rii? Cho vi du mioh hpa ve céc loai rfii ro? 2. Trinh ba' y tbuoc do riii ro cfia doanh nghi(p, hay do luring ro cua mfyt kbo n dau N? 3. Trimb bfiy cfic tbuéc do riii ro céa mfyt danh myc dau W? 4. Hfiy cho bjét j ngJ:iia cbi tren Jo lech chuan céa mf;t khofin dau tu, dfy 1(ch chuan mpt dni±. myc dfiu tu? 5. Cé j' kjén cho rang “Réi re cang sao thi tji sniff sinh léi déi héi zéng lén”. Hfiy binb’lupn j kifin tren? 6. Phfin biet tj suat sioh l¾ kj' vpng céa mot kbo% dfiu tu va tj suat sinb l¼ déi hoi céa &fi dfiutu? 9. Neu cong théc x:ie d|mh suat sinh Hi doi hoi theo von (CAPM)? Hay neu uu diem v:i hpn che cua mo hinh nay? 10. Hay bieu dren moi quan h(e giua riii ro va by suat sinh let déi“héi qua duérig SML (duéng TTCK)? Chucrng 4: B:to c:to Hi chinh va chinh 1. Hay neu npi dung va y nghla cfia bao cao Hi chinh doanh nghiep? 2. Tai sao trong b©g can doi ke to:in nguiii ta sap x$p cac Hi‘ sin theo tr(at grim’ dan ve tinh thanb kho©, diing théi sap xfip c:ie nguiin: von theo tr$t t;r giam dan ve tinh cap thiet yéu cau tr:i up? 3. Hay gi¼ thich c:ie tbu"at ngu sau: Von dau N cua ché sé huu, tha"ng du von co phan, co phiéu quy, doanh thu may Y$ thue, lpi nhu"ari truéc thue, l@ nhu"an sau thue? lpi Au"an tméc lai 7. Co y kien cho rang “M"ot DN co vong quay hing ton kho (von va)t In - h©g cao trung binh cua ngénh, dieu dfi chimg to . . . . „ . -• . . quan . ly. en . d;;ng von vat tu hang hoa. cua viec DN la tot . Theo Bpn, y tren do co hpp lj eng ? 8. Phan bipt nhfim chi tieu phén :1G hie"u suat hoat dpng va hi(u qua hoat dpng cua doanh n. ghi(p? 9. Hay neu I:ie di¿og ciia phuoag‘phép phio tich Dupont kong qu n tri. tar chinh doanh nghic›p? 10. Phin tich dien bi$n nguon von v$ str d;;ng von cfi I::ic d;;ng gi cho céng j:tic quiin tri. Lai chinh doanh nghi(ep Chwong 5: Cong cp phéng ngira rui ro trong hopt dpng Hi chinh 1. Kb¼ ½pm i rree tm cbinh? Neu‘ cac cong cy phfing ngira rfii ro ¼ cbfnb? 2. Neu k±fii ni(em aft cci chfi hoat dong cua hpp dfing Wong lai? Gi¼ thich tpi sao hpp dong tucnig lai Co Aé giup phong ng;iia rfii ro cho doamb nj@i,ep? 3. Neu kb:ii oipm vfi cc cfie hoa, t dpng cua bpp dong quyen chpn? Giai ¾ch ½ saa i:‹;r•-éJ».• •'aו». ÷i:9». iji éiin nhn. ×s neiia rfii rroo cchhoo’’ddooaannhh nneghhiieenp?? ‘ 4. Néu bin ch$t cfia hpp dong ho:in doi? Hpp dong ho:in doi (L½ sua\—ngopi t;:) dupc’ sé d;;og chain myc dich gi? 5. Trinh bfiy sp kb:ic bi(I giiia mua hpp dong ½hpn v$ b:in hpp dong ½ hpo? 6. Trinb bay siz kbac bi(I giiia mua hpp dong ½ h khi gi:i ½ hpn l? 50.000 dong v¾ ’mua quyen chpn véi gi:i tbpc hi(n la 50.000 dong? 7. Gi¼ ½ch sy kb:ic nhau gifia bén quyen chpn mua va mua quyen chpn bio? 8. Hpp diing tuong lai dupe sé’ d g dé phéng ngiza riii ro. Hfiy gi¾ thich @ sao viec dieu chinh gi:i giao hing Aeo tich himh thi. truimg cé tbé giy ra &fiog . . -. . . . . . va n de ve do ng tr e n cho co ng y ? 9. Mf;t cfing ty kinh doaoh ko’ng ng%b 1no:rig Aye khi vao vu mua sé cé 120.000 tan gpo de xuat bin s,au dé 3 thing.’Hpp déng tifong lai ve gpo cfi tiéu chuan l$ 40.000 App dong. Cfing y dé cfi thé sfi d g hpp dong tucmg lai 4 dé phong ngfia ii ro nhu thé nao? Hay chi ro nhung diem lpi vfi bat 1st cfla hpp dong tuong lai doi vfii cong ty do? -‘ Bai so 01: Mpt ngufii gfri tren 100 tripu v:in ngan hang, thoi gian gui tien la 5 nam vfii lai suat ngan hang la 10%/nim, tinh lai hang nam thep phuong thuc tinh lai kép. Hay xac d)nh so tien ma ngu¼ nity nh(an dupc sau 5 nam? Bai so0022: M-‘pIt n ii fi’ vfio n an h • so tren 100 trieu don . Lai suat 1“ 10%/nam, nhung ngan hang tinh lai 6 thang mpt lan theo phuong théc tinh lai kép. Va( y sau 5 niim ngufii dfi co the nh(an dupc so tren la bao nhiéu? Bai so 033: Ong Tua'n muuo'n de danh tt‘i4tnn cho con di hhopcc dai hhopcc.. NNgaay tNu““ lliuicc méi sinh con, ong du d|mh se mua bao hiem nhan thp cua cong ty bao hiem PRUDENTIAL véi muc dong phi den -da"n hfing nfim la 7 oi(u (déng v:to dau ném), lai suat muc 6%/ riarn. Hfii khi con ong tron 18’tuoi, hpp dong cfin lpi cho cbi.u mfyt nfim sau. - Nbfi cuog cfip thé 3 dna gi:i chAo hing la 160 tri(u diing vfi ngu¾ mua phfii ½ , v"an cheyén. Hp yéu cau thanb torn -ngay 20%, sau ném thii chat thanh toiin them 30%, sau thanb to:in phan con lat. Ngu¾ mua du tinh neu hp muc 9%/nfim. ' 06: Vao ngay 01/01/N, cong ty TNHH Thai Son mua mpt ngoi nhfi lim fi8: Cong ty Hoiog Huicing mua mfyt thifit bj sin xufit v?'ph¾- e$ tren mf;t lan vao cufii nfim ké 5 ke tu“ ngiy mua v¾ so ti4n thanb to:in l$ 520 Aeu diing. Néu bén bin cho phép cfing ty tri déu zo tien vio dau mfii nim (cfi goc . . x. i a . .’: . : ._ . va lai) moi lan bang ohau kong vong 10 nam (lan tra &u tien ngay sau Mn nha"n tbipt b1), tbi so ti4n ph$i kaA torn moi lm l$ bao ohiéu? .. . .. . .. . . -- . . . £iaf razrg: La euat cLet kbau on d;mb la 10%/nam. -- Bfii so 09: Cén,g ty T can mua .mo"t dly chuyen sin xi¼t. Cp 2 phucmg thfxc thamb torn dupe %%tt rraa&&uu sau: torn bfy tien hing tbi ph¾ tra 1.890 tripu dong. - Néu thanh toan theo phuong thfic trfi gop thi phai tra ngay 700 tri u dong, so con lit dupc thanh toan déu trong 24 tharig, vcri so tién 62 trieu’dong/théng. Néu cong ty T dong y thanh toén theo phuong thfic tra gop thi phai chi.u lai suat lfi bao nhieu % mpt nam? vay the chap ngan hing mpt khoan tien 500 trieu dong véi '10:Ong thanh toan héng nam den dajn la bao nhieu? trong do tien ID bao nhieu? 11: Mpt ngufii lao dpng h g nam rio( p BHXH vcii so tien la 1 tri(u dong/riim vfi npp déu trong 30 ném v:to cuoi ‘i nfim. Lai dyih o muc 10%/nim. Klu nguoi lao dong right huu, néu nhu ngu© nay co the• cong thfim 30 tuoi thi moi niim nguiii nay dupc nh"an mpt so tiln 1$ bao nhieu de den sail 30 niim la viia hét so tien Jo. Biet rang ’Hi suat 10%/ném. Bfii st 12: Ng© hing A trfi lfii suat 8,5%/nim, gfyp lé hi:rig nim cho c:ie kboim .- .. . . . -. . - . .. . . - -. . .. tien gui. l'lgan hang B tra lu suat 8%/nam, gpp lai hang guy. Ne» b;n cc tien, by sé gfri tiln vfio pgfin h©g nao? Tpi\ sao? 13: Ngfin hing A B$ lai suat 8º o/nfim, gf¿p lai h©g quji cho ciic khoin tien gui. Ngf n hing B gpp lai theo han 6 thing. Hay cho biet ngan h rig B phai guy dinh lai suat danh ngliia cua minh li bao obieu de lai suat thuc Ie cua mirth bang lai suat thue te ciia ngin hing A? Bfii so 14: Cfing ty ki0b doaoh bat df;ng sin H dang ch$o bin c:ie cfin ho v¼ gi:i niém yfit li 1.200 O(u dong/cfin ho vi dna ra 2 de n% sau: - Thanh to:in ngay 200 tn(u dong, ‘i th© 40 tripu diing; ho"ac: thanb to:in deu kong 25 tb:in;; k$ - Gi:tin gi:i 100 tn"eu diing néu khach hing 6fi tien ngay torn bf¿, tiin &$. Neu la ngufii dang co y du| ih mua can hp céa cfing ty H, by se chpn phuong thuc thanh to:in nao? Vi sao? ‘ Biei rang: lai suat vay ngan héng J%/théng. Bfii aé $5: -Mot ccffiinng ty ddaanng xem xét dau tIon 2 llooaai cchhfimmg kho:in sau: - Chfmg‘fdroén A: chi phi dau tu fi0 trieu dong, du kien se nh(an dupc khoin thu 118,37 ¼(u dong sau 10 .’-”" - Chfmg khoén B: cbi phi dau -tu 9 nam, va cuoi ném thu: 10 sé dupc thanh ‘i nfim nong to:in 110 tripu dong. tw"eu dong, sé dupc A"an kboén thu 10 Yea cau: a. X:ie ,dich Ie chiét kbau cho cac dong tiln thamb to:in céa mfii chting b. Néu tjr suat sioh l¾ déi héi l£ 8%/nfim thi cong Q nén diu in v$o chfmg kboin n$o 1$ cé l@ chit? , . --, - - .., . --. - . ofii sa 16: ½M@iitt fdiooaanoini nngu’pap vvaay nngaaaa ffiiaraeg kkbfiooainn ttiieenn .. .. -. . 11 ..00fGJf9l tmripeuu adoonng ccoé Nepaarni hhiinnop yeu c$u kfi hoach ki up &u sau: 2 nim dau chi tri l½, 4 nfisi ké ti•p W$ céc- khoin tien bang, &au li ?00 trieu dong‘ méi nam, so tien cén l@ Aanb torn deu bong 2 -.’:finn cuoi. Bpn hfiy gifip doamb ngbi(ep l"ap ké hopch bfi np tbeo yfiu can céa ngan h©g? .. ‹ . . . . ’. .. . .. ’ . . . Bai so j8: Mpt dy an dau tu co ‘dong Hen vao du men 0ong tucmg 'lai @hat suih v$o cuoi nim) An sau: t'Tam 1 Nim 2 -Nim 3 Nim 4 Nim 5 200 200 200 200 200 Hay :ip d;;ng phuoog ph:ip dfing tién cbiét kbfiu @CF) de biét xfic di;mb so von diu tu cbi nen Hi & 1$ bao- obieu lfi phé hpp v¾ l½ suat cbiét kbau lfi 10%/nim. Bfii sfi 18: Mpt ngu¼ dp di;mb mua mpt cbiéc xe tai hich kb:ich. Theo aéc tifib so tiin bé in de mua to de cmg c$p di.ch vp v"an 900 tri;:u docig. KM’ nam) cho nha dau In nhu sau: Nam 1 Nam 2 Nam 3 Nam 4 200 250 300 350 Nam 5 Véi tj suat sinh léi déi héi la 12%/nim, bing phuong ttiieenn chifit khau (DCF), hay cho biét nhfi dau tu co nen mua chiec “ to nay khéng? hieu thirim Co hieu thuim Tj suat sinh Hi 11% 15% 19% Dpa tren muc do ii ro va Ty s 'aat siiih Hi -5% 0,2 0,3 6% 0,3 14% 0,2 22% suat sinh Hi, hay cho biet cong ty nen lya chpn dau tit vao co phieu nao? Bai so 20: Ong An dang du dmh dau In vao mot trong 2 so phieu X va Y. ring co théng tie ve 2 co phieu nay &u sau: Cfi phieu thuimg X X:ie xuat | 0.2 0.5 | 0.3 | Ce phieu thirimg Y Tj suat sinb Hi -2% 18% 27% X:ie xuat Tj suat sinb Hi 0.1 ’4% 0.3 6½ 10% 0.4 0.2 15% lua chpn co phiéu nao de dau tu? Tai sao? Hay cho bifit Bai sfi 21: Gia sfi co cac thong tin ve xac suat vfi tj suat sinh Hi’khi dau In vao co phiéu X va tin phi$u kho bac tuong ting v¾ ba tinh tr g céa nen kinh te ohu sau: ’tinh trang kinh te Suy thoai Binh thiréng Tang truémg nen X:ie suat 0,25 0,50 0,25 TSSL cfia cc phieu X - 8,2% 12,3% 25,8% TSSL;cfia ’tin phieu 3,5% 3,5% 3,5% 9 - Tjsuét sinb l¾ mong d@ (%)‘ - D"o l(ch chuan (%) i tuong qum Co j›han A 20 22 Co phan B 25 30 a. X:ic du; ib tj' sult sioh l¾ @ vpng, do 1(ch chutin cii.a @ suat sioh l¾ ½ vpng doi v¾ danh myc .&u tu cfia Hé ? tbay doi ggu the néo ? c. Néu Hfi qyyét 'dinb dau tu to© bp vio cé phan A tbi quyét d;uib nfiy cfi dem lpi hieu gut hon dau tu tbeo damh mpc kén ? Bai so 23: Ong A ding xem xét’dau In véo hat loai co phieu: X vfi Y. Sau khi lien he v¼ aéng ty chfmg khofizr Kim Long, éng cfi dupe thong tin ve it sioh l¼’kj' vpng vi do lech chuaa tj suat simb l¾ kj vpng céa hai co phieu Ben &u sau:’ Chi tien Tj sufit sioh l¼ ¼ vpng (%o) Do, lé'³³³a iai.’ Gia hi"en h©h céa -co phieu X lfi 29.000 donQcp. éng A cfi 5.800.0o0 diing de dau tu. Ong A dang xem xét hat chién lupc da4, tu &u sau: (I): mua co phieu X v¾ gi:i hien h%b lfi 29.000 do¿Qcp (2): mua 2p00 quyln chpn mua v¾ gi$ Ayc hien la 30.000 donQcp, th¾ hpo hpp dong’lfi 3 th:ing, pbi mua lfi B900 donJcp. Hfiy dich gi:i lfii lfi tiem ning céa &i dau tu A éhai cbien lupc. , 36: Mf¿t &? &u W b:in mpt hpp dong tuortg lai cfi A@ gipn dio hpn 1$ thing 7 dé bin bpc v¼ gi:i l£ $10,2/ounce Wen tbi. trufing 0ao doi ‹hing héa céa . ’.. ' New York. Quy mo cua hpp déng 1$ 5000 ounces. Nb$ dfiu tu bft|buoc ph½ ½ qujban dau l$ $4000, v? mfic @ bat buo" c 1? $3000. 3388:: Mpt