WGU Financial-Management Exam : WGU Financial Management VBC1

  • Exam Code: Financial-Management
  • Exam Name: WGU Financial Management VBC1
  • Updated: Jun 08, 2026
  • Q & A: 86 Questions and Answers

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WGU Financial Management VBC1 Sample Questions:

1. What is the dividend yield of a stock that pays annual dividends of $4 per share and has a current market price of $80?

A) 5%
B) 20%
C) 10%
D) 2.5%


2. Use Whole Pine Inc.'s financial statements for 20X3 below to answer the following question.
What is Whole Pine Inc.'s total asset turnover for 20X3?

A) 1.25
B) 0.50
C) 2.33
D) 2.50


3. How does the use of historical returns to estimate the cost of common equity differ from the Gordon growth model?

A) It uses market risk as the primary factor.
B) It focuses on the company's dividend policy.
C) It considers the future growth rate of dividends.
D) It is based on past stock performance.


4. Considering the fundamental relationships of the balance sheet, how can a company's assets increase without a corresponding rise in liabilities?

A) The company could finance the assets by restructuring its long-term debt.
B) The company could increase the amount of cash it pays out as dividends.
C) The company could finance the assets by increasing owners' equity.
D) The company could increase the amount of depreciation it recognizes.


5. How does a competitive sale of bonds work?

A) Underwriters negotiate directly with the issuing firm on price and interest rate.
B) The underwriter is selected by the issuing firm based on a thorough interview process.
C) Underwriters submit bids, and the firm selects one based on price and interest rate.
D) The underwriter purchases bonds at a fixed rate determined by the government.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A
Question # 3
Answer: D
Question # 4
Answer: C
Question # 5
Answer: C

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