Assessment / Spring 2010 / BU 250 - Principles of Finance



MIDTERM EXAM

This section contains item analysis for midterm examination given in BU 250 - Principles of Finance for the Spring Semester 2010.   Mouseover bubble tipsThis is an example of a mouseover bubble tip. are included for questions that were correctly answered by fewer than fifty percent (50%) or less than half of those of who took the test, to alert students on which particular topic (and learning outcome) they need to review and study further.

MIDTERM EXAMINATION - ITEM ANALYSIS
TOPIC COVERAGE CHAPTERS 1-4
SLOs ASSESSED COURSE-LEVEL SLOs FOR CHAPTERS #1, 2, 3, and 4
DATE GIVEN FEBRUARY 26, 2010
TYPE OF EXAM THEORY QUESTIONS AND PROBLEM SOLVING
NUMBER OF ITEMS (QUESTIONS) 30 MULTIPLE CHOICE QUESTIONS WITH SOME PROBLEM SOLVING (TIME VALUE OF MONEY)
NUMBER OF STUDENTS WHO TOOK THE EXAM 19 STUDENTS
AVERAGE GRADE = 70%     LOWEST GRADE = 23%     HIGHEST GRADE = 100%
ITEM # ANSWERED CORRECTLY PERCENT ITEM # ANSWERED CORRECTLY PERCENT
EMBEDDED PRETEST QUESTIONS
(CHAPTERS 1-4)		 OTHER QUESTIONS (CHAPTER 4)
1 16 84% 19
 9 47%Tests the student's knowledge and undestanding of factors that would lead an investor to require a higher interest rate when granting a loan. (Chapter 4 Course-Level SLO)
2 18 95% 20 13 68%
3 14 74% 21 5 26%Tests the student's knowledge and understanding of the nature of compounding and the present value of any given future amount. (Chapter 4 Course-Level SLO)
4 13 68% 22 13 68%
5 15 79% 23 5 26%Requires the student to define an annuity. (Chapter 4 Course-Level SLO)
6 7 37%Requires the student to select from a given list an example of government incentive for businesses. (Chapter 2 Course-Level SLO) 24 16 84%
7 6 32%Tests the student's knowledge and understanding of the different types of financial markets and the concept of liquidity as it relates to these markets. (Chapter 2 Course-Level SLO) 25 9 47%Problem Solving - Tests the student's knowledge and ability to compute simple interest on a given deposit. (Chapter 4 Course-Level SLO)
8 16 84% 26 18 95%
9 16 84% 27 10 53%
10 5 26%Tests the student's knowledge and understanding of primary and secondary financial markets and their role in raising funds for the company." (Chapter 2 Course-Level SLO) 28 13 68%
11 13 68% 29 5 26%Problem Solving - Tests the student's knowledge and ability to compute the number of years it would take for a given investment to grow to a certain amount for a given interest rate compounded annually. (Chapter 4 Course-Level SLO)
12 11 58% 30 6 32%Problem Solving - Tests the student's knowledge and ability to compute the annualized rate of return an on investment. (Chapter 4 Course-Level SLO)
13 8 42%Requires the student to describe the effect of the rapid growth of a company to its profit and cash flow. (Chapter 3 Course-Level SLO) Tests the student's knowledge and skill in preparing the work sheet and explaining the significance of the resulting figures in the completed document. (Course-Level SLO #4) Tests the student's ability to list the steps in the accounting cycle in proper sequence (General Course Objective) Tests the student's understanding of the relationship among journalizing and posting adjusting entries and the adjusted trial balance in the work sheet. (Course-Level SLO #4

REMARKS

TEN out of 19 students (53%) passed the midterm examination with grade of 70% (C) and higher. Including those who obtained 60% and higher (ABCD), the total number of students who passed the exam was 15 or seventy-nine percent (79%).  See charts below.
14 12 63%
15 16 84%
16 12 63%
17 12 63%
18 10 53%

CHARTS  [To view TABLE, click on image below or click here.]






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