Finance

Assets, liabilities, capital, and revenues are listed on the balance sheet.

Assets, liabilities, capital, and revenues are listed on the balance sheet.

Assets, liabilities, capital, and revenues are listed on the balance sheet.

▸ true

▸ false

aznmistyblue   13   1 Reply

shalasha

Cash is a liability.

Cash is a liability.

Cash is a liability.

▸ true

▸ false

SeaBass2013   13   1 Reply

bamboofactor

Horizontal analysis can analyze balance sheets for two or more periods.

Horizontal analysis can analyze balance sheets for two or more periods.

Horizontal analysis can analyze balance sheets for two or more periods.

▸ true

▸ false

scigeekalic   13   1 Reply

bodie1980

Complete the table:UnitsUnit CostDollar CostBeginning InventoryJanuary 120$ 8.00AMay 1015$ ...

Complete the table:UnitsUnit CostDollar CostBeginning InventoryJanuary 120$ 8.00AMay 1015$ ...

[html]Complete the table:

vurt777   13   1 Reply

hamusa4

Given: Department A. 8,000 square feet, Department B. 5,000 square feet, and Department C. 6,000 ...

Given: Department A. 8,000 square feet, Department B. 5,000 square feet, and Department C. 6,000 ...

[html]Given: Department A. 8,000 square feet, Department B. 5,000 square feet, and Department C. 6,000 square feet. The percent of overhead expense applied to Department C to the nearest whole percent will be:

▸ 68%

▸ 32%

▸

jonaschem16   13   1 Reply

nnenne

LIFO stands for First In First Out.

LIFO stands for First In First Out.

LIFO stands for “First In First Out”.

▸ true

▸ false

make7upurs   13   1 Reply

GlitterBug11

Bryce discounts a 90-day note for $20,000 at 4%. The bank discount is (assume ordinary interest):

Bryce discounts a 90-day note for $20,000 at 4%. The bank discount is (assume ordinary interest):

Bryce discounts a 90-day note for $20,000 at 4%. The bank discount is (assume ordinary interest):

▸ $20,200

▸ $19,800

▸ $200

▸ $2,000

▸ None of these

Tonyt   13   1 Reply

abu-jahdo

Find future value.PrincipalRateTimeNumber of times Compounded per yearFuture Value$ 12,5006%4 ...

Find future value.PrincipalRateTimeNumber of times Compounded per yearFuture Value$ 12,5006%4 ...

[html]Find future value.

Heybonita   13   1 Reply

flipninjamel

Present value starts with the future and tries to calculate its worth in the present.

Present value starts with the future and tries to calculate its worth in the present.

Present value starts with the future and tries to calculate its worth in the present.

▸ true

▸ false

justxdrive   13   1 Reply

cblack14

Ted Williams made deposits of $500 at the end of each year for eight years. The rate is 8% ...

Ted Williams made deposits of $500 at the end of each year for eight years. The rate is 8% ...

[html]Ted Williams made deposits of $500 at the end of each year for eight years. The rate is 8% compounded annually. The value of Ted's annuity at the end of eight years is

▸ $5,318.31

▸ $4,318.30

▸ $4,000

▸ $2,873

cheesyboots   13   1 Reply

clarkh7839

Trystan bought ten bonds of ABC 6 16 at 78.125. (A) What is the total annual interest Trystan will ...

Trystan bought ten bonds of ABC 6 16 at 78.125. (A) What is the total annual interest Trystan will ...

[html]Trystan bought ten bonds of ABC 6

jene277   13   1 Reply

ecunis1

In the following list, which item is a financial asset?

In the following list, which item is a financial asset?

In the following list, which item is a financial asset?

▸ inventory

▸ bond

▸ land

▸ building

ttools   13   1 Reply

frithne

Explain what an auction market is and how it works.

Explain what an auction market is and how it works.

Explain what an auction market is and how it works.

mdensmore   13   1 Reply

AdieMichelle

The following four different financing schemes have been offered to you for the purchase of a ...

The following four different financing schemes have been offered to you for the purchase of a ...

[html]The following four different financing schemes have been offered to you for the purchase of a $30,000 car. Which one should you choose?

▸ $5,000 down with the balance paid in equal monthly payments of $624.70 per month for 48 months

▸ $0 down

waterman7833   13   1 Reply

elisebarnett

Marvellous Ideas Inc. common shares are currently selling for $18.33 per share. The required rate of ...

Marvellous Ideas Inc. common shares are currently selling for $18.33 per share. The required rate of ...

[html]Marvellous Ideas Inc. common shares are currently selling for $18.33 per share. The required rate of return on the share is 10%. What is the expected dividend in year five when the earnings and dividends are expected to decline at an annual rat

Hareplity   13   1 Reply

illusionld

The Third Cup Company has just paid a dividend of $3 per share. The dividends are expected to grow ...

The Third Cup Company has just paid a dividend of $3 per share. The dividends are expected to grow ...

[html]The Third Cup Company has just paid a dividend of $3 per share. The dividends are expected to grow at a rate of 4% per year forever. The current stock price is $25 per share. The firm faces a tax rate of 40% and flotation costs of 5% on new sto

frustelle   13   1 Reply

mkql12

In a world with corporate taxes and no bankruptcy costs,

In a world with corporate taxes and no bankruptcy costs,

[html]In a world with corporate taxes and no bankruptcy costs,

▸ leverage lower the taxes of the firm and increase its total value.

▸ leverage can affect firm value by an amount that is equal to the present value of the interest tax shield.

▸ the

pixiedust7891   13   1 Reply

kuteeme

Which of the following is NOT a factor that can affect a firm's capital structure practices?

Which of the following is NOT a factor that can affect a firm's capital structure practices?

Which of the following is NOT a factor that can affect a firm's capital structure practices?

▸ how big the firm is

▸ type of assets the firm has

▸ where is the firm located

▸ the firm's growth rate

remmylp   13   1 Reply

manuella14

St. Lawrence Ltd. and Mississippi Ltd. both have 50,000 shares outstanding and both shares currently ...

St. Lawrence Ltd. and Mississippi Ltd. both have 50,000 shares outstanding and both shares currently ...

[html]St. Lawrence Ltd. and Mississippi Ltd. both have 50,000 shares outstanding and both shares currently trade at $8 per share. St. Lawrence Ltd. pays a cash dividend of $0.75 per share and Mississippi Ltd. distributes a 5% stock dividend. After th

kitkat867   13   1 Reply

paris.chen

Why is sales figure rather than cost of goods sold used when calculating the average days revenues ...

Why is sales figure rather than cost of goods sold used when calculating the average days revenues ...

[html]Why is sales figure rather than cost of goods sold used when calculating the average days revenues in inventory (ADRI)?

▸ COGS is not the driving variable behind the accumulation of inventory.

▸ Inventory is accumulated regardless of its COGS

booboo123   13   1 Reply

shichihenge7

The operating cycle is defined as

The operating cycle is defined as

[html]The operating cycle is defined as

▸ the average time it takes firms to acquire inventory, sell it, and receive payment.

▸ the average time it takes a firm to sell its inventory and receive payment.

▸ the average time it takes to convert raw

Nikolas   13   1 Reply

wardasid

The following pairs are all benefits of holding inventory EXCEPT

The following pairs are all benefits of holding inventory EXCEPT

[html]The following pairs are all benefits of holding inventory EXCEPT

▸ minimize lost sales because of shortage.

▸ keep sufficient levels of raw materials to minimize disruptions in the production process.

▸ receive discounts on large-volume purc

tawhid111   13   1 Reply

crazyali16

The economic order quantity (EOQ) model of inventory management determines the optimal inventory ...

The economic order quantity (EOQ) model of inventory management determines the optimal inventory ...

The economic order quantity (EOQ) model of inventory management determines the optimal inventory level that

▸ minimizes shortage costs.

▸ minimizes carrying costs.

▸ A and B

▸ None of the above describes the EOQ model.

ssi15   13   1 Reply

stanka82

An important tool used in assessing the quality of receivables is the aged accounts receivable ...

An important tool used in assessing the quality of receivables is the aged accounts receivable ...

An important tool used in assessing the quality of receivables is the aged accounts receivable report. What is it, how does it work, and what are its positive and negative characteristics?

merrisara   13   1 Reply

marlboroman

An option can beI.in the money.II.out of the money.III.at the money.IV.shallow.

An option can beI.in the money.II.out of the money.III.at the money.IV.shallow.

[html]An option can be
I.in

onlineerica   13   1 Reply

alexisgardner09

The strike price of an option is

The strike price of an option is

[html]The strike price of an option is

▸ the price of the option.

▸ the price at which an investor can buy or sell the underlying asset.

▸ the value of the underlying asset at expiration.

▸ the proceeds generated if today was the expiration day.[

tootsiebrowny   13   1 Reply

snowcat012

The following information was reported last year:BeginningEndingAccounts ...

The following information was reported last year:BeginningEndingAccounts ...

[html]The following information was reported last year:

OlKu   13   1 Reply

bizmailova

Which of the following is NOT a true statement?

Which of the following is NOT a true statement?

[html]Which of the following is NOT a true statement?

▸ Actual cash flows should be discounted with nominal discount rates.

▸ Inflation always affects future levels of sales and expenses equally.

▸ Inflation

vlademirsimon   13   1 Reply

ladwer

A project will cost $50,000 to initiate and will generate real cash flows of $40,000 in each of the ...

A project will cost $50,000 to initiate and will generate real cash flows of $40,000 in each of the ...

[html]A project will cost $50,000 to initiate and will generate real cash flows of $40,000 in each of the next two years. The nominal discount rate has been estimated to be 10% per year. Expected inflation is 4% over the next two years. What is the N

manonvsb   13   1 Reply

crazyali16

Explain how you would estimate the change in working capital in a firm by using financial statements.

Explain how you would estimate the change in working capital in a firm by using financial statements.

Explain how you would estimate the change in working capital in a firm by using financial statements.

yandy   13   1 Reply

raihala49

Explain why the CCA tax savings are discounted at the firm's cost of capital.

Explain why the CCA tax savings are discounted at the firm's cost of capital.

Explain why the CCA tax savings are discounted at the firm's cost of capital.

MrsSmitty   13   1 Reply

taylor.eihausen

Which of the following is a side effect of the Free Trade Agreement (FTA)?

Which of the following is a side effect of the Free Trade Agreement (FTA)?

[html]Which of the following is a side effect of the Free Trade Agreement (FTA)?

▸ Canadian firms increased the public float held by Canadian investors.

▸ U.S. firms no longer wanted to acquire or merge with Canadian companies.

▸ U.S. multinationa

MrBio23   13   1 Reply

piccola44

Which of the following actions precedes a firm from "obtaining a toehold"?

Which of the following actions precedes a firm from "obtaining a toehold"?

[html]Which of the following actions precedes a firm from "obtaining a toehold"?

▸ purchasing 10% of the target firms shares in the open market

▸ purchasing 20% of the target firms shares in the open market

▸ purchasing up to 10% of the target fir

Melly767   13   1 Reply

raoulduk

Use the following statements to answer this question:I.The friendly acquisition process involves ...

Use the following statements to answer this question:I.The friendly acquisition process involves ...

[html]Use the following statements to answer this question:
I.

kady   13   1 Reply

Pmoch

A large amount of trading following a hostile tender offer is a good sign for the acquirer because

A large amount of trading following a hostile tender offer is a good sign for the acquirer because

[html]A large amount of trading following a hostile tender offer is a good sign for the acquirer because

▸ the acquirer will pay a lower premium for the shares.

▸ a competing offer is likely.

▸ a large amount of trading is a bad sign for the acqui

courtneyjuma   13   1 Reply

pedro0811

Which of the following is FALSE about the friendly acquisition process?

Which of the following is FALSE about the friendly acquisition process?

[html]Which of the following is FALSE about the friendly acquisition process?

▸ A friendly acquisition involves estimating the value of the firm using information provided by the firm.

▸ The confidentiality agreement prohibits the disclosure of pri

arpylzr75   13   1 Reply

livewelldreambi

Which one of the following is an example of a poison pill?

Which one of the following is an example of a poison pill?

[html]Which one of the following is an example of a poison pill?

▸ a firm that sells new shares to the existing shareholders at a discount in the event of a takeover

▸ a firm that pays all its cash as dividends to existing shareholders because it i

lbsusugar   13   1 Reply

kpot15

Which of the following is NOT a limitation of the liquidation valuation approach?

Which of the following is NOT a limitation of the liquidation valuation approach?

[html]Which of the following is NOT a limitation of the liquidation valuation approach?

▸ The estimates change frequently and require constant updating.

▸ It leads to imprecise estimates.

▸ The resulting value estimates are not forward-looking.

▸

warrenrulez   13   1 Reply

jasm

The book value of current assets of the bidder is $25,000, the book value of current assets of the ...

The book value of current assets of the bidder is $25,000, the book value of current assets of the ...

[html]The book value of current assets of the bidder is $25,000, the book value of current assets of the target is $3,500, and the fair market value of current assets of the target is $2,900. What is the book value of current assets post acquisition?

OlKu   13   1 Reply

jarste123

Define synergy and explain what effect it can have on a merged company.

Define synergy and explain what effect it can have on a merged company.

Define synergy and explain what effect it can have on a merged company.

joshtatum92   13   1 Reply

mkql12