• ignore cash payouts to stockholders. • ignore the size, risk, and timing of cash flows. 5. The maximum rate at which a firm can grow while maintaining a constant debt-equity ratio is bestdefined by its: • rate of return on assets. • internal rate of growth.
ACC 422 Week 5 Final Exam http://www.homeworkarena.com/acc-422-final-exam-perfect-solution 1) Which of the following is NOT considered cash for financial reporting purposes? A. Postdated checks and I.O.U.’s B. Money orders, certified checks, and personal checks C. Petty cash funds and change funds D. Coin, currency, and available funds 2) What is the preferable presentation of accounts receivable from officers, employees, or affiliated companies on a balance sheet? A. As assets but separately from other receivables.
Companies HD and LD have the same tax rate, sales, total assets, and basic earning power. Both companies have positive net incomes. Company HD has a higher debt ratio and, therefore, a higher interest expense. Which of the following statements is CORRECT? Answer: e. Company HD has a lower times interest earned (TIE) ratio.
(Points : 1) Answer: An investment that can change quickly without warning 5. Which of the following would not be part of an investment portfolio? (Select the best answer.) (Points : 1) Answer: A savings 529 plan 6. When is your risk tolerance lowest?
The smallest relative difference that is not statistically significant is stress management at -0.63. The reason that this ratio is not statistically significant is because the value used to determine significance was lower than 0.05. The smaller t ratio has an increased p value and the odds of being able to reject the null hypothesis are diminished. This result means
EGT1 - Economics Subdomain: 309.1 - Task 1 A. Profit Maximization a1. The total revenue (TR) to total cost (TC) approach relies on the fact that profit equals revenue minus that cost and focuses on maximizing the greatest difference between TR and TC. Total Revenue (TR): Is the income derived from the sales of a given product. (McConnell., 2011) This total does not take include the cost of producing the product.
http://www.irs.gov/businesses/small/article/0,,id=146330,00.html.” Dividends, interest, annuities, and royalties not accumulated through the ordinary course of trade or business is Portfolio income, not passive income. The sales of stock and bonds are also portfolio income. 7-13) Martially participation is
The principal payment on a loan due in the next 12 months C. The balloon portion of long-term debt D. An example of a significant noncash transaction E. None of these 41) The accounting equation is A. Debits = Credits B. Assets = Liabilities + Owners’ Equity C. Revenues - Cost of Goods Sold = Gross Margin D. Recording all expenses incurred in generating the revenues of the period E. The same as the book value 42) The reason you need to have an Allowance for Doubtful Accounts is A. so your debits = your credits. B. it is one of the Laws of the Universe. C. to confuse and bewilder accounting students. D. adherence to the matching principle requires it.
D. The seller's price to the buyer is fixed or determinable. Original AACSB: Analytic AICPA BB: Legal AICPA FN: Research Bloom's: Knowledge Difficulty: Medium 7-27 Chapter 07 - The Revenue and Collection Cycle 3. "Bill and Hold" refers to an arrangement where A. Sales are recorded but are not shipped. B.
| a. The expected rate of return on an investment with a beta of 2 is twice as high as the expected rate of return of the market portfolio. | FALSE | | | | | | |