Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

problem1: Cost of goods sold is an:

[A] Revenue

[B]Expense

[C] Asset

[D] Liability

problem2: An expense is recognized when:

[A] A business pays rent

[B] A business repays a loan

[C] A business buys inventory

[D] A business buys supplies

problem3: Accounts payable increases when:

[A] Customers pay for goods previously purchased on credit

[B] A payment is made for goods purchased on credit

[C] Goods are sold on credit

[D] Goods are purchased on credit

problem4:  Which of the following is an ex of a fixed asset?

[A] Inventory

[B] Cash

[C] Building

[D] Supplies

problem5: Walker Corporation is planning to issue new 20-year bonds. Initially, the plan was to make the bond non-callable. If the bond were made callable after 5 years with a 5% call premium, how would this affect the bond’s required rate of return?

[A] There is no reason to expect a change in the required rate of return.

[B] The required rate of return would decline because the bond would then be less risky to a bondholder.

[C] The required rate of return would increase because the bond would then be more risky to a bondholder.

[D] It is impossible to say without more information.

[E] Because of the call premium, the required rate of return would decline.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M921459

Have any Question? 


Related Questions in Basic Finance

Comment on the following frank calls his broker to complain

Comment on the following: Frank calls his broker to complain that the stock the broker sold him has fallen in value and Frank has lost a lot of money. The broker says: "Look, I made money and the brokerage firm made mone ...

Multiple effects on the yield curve assume that1 investors

Multiple Effects on the Yield Curve: Assume that (1) investors and borrowers expect that the economy will weaken and that inflation will decline, (2) investors require a small liquidity premium, and (3) markets are parti ...

1 rate the following five websites from best to worst for

1. Rate the following five websites from best to worst for finding comparative financial ratio information about a company. Explain. 2. What might you do if you fail to find comparative financial ratio information and ne ...

Public finanace and budget apa formatusing your favorite

Public Finanace and budget/ apa format Using your favorite search engine, locate the federal budget and your state budget for the current fiscal year. Compare and contrast both budgets in an essay consisting of no less t ...

Political influence on interest rates offer an argument for

Political Influence on Interest Rates: Offer an argument for why a political regime that favors a large government will cause interest rates to be higher. Offer at least one example of why a political regime that favors ...

In 1803 the us doubled in size with the louisiana purchase

In 1803, the U.S. doubled in size with the Louisiana Purchase. That well-known real estatemogul Napoleon Bonaparte sold us 827,000 square miles (529,280,000 acres-there are 640 acresin a square mile). We paid $15 million ...

Governors of the federal reserve serve overlapping terms in

Governors of the Federal Reserve serve overlapping terms in office. When one governor is appointed, the others are at various points in their terms. Suppose a new law mandates that all governors be appointed at the same ...

What is the main difference between nominal and ordinal

What is the main difference between nominal and ordinal categorical data?

What exchange rate system did argentina adopt before 2002

What exchange rate system did Argentina adopt before 2002? Why? What factors contributed to the Argentina currency crisis? Write more information and conclusion about the questions.

You need a 35-year fixed-rate mortgage to buy a new home

You need a 35-year, fixed-rate mortgage to buy a new home for $245,000. Your mortgage bank will lend you the money at an APR of 5.4 percent for this 420-month loan. However, you can afford monthly payments of only $850, ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate