If you really lack experience, you do not know which one to choose. You can consult our professional staff. If you are now determined to go to research, there is still a little hesitation in product selection. Excellent & valid VCE dumps will make you achieve your dream and go to the peak of your life ahead of other peers. Time is nothing; timing is everything. And our BEC Free exam dumps also add vivid examples and accurate charts to stimulate those exceptional cases you may be confronted with.
AICPA Certification BEC You can download our app on your mobile phone.
Now you can learn BEC - CPA Business Environment and Concepts Free skills and theory at your own pace and anywhere you want with top of the BEC - CPA Business Environment and Concepts Free braindumps, you will find it's just like a pice a cake to pass BEC - CPA Business Environment and Concepts Freeexam. BEC Exam Passing Score practice materials stand the test of time and harsh market, convey their sense of proficiency with passing rate up to 98 to 100 percent. They are 100 percent guaranteed BEC Exam Passing Score learning quiz.
They will prove the best alternative of your time and money. What's more, our customers’ care is available 24/7 for all visitors on our pages. You can put all your queries and get a quick and efficient response as well as advice of our experts on BEC Free certification tests you want to take.
So are our AICPA BEC Free exam braindumps!
Our BEC Free training materials are regarded as the most excellent practice materials by authority. Our company is dedicated to researching, manufacturing, selling and service of the BEC Free study guide. Also, we have our own research center and experts team. So our products can quickly meet the new demands of customers. That is why our BEC Free exam questions are popular among candidates. we have strong strenght to support our BEC Free practice engine.
This is built on our in-depth knowledge of our customers, what they want and what they need. It is based on our brand, if you read the website carefully, you will get a strong impression of our brand and what we stand for.
BEC PDF DEMO:
QUESTION NO: 1
A working capital technique that increases the payable float and, therefore, delays the outflow of cash is:
A. Concentration banking.
B. A draft.
C. A lock-box system.
D. The use of a local post office box.
Answer: B
Explanation:
Choice "b" is correct. A draft is a working capital technique that increases the payable float and, therefore,
delays the outflow of cash.
Each of the three following choices accelerate the flow of cash and/or data:
Choice "a" is incorrect. Concentration banking automatically channels funds from every source of the business into a single usable account, thus quickly identifying available funds each day, and moving them
to accounts that have funding requirements that day, and investing the remainder in short-term, interestbearing instruments until needed.
Choice "c" is incorrect. A lock-box system is simply a central collection location that receives payment checks (generally, the bank where a central checking account is maintained by the firm).
Choice "d" is incorrect. The use of a local post office box allows more rapid access to mail than actual delivery to a street address.
QUESTION NO: 2
If a firm increases its cash balance by issuing additional shares of common stock, working capital:
A. Remains unchanged and the current ratio remains unchanged.
B. Increases and the current ratio remains unchanged.
C. Increases and the current ratio decreases.
D. Increases and the current ratio increases.
Answer: D
Explanation:
Choice "d" is correct. If a firm increases its cash balance by issuing additional shares of common stock,
working capital increases and the current ratio increases.
QUESTION NO: 3
Youngsten Electric is contemplating new projects for the next year that will require
$30,000,000 of new
financing. In keeping with its capital structure, Youngsten plans to use debt & equity financing as follows:
* Issue $10,000,000 of 20-year bonds at a price of 101.5, with a coupon of 10%, and flotation costs of
2 .5% of par value.
* Use internal funds generated from earnings of $20,000,000.
The equity market is expected to earn 15%. U.S. treasury bonds currently are yielding 9%. The beta coefficient for Youngsten's common stock is estimated to be .8. Youngsten is subject to a 40% corporate
income tax rate. Youngsten has a price/earnings ratio of 10, a constant dividend payout ratio of 40%, and
an expected growth rate of 12%.
An analysis of Youngsten's planned equity financing using Capital Asset Pricing Model (or Security
Market Line) would incorporate only the:
A. Expected market earnings, the current U.S. Treasury bond yield, and the beta coefficient.
B. Expected market earnings and the price' earnings ratio.
C. Current U.S. Treasury bond yield, the price/earnings ratio, and the beta coefficient.
D. Current U.S. Treasury bond yield and the dividend payout ratio.
Answer: A
Explanation:
Choice "a" is correct. The capital asset pricing model formula is:
R = RF + B (RM-RF)
Where:
R = Required return rate on equity
RF = Risk free rate earned on U.S. treasury bonds.
B = Beta coefficient
RM = Expected market return (earnings).
Choices "b", "c", and "d" are incorrect, per the above Explanation:.
QUESTION NO: 4
A project's net present value, ignoring income tax considerations, is normally affected by the:
A. Proceeds from the sale of the asset to be replaced.
B. Carrying amount of the asset to be replaced by the project.
C. Amount of annual depreciation on the asset to be replaced.
D. Amount of annual depreciation on fixed assets used directly on the project.
Answer: A
Explanation:
Choice "a" is correct. A project's net present value is a function of current and future cash flows, including
proceeds from the sale of the old asset.
Choice "b" is incorrect. A project's net present value is a function of current and future cash flows.
The carrying amount of the asset does not affect cash flows.
Choice "c" is incorrect. A project's net present value is a function of current and future cash flows.
Depreciation is a noncash item and does not affect cash flows.
Choice "d" is incorrect. A project's net present value is a function of current and future cash flows.
Depreciation is a noncash item and does not affect cash flows.
QUESTION NO: 5
Which of the following statements regarding the existence of substitute products is true?
A. The impact of substitutes will have more of an effect on the competitive environment of a firm if the
substitutes are readily available for customers to obtain.
B. When the cost of buyers switching to new products is high, the effect of substitutes on the competitive
environment of a firm is high.
C. If many close substitutes exist, buyers have little choice of products and may be willing to pay a higher
price for the products that are available.
D. If substitutes have equal performance and are priced at or below the firm's product, the competitive
force of substitutes with respect to the firm is weak.
Answer: A
Explanation:
Choice "a" is correct. The impact of substitutes will have more of an effect on the competitive environment
of a firm if the substitutes are readily available to consumers.
Choice "b" is incorrect. When the cost of buyers switching to new products is low (not high), the effect of
substitutes on the competitive environment of a firm is high.
Choice "c" is incorrect. If few (not many close) substitutes exist, buyers have little choice of products and
may be willing to pay a higher price for the products that are available.
Choice "d" is incorrect. If substitutes have equal performance and are priced at or below the firm's product,
the competitive force of substitutes with respect to the firm is strong (not weak).
So, high quality and high accuracy rate EMC D-PCM-DY-23 practice materials are your ideal choice this time. You can learn Pegasystems PEGACPBA88V1 quiz torrent skills and theory at your own pace, and you are not necessary to waste your time on some useless books or materials and you will save more time and energy that you can complete other thing. So you will never have to worry that the exam questions and answers will be outdated one day for our experts are always keeping on updating the Genesys GCX-SCR study materials to the most precise. IBM C1000-180 - So you won’t be pestered with the difficulties of the exam any more. Omgzlook is a professional website to specially provide training tools for IT certification exams and a good choice to help you pass Fortinet NSE5_FSM-6.3 exam,too.
Updated: May 26, 2022