Free demos are understandable and part of the BEC Topic exam materials as well as the newest information for your practice. And because that our BEC Topic study guide has three versions: the PDF, Software and APP online. So accordingly, we offer three versions of free demos for you to download. Maybe on other web sites or books, you can also see the related training materials. But as long as you compare Omgzlook's product with theirs, you will find that our product has a broader coverage of the certification exam's outline. You can feel assertive about your exam with our 100 guaranteed professional BEC Topic practice engine for you can see the comments on the websites, our high-quality of our BEC Topic learning materials are proved to be the most effective exam tool among the candidates.
AICPA Certification BEC Because it's really a great help to you.
AICPA Certification BEC Topic - CPA Business Environment and Concepts Though the content is the same, but their displays are totally different and functionable. In order to prevent your life from regret and remorse, you should seize every opportunity which can change lives passibly. Did you do it? Omgzlook's AICPA BEC Reliable Braindumps exam training materials can help you to achieve your success.
And we can always give you the most professional services on our BEC Topic training guide. Our BEC Topic practice questions enjoy great popularity in this line. We provide our BEC Topic exam braindumps on the superior quality and being confident that they will help you expand your horizon of knowledge of the exam.
AICPA BEC Topic - We can help you to achieve your goals.
With the help of our BEC Topic practice materials, you can successfully pass the actual exam with might redoubled. Our company owns the most popular reputation in this field by providing not only the best ever BEC Topic study guide but also the most efficient customers’ servers. We can lead you the best and the fastest way to reach for the certification of BEC Topic exam dumps and achieve your desired higher salary by getting a more important position in the company.
Omgzlook AICPA BEC Topic exam training materials is the best training materials. If you're also have an IT dream.
BEC PDF DEMO:
QUESTION NO: 1
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).
QUESTION NO: 2
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: 3
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: 4
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: 5
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.
Compared with products from other companies, our ServiceNow CIS-VR practice materials are responsible in every aspect. When you suspect your level of knowledge, and cramming before the exam, do you think of how to pass the AICPA Microsoft PL-300-KR exam with confidence? Do not worry, Omgzlook is the only provider of training materials that can help you to pass the exam. Our ISACA COBIT-Design-and-Implementation practice guide well received by the general public for immediately after you have made a purchase for our ISACA COBIT-Design-and-Implementation exam prep, you can download our ISACA COBIT-Design-and-Implementation study materials to make preparations for the exams. Microsoft PL-300 - The SOFT version simulates the real exam which will give you more realistic feeling. That is to say, there is absolutely no mistake in choosing our Fortinet FCP_FCT_AD-7.2 test guide to prepare your exam, you will pass your exam in first try and achieve your dream soon.
Updated: May 26, 2022