In other words, we will be your best helper. All kinds of exams are changing with dynamic society because the requirements are changing all the time. To keep up with the newest regulations of the BEC Cram Examexam, our experts keep their eyes focusing on it. With the help of our BEC Cram Exam exam questions, your review process will no longer be full of pressure and anxiety. With our BEC Cram Exam study materials, only should you take about 20 - 30 hours to preparation can you attend the exam. When you send us a message, we will reply immediately and we will never waste your precious time on studying our BEC Cram Exam practice quiz.
AICPA Certification BEC And you can pass the exam successfully.
Please be assured that with the help of BEC - CPA Business Environment and Concepts Cram Exam learning materials, you will be able to successfully pass the exam. And then, to take AICPA BEC Latest Test Simulator Fee exam can help you to express your desire. Don't worry.
If you buy our BEC Cram Exam learning guide, you will find that the exam is just a piece of cake in front of you. As we all know, the preparation process for an exam is very laborious and time- consuming. We had to spare time to do other things to prepare for BEC Cram Exam exam, which delayed a lot of important things.
Actually, AICPA BEC Cram Exam exam really make you anxious.
After our unremitting efforts, BEC Cram Exam learning guide comes in everybody's expectation. Our professional experts not only have simplified the content and grasp the key points for our customers, but also recompiled the BEC Cram Exam preparation materials into simple language so that all of our customers can understand easily no matter which countries they are from. In such a way, you will get a leisure study experience as well as a doomed success on your coming BEC Cram Exam exam.
Every version of BEC Cram Exam study materials that we provide to you has its own advantage: the PDF version has no equipment limited, which can be read anywhere; the online version can use on any electronic equipment there is network available; the software version can simulate the real BEC Cram Exam exam environment to let you have more real feeling to BEC Cram Exam real exam, besides the software version can be available installed on unlimited number devices.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
Corbin Inc. can issue three-month commercial paper with a face value of $1,000,000 for
$980,000.
Transaction costs would be $1,200. The effective annualized percentage cost of the financing, based on a
3 60-day year, would be:
A. 2.16%
B. 8.48%
C. 8.65%
D. 8.00%
Answer: C
Explanation:
Choice "c" is correct. The cost to issue the commercial paper is the $20,000 original issue discount ( $1 million - $980,000), plus transaction costs of $1,200 for a total of $21,200. Therefore, it costs $21,200 to
borrow $980,000 for 3 months. The 3-month interest cost is 2.16% ($21,200 / $980,000).
The annual interest cost is 8.65%
Choices "a", "b", and "d" are incorrect, per the above calculation.
QUESTION NO: 3
An increase in government spending will tend to cause:
A. Real GDP to fall and unemployment to rise.
B. Real GDP to rise and unemployment to fall.
C. Real GDP to rise and unemployment to rise.
D. Real GDP to fall and unemployment to fall.
Answer: B
Explanation:
Choice "b" is correct. An increase in government spending causes an increase in aggregate demand
(i.e.,
causes the aggregate demand curve to shift right). As a result, an increase in government spending causes real GDP to rise and unemployment to fall.
Choice "a" is incorrect. Real GDP will rise, not fall.
Choice "c" is incorrect. Unemployment will fall, not rise.
Choice "d" is incorrect. Real GDP will rise, not fall.
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
Which of the following is incorrect with regard to value chain analysis?
A. Value chain analysis must be used in conjunction with the strategic plan of the organization.
B. Value chain analysis is critical to assessing the competitive advantage of a firm.
C. Value chain analysis is a strategic tool that assists the firm in determining how important the perceived
value of the buyers is with respect to the market the firm operates in.
D. The value chain starts with the firm and goes all the way through to the end users of the product.
Answer: D
Explanation:
Choice "d" is an incorrect statement and the correct choice. The best description of a value chain is that
value starts with the suppliers who provide the raw materials for a production process, continues with the
firm and its strategic plan, continues with the value created by the customers, and then ends with th e
disposal and recycling of the materials.
Choices "a", "b", and "c" are incorrect, as all are correct statements with regard to value chain analysis.
By passing the exams multiple times on practice test software, you will be able to pass the real PECB ISO-IEC-27005-Risk-Manager test in the first attempt. In order to benefit more candidates, we often give some promotion about our Juniper JN0-460 pdf files. Dell D-PVMD24-DY-A-00 - We are on the same team, and it is our common wish to help your realize it. We have money refund policy to ensure your interest in case the failure of Oracle 1Z0-819 actual test. Our HP HPE7-A01 training materials have won great success in the market.
Updated: May 26, 2022