With the Omgzlook's AICPA BEC Test Camp exam training materials, you will have better development in the IT industry. You can enjoy the treatment of high-level white-collar, and you can carve out a new territory in the internation. Are you still worried about your exam? Omgzlook's AICPA BEC Test Camp exam training materials will satisfy your desire. If you really want to pass the BEC Test Camp exam faster, choosing a professional product is very important. Our BEC Test Camp study materials can be very confident that we are the most professional in the industry's products. Everyone has the potential to succeed, the key is what kind of choice you have.
AICPA Certification BEC We are committed to your success.
Based on the credibility in this industry, our BEC - CPA Business Environment and Concepts Test Camp study braindumps have occupied a relatively larger market share and stable sources of customers. At present, AICPA Exam BEC Questions exam is very popular. Do you want to get AICPA Exam BEC Questions certificate? If it is ok, don't hesitate to sign up for the exam.
Our BEC Test Camp study braindumps are so popular in the market and among the candidates that is because that not only our BEC Test Camp learning guide has high quality, but also our BEC Test Camp practice quiz is priced reasonably, so we do not overcharge you at all. Meanwhile, our exam materials are demonstrably high effective to help you get the essence of the knowledge which was convoluted. As long as you study with our BEC Test Camp exam questions for 20 to 30 hours, you will pass the exam for sure.
AICPA BEC Test Camp - In fact we have no limit for computer quantity.
The clients only need 20-30 hours to learn the BEC Test Camp exam questions and prepare for the test. Many people may complain that we have to prepare for the BEC Test Camp test but on the other side they have to spend most of their time on their most important things such as their jobs, learning and families. But if you buy our BEC Test Camp study guide you can both do your most important thing well and pass the test easily because the preparation for the test costs you little time and energy.
High quality and accurate of BEC Test Camp pass guide will be 100% guarantee to clear your test and get the certification with less time and effort. Our valid BEC Test Camp exam dumps will provide you with free dumps demo with accurate answers that based on the real exam.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 4
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: 5
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.
EMC D-ISM-FN-23-KR - There are some loopholes or systemic problems in the use of a product, which is why a lot of online products are maintained for a very late period. Updated Dell D-PDPS4400-A-01 vce dumps ensure the accuracy of learning materials and guarantee success of in your first attempt. Our experts will check whether there is an update every day, so you needn’t worry about the accuracy of Dell D-AX-DY-A-00 study materials. Scrum PSK-I - Omgzlook enjoys the reputation of a reliable study material provider to those professionals who are keen to meet the challenges of industry and work hard to secure their positions in it. If you prepare with our Qlik QSDA2024 actual exam for 20 to 30 hours, the Qlik QSDA2024 exam will become a piece of cake in front of you.
Updated: May 26, 2022