With the rise of internet and the advent of knowledge age, mastering knowledge about computer is of great importance. This BEC Exam Dumps Demo exam is your excellent chance to master more useful knowledge of it. Up to now, No one has questioned the quality of our BEC Exam Dumps Demo training materials, for their passing rate has reached up to 98 to 100 percent. And our online test engine and the windows software of the BEC Exam Dumps Demo guide materials are designed more carefully. During our researching and developing, we always obey the principles of conciseness and exquisiteness. You will become a master of learning in the eyes of others.
AICPA Certification BEC We guarantee that you can pass the exam easily.
AICPA Certification BEC Exam Dumps Demo - CPA Business Environment and Concepts If not, your usage of our dump this time will make you treat our Omgzlook as the necessary choice to prepare for other IT certification exams later. Omgzlook is a website that provide accurate exam materials for people who want to participate in the IT certification. Omgzlook can help a lot of IT professionals to enhance their career blueprint.
The secret that Omgzlook helps many candidates pass BEC Exam Dumps Demo exam is AICPA exam questions attentively studied by our professional IT team for years, and the detailed answer analysis. We constantly updated the BEC Exam Dumps Demo exam materials at the same time with the exam update. We try our best to ensure 100% pass rate for you.
AICPA BEC Exam Dumps Demo - PDF version is easy for read and print out.
Omgzlook is a reliable site offering the BEC Exam Dumps Demo valid study material supported by 100% pass rate and full money back guarantee. Besides, our BEC Exam Dumps Demo training material is with the high quality and can simulate the actual test environment, which make you feel in the real test situation. You can get the latest information about the BEC Exam Dumps Demo real test, because our Omgzlook will give you one year free update. You can be confident to face any difficulties in the BEC Exam Dumps Demo actual test no matter any changes.
Once you have well prepared with our BEC Exam Dumps Demo dumps collection, you will go through the formal test without any difficulty. To help people pass exam easily, we bring you the latest BEC Exam Dumps Demo exam prep for the actual test which enable you get high passing score easily in test.
BEC PDF DEMO:
QUESTION NO: 1
Demand for a product tends to be price inelastic if:
A. The product is considered a luxury item.
B. Few good complements for the product are available.
C. People spend a large share of their income on the product.
D. Few good substitutes are available for the product.
Answer: D
Explanation:
Choice "d" is correct. Demand for a product tends to be price inelastic if few good substitutes are available
for the product. Even if price increases, consumers are then unable to switch to substitute goods, because there aren't any.
Choice "a" is incorrect. Luxury items may have good substitutes available.
Choice "b" is incorrect. Complementary goods are those whose demand fluctuates in unison; substitute
goods are more relevant here.
Choice "c" is incorrect. If consumers spend a large share of their income on the product, they will be very
sensitive to any price changes and hence product demand would be more "elastic."
QUESTION NO: 2
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: 3
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: 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
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:.
Our website aimed to help you to get through your certification test easier with the help of our valid ISC CISSP vce braindumps. The contents of EMC D-MN-OE-23 exam torrent are compiled by our experts through several times of verification and confirmation. Oracle 1z0-1084-24 - Though PayPal require that sellers should be "Quality first, integrity management", if your products and service are not like what you promise, PayPal will block sellers' account. You can get prepared with our Fortinet FCP_FAZ_AD-7.4 exam materials only for 20 to 30 hours before you go to attend your exam. Try our Fortinet FCP_FGT_AD-7.4 free demo before you buy, you will be surprised by our high quality Fortinet FCP_FGT_AD-7.4 pdf vce.
Updated: May 26, 2022