You can now get AICPA BEC Exam Dumps Free exam certification our Omgzlook have the full version of AICPA BEC Exam Dumps Free exam. You do not need to look around for the latest AICPA BEC Exam Dumps Free training materials, because you have to find the best AICPA BEC Exam Dumps Free training materials. Rest assured that our questions and answers, you will be completely ready for the AICPA BEC Exam Dumps Free certification exam. With all these products, your success is assured with 100% money back guarantee. BEC Exam Dumps Free Exam is just a piece of cake if you have prepared for the exam with the helpful of Omgzlook's exceptional study material. In your career, at least in the IT industry, your skills and knowledge will get international recognition and acceptance.
AICPA Certification BEC We have benefited a lot from those changes.
With it you can pass the difficult AICPA BEC - CPA Business Environment and Concepts Exam Dumps Free exam effortlessly. In our software version of the BEC Valid Exam Testking exam dumps, the unique point is that you can take part in the practice test before the real BEC Valid Exam Testking exam. You never know what you can get till you try.
But it does not matter, because I purchased Omgzlook's AICPA BEC Exam Dumps Free exam training materials. With it, I can pass the AICPA BEC Exam Dumps Free exam easily. Road is under our feet, only you can decide its direction.
AICPA BEC Exam Dumps Free - Your life will be even more exciting.
With all the questons and answers of our BEC Exam Dumps Free study materials, your success is 100% guaranteed. Moreover, we have Demos as freebies. The free demos give you a prove-evident and educated guess about the content of our BEC Exam Dumps Free practice questions. As long as you make up your mind on this BEC Exam Dumps Free exam, you can realize their profession is unquestionable. And you will be surprised to find the high-quality of our BEC Exam Dumps Free exam braindumps.
In order to meet the different need from our customers, the experts and professors from our company designed three different versions of our BEC Exam Dumps Free exam questions for our customers to choose, including the PDF version, the online version and the software version. Though the content of these three versions is the same, the displays have their different advantages.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 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
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
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.
IIA IIA-CIA-Part3-3P-KR - According to your need, you can choose the most suitable version of our CPA Business Environment and Concepts guide torrent for yourself. With our Fortinet FCP_FCT_AD-7.2 exam Practice, you will feel much relax for the advantages of high-efficiency and accurate positioning on the content and formats according to the candidates’ interests and hobbies. Of course, a lot of problems such as soft test engine appeared some faults or abnormal stating run phenomenon of our Microsoft MB-230 exam question, these problems cannot be addressed by simple language, we will service a secure remote assistance for users and help users immediate effectively solve the existing problems of our Microsoft MB-230 torrent prep, thus greatly enhance the user experience, beneficial to protect the user's learning resources and use digital tools, let users in a safe and healthy environment to study Microsoft MB-230 exam question. Our Cisco 700-695 exam materials are absolutely safe and virus-free. VMware 2V0-11.24 - They can not only achieve this, but ingeniously help you remember more content at the same time.
Updated: May 26, 2022