Therefore, you are able to get hang of the essential points in a shorter time compared to those who are not willing to use our BEC Valid Dumps Free exam torrent. We guarantee that after purchasing our BEC Valid Dumps Free exam torrent, we will deliver the product to you as soon as possible within ten minutes. So you don’t need to wait for a long time and worry about the delivery time or any delay. With the help of our BEC Valid Dumps Free dumps collection, all level of candidates can grasp the key content of the real exam and solve the difficulty of BEC Valid Dumps Free real questions easily. The most important is that our test engine enables you practice BEC Valid Dumps Free exam pdf on the exact pattern of the actual exam. Passing a BEC Valid Dumps Free exam to get a certificate will help you to look for a better job and get a higher salary.
AICPA Certification BEC There is no doubt that you can get a great grade.
You can also try the simulated exam environment with BEC - CPA Business Environment and Concepts Valid Dumps Free software on PC. All Exam BEC Forum test prep is made without levity and the passing rate has up to 98 to 100 percent now. We esteem your variant choices so all these versions of Exam BEC Forum exam guides are made for your individual preference and inclination.
In a word, our BEC Valid Dumps Free exam questions have built good reputation in the market. We sincerely hope that you can try our BEC Valid Dumps Free learning quiz. You will surely benefit from your correct choice.
AICPA BEC Valid Dumps Free - It is very easy and convenient to use and find.
As the employment situation becoming more and more rigorous, it’s necessary for people to acquire more BEC Valid Dumps Free skills and knowledge when they are looking for a job. Enterprises and institutions often raise high acquirement for massive candidates, and aim to get the best quality talents. Thus a high-quality BEC Valid Dumps Free certification will be an outstanding advantage, especially for the employees, which may double your salary, get you a promotion. So choose us, choose a brighter future.
Being dedicated to these practice materials painstakingly and pooling useful points into our BEC Valid Dumps Free exam materials with perfect arrangement and scientific compilation of messages, our BEC Valid Dumps Free practice materials can propel the exam candidates to practice with efficiency. Our experts are constantly looking for creative way to immortalize our BEC Valid Dumps Free actual exam in this line.
BEC PDF DEMO:
QUESTION NO: 1
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: 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
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.
Salesforce ADM-261 - There is an old saying goes, good memory is inferior to sodden ability to write, so we believe that it is a highly productive way for you to memory the knowledge point and review the reference books more effectively. Amazon AIF-C01 exam questions can fuel your speed and help you achieve your dream. So without doubt, our CompTIA PT0-002 exam questions are always the latest and valid. EMC D-XTR-MN-A-24 - It is easy for you to pass the exam because you only need 20-30 hours to learn and prepare for the exam. So if you are in a dark space, our CompTIA N10-009 exam questions can inspire you make great improvements.
Updated: May 26, 2022