Our BEC Reliable Practice Questions Download} exam software will test the skills of the customers in a virtual exam like situation and will also highlight the mistakes of the candidates. The free BEC Reliable Practice Questions Download exam updates feature is one of the most helpful features for the candidates to get their preparation in the best manner with latest changes. The AICPA introduces changes in the BEC Reliable Practice Questions Download format and topics, which are reported to our valued customers. First and foremost, the pass rate on our BEC Reliable Practice Questions Download exam dumps among our customers has reached as high as 98% to 100%, which marks the highest pass rate in the field, we are waiting for you to be the next beneficiary. Second, you can get our BEC Reliable Practice Questions Download practice dumps only in 5 to 10 minutes after payment, which enables you to devote yourself to study as soon as possible. Everyone knows that time is very important and hopes to learn efficiently, especially for those who have taken a lot of detours and wasted a lot of time.
AICPA Certification BEC The knowledge you have learned is priceless.
You can much more benefited form our BEC - CPA Business Environment and Concepts Reliable Practice Questions Download study guide. To choose us is to choose success! It is an incredible opportunity among all candidates fighting for the desirable exam outcome to have our BEC Reliable Study Questions Book practice materials.
But the BEC Reliable Practice Questions Download test prep we provide are compiled elaborately and it makes you use less time and energy to learn and provide the study materials of high quality and seizes the focus the exam. It lets you master the most information and costs you the least time and energy. The BEC Reliable Practice Questions Download prep torrent we provide will cost you less time and energy.
AICPA BEC Reliable Practice Questions Download - The downloading process is operational.
Regarding the process of globalization, every fighter who seeks a better life needs to keep pace with its tendency to meet challenges. BEC Reliable Practice Questions Download certification is a stepping stone for you to stand out from the crowd. Nowadays, having knowledge of the BEC Reliable Practice Questions Download study braindumps become widespread, if you grasp solid technological knowledge, you are sure to get a well-paid job and be promoted in a short time. According to our survey, those who have passed the exam with our BEC Reliable Practice Questions Download test guide convincingly demonstrate their abilities of high quality, raise their professional profile, expand their network and impress prospective employers.
As a result, many students have bought materials that are not suitable for them and have wasted a lot of money. But BEC Reliable Practice Questions Download guide torrent will never have similar problems, not only because BEC Reliable Practice Questions Download exam torrent is strictly compiled by experts according to the syllabus, which are fully prepared for professional qualification examinations, but also because BEC Reliable Practice Questions Download guide torrent provide you with free trial services.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 4
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: 5
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.
As long as you spare one or two hours a day to study with our latest HP HPE0-J68 quiz prep, we assure that you will have a good command of the relevant knowledge before taking the exam. Passing the Huawei H35-672_V1.0 test certification does not only prove that you are competent in some area but also can help you enter in the big company and double your wage. What's more, during the whole year after purchasing, you will get the latest version of our Cisco 700-245 study materials for free. If you buy our Scrum PAL-I preparation questions, you can use our Scrum PAL-I practice engine for study in anytime and anywhere. In order to cater to the different needs of people from different countries in the international market, we have prepared three kinds of versions of our Cisco 300-715 learning questions in this website.
Updated: May 26, 2022