As long as you are willing to exercise on a regular basis, the BEC Reliable Test Collection Materials exam will be a piece of cake, because what our BEC Reliable Test Collection Materials practice materials include is quintessential points about the exam. And our high pass rate as 98% to 100% are all proved data form our customers who had attended the BEC Reliable Test Collection Materials exam and got their success with the help of our BEC Reliable Test Collection Materials study dumps. So just come on and join our success! You can check out the interface, question quality and usability of our BEC Reliable Test Collection Materials practice exams before you decide to buy it. You can download our BEC Reliable Test Collection Materials test engine and install it on your phone or other device, then if you are waiting for the bus or on the subway, you can take BEC Reliable Test Collection Materials exam dumps out for study. On the other hand, Software version of our BEC Reliable Test Collection Materials practice questions is also welcomed by customers, especially for windows users.
So the BEC Reliable Test Collection Materials exam is a great beginning.
As a consequence you are able to keep pace with the changeable world and remain your advantages with our BEC - CPA Business Environment and Concepts Reliable Test Collection Materials training braindumps. One more to mention, we can help you make full use of your sporadic time to absorb knowledge and information. We would like to provide our customers with different kinds of BEC Latest Test Fee practice guide to learn, and help them accumulate knowledge and enhance their ability.
If you put just a bit of extra effort, you can score the highest possible score in the real BEC Reliable Test Collection Materials exam because our BEC Reliable Test Collection Materials exam preparation dumps are designed for the best results. Start learning the futuristic way. BEC Reliable Test Collection Materials exam practice software allows you to practice on real BEC Reliable Test Collection Materials questions.
AICPA BEC Reliable Test Collection Materials - You can totally rely on us.
If you buy online classes, you will need to sit in front of your computer on time at the required time; if you participate in offline counseling, you may need to take an hour or two of a bus to attend class. But if you buy BEC Reliable Test Collection Materials test guide, things will become completely different. Unlike other learning materials on the market, CPA Business Environment and Concepts torrent prep has an APP version. You can download our app on your mobile phone. And then, you can learn anytime, anywhere. Whatever where you are, whatever what time it is, just an electronic device, you can do exercises. With CPA Business Environment and Concepts torrent prep, you no longer have to put down the important tasks at hand in order to get to class; with BEC Reliable Test Collection Materials exam questions, you don’t have to give up an appointment for study.
Omgzlook's study guides are your best ally to get a definite success in BEC Reliable Test Collection Materials exam. The guides contain excellent information, exam-oriented questions and answers format on all topics of the certification syllabus.
BEC PDF DEMO:
QUESTION NO: 1
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: 2
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: 3
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: 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
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.
The clients can download our Fortinet NSE6_FNC-7.2 exam questions and use our them immediately after they pay successfully. If for any reason, a candidate fails in Amazon SAA-C03-KR exam then he will be refunded his money after the refund process. Our experts have plenty of experience in meeting the requirement of our customers and try to deliver satisfied SAP C_THR95_2405 exam guides to them. IIA IIA-CIA-Part2-KR - Omgzlook offers the most comprehensive and updated braindumps for AICPA’s certifications. Juniper JN0-223 - We also welcome the suggestions from our customers, as long as our clients propose rationally.
Updated: May 26, 2022