But now with our BEC Valid Dumps Free Download materials, passing the exam has never been so fast or easy. BEC Valid Dumps Free Download materials are not only the more convenient way to pass exam, but at only little time and money you get can access to all of the exams from every certification vendor. Our BEC Valid Dumps Free Download materials are more than a study materials, this is a compilation of the actual questions and answers from the BEC Valid Dumps Free Download exam. And no matter which format of BEC Valid Dumps Free Download study engine you choose, we will give you 24/7 online service and one year's free updates. Moreover, we can assure you a 99% percent pass rate. However, unless you have updated BEC Valid Dumps Free Download exam materials, or passing the exam's mystery is quite challenging.
AICPA Certification BEC And you will have the demos to check them out.
Since we release the first set of the BEC - CPA Business Environment and Concepts Valid Dumps Free Download quiz guide, we have won good response from our customers and until now---a decade later, our products have become more mature and win more recognition. So we are deeply moved by their persistence and trust. Your support and praises of our BEC Pass4Sure Pass Guide study guide are our great motivation to move forward.
How to get the test BEC Valid Dumps Free Download certification in a short time, which determines enough qualification certificates to test our learning ability and application level. This may be a contradiction of the problem, we hope to be able to spend less time and energy to take into account the test BEC Valid Dumps Free Download certification, but the qualification examination of the learning process is very wasted energy, so how to achieve the balance? Our BEC Valid Dumps Free Download exam prep can be done with its high-efficient merit. Try it now!
AICPA BEC Valid Dumps Free Download - It is absolutely trustworthy website.
Our windows software and online test engine of the BEC Valid Dumps Free Download exam questions are suitable for all age groups. At the same time, our operation system is durable and powerful. So you totally can control the BEC Valid Dumps Free Download study materials flexibly. It is enough to wipe out your doubts now. If you still have suspicions, please directly write your questions and contact our online workers. And we will give you the most professions suggestions on our BEC Valid Dumps Free Download learning guide.
From the time when you decide whether to purchase our BEC Valid Dumps Free Download exam software or not, we have provided you with comprehensive guarantees, including free demo download before buying, payment guarantee in purchase process, one-year free update service after you purchased BEC Valid Dumps Free Download exam software, and full refund guarantee of dump cost if you fail BEC Valid Dumps Free Download exam certification, which are all our promises to ensure customer interests. Many times getting a right method is important and more efficient than spending too much time and money in vain.
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 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: 4
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: 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.
Secondly, the price of our SAP C-HRHPC-2405 learning guide is quite favourable than the other websites'. Although our Omgzlook cannot reduce the difficulty of Dell D-DPS-A-01 exam, what we can do is to help you reduce the difficulty of the exam preparation. We are so confident in our SAP C_TS422_2023 study materials because they have their own uniqueness. ISQI CTFL-Foundation - While others are surprised at your achievement, you might have found a better job. HP HPE6-A85 - Even if you find that part of it is not for you, you can still choose other types of learning materials in our study materials.
Updated: May 26, 2022