A financial ______ should be carried out for any potential venture in the manufacturing se
A.break-even analysis
B.benefit streams
C.IRR analysis
D.capital cost
A.break-even analysis
B.benefit streams
C.IRR analysis
D.capital cost
Depending on one's perspective, a financial instrument can be ______.
A.an asset
B.a liability
C.either an asset or a liability
D.none of the above
The federal law and the FDIC's regulations have the same power of financial supervision.
A.Right
B.Wrong
C.Doesn't say
. Company Y’s fixed assets have a four-year useful life for financial purpose (which is double the useful life for tax purpose) and are depreciated using the straight-line method.
The effective tax rate for the company is closest to:
A.30.0%
B.26.7%
C.24.0%.
W: You are right. I find the comparison of financial statements between one year and the next, particularly helpful in understanding a company's performance.
Q: What are they talking about?
(16)
A.The performance of a company.
B.The financial statements.
C.The detailed information.
D.An extensive annual report.
A.The issuance of convertible bonds by a company results in a decrease in both its debt-to-equity and its interest coverage ratios.
B.The conversion of convertible bonds into common equity results in an increase in the company’s debt-to-equity ratio and an increase in the interest coverage ratio.
C.When there is a conversion of convertible debt into common equity, even if the market price exceeds the conversion price, no gain or loss may be reported on the financial statements.
A. An increase in tax expense and an increase to the debt-to-equity ratio.
B. An increase in tax expense and a decrease to the debt-to-equity ratio.
C. A decrease in tax expense and an increase to the debt-to-equity ratio.
听力原文:M: How to decide the amount of the loan granted to a banker's customer?
W: The banker will examine the detailed financial statements of the customer before making a decision.
Q: What should a banker do before a loan is made?
(13)
A.To make a decision quickly.
B.To make friends with the customer.
C.To know the position of the customer.
D.To examine the details of the financial statements.
A、to save the American economic and political system
B、to change the American economic system
C、to weaken monopoly interests in America
D、to nationalize banks and financial institutions in America
The capitalization of interest (versus expensing) will have which of the following effects on a company’s financial ratios?
A.Lower interest coverage ratio.
B.Lower debt-to-equity ratio.
C.Higher asset turnover ratio.
Which of the following best describes the classification of the lease on the company’s financial statements for 2008?
A.Operating lease.
B.Sales type lease.
C.Direct financing lease.
A. Unchanged total lease expense over the lease term.
B. Lower operating cash flows during the life of the finance lease.
C. Lower operating profit (margin) in the early years of the finance lease.