Reference no: EM131894416
1. A company sells used equipment with a book value of $100,000 for $250,000 cash. How would this transaction affect the company's balance sheet?
A. Equity rises $250,000; net plant and equipment falls $250,000.
B. Cash rises $250,000; net plant and equipment falls $100,000; equity rises $150,000.
C. Cash rises $250,000; accounts receivable falls $100,000; goodwill rises $150,000.
D. Cash rises $250,000; net plant and equipment falls $250,000.
2. A times-interest-earned ratio of 3.5 indicates that the firm:
A. pays 3.5 times its earnings in interest expense.
B. has interest expense equal to 3.5% of EBIT.
C. has interest expense equal to 3.5% of net income.
D. has EBIT equal to 3.5 times its interest expense.
|
What are some examples of e-contracts
: Today, when nearly everything is moving online, agreements are no different. Even in your daily life, you would have accepted licensing and other agreements.
|
|
What is the capitalized cost of the pump
: Because of corrosion, the feed pump to a batch reactor must be replaced every three years. What is the capitalized cost of the pump?
|
|
When we consider the risk-free rate of return
: When we consider the "risk-free" rate of return, which of the following risks are still present?
|
|
What would be the total dollar profit
: If Todd invests his $5,700 in Gallagher stock and the price of Gallagher's stock falls to $60 per share ex-rights, what would be his total dollar profit?
|
|
Transaction affect the company''s balance sheet
: A company sells used equipment with a book value of $100,000 for $250,000 cash. How would this transaction affect the company's balance sheet?
|
|
What explains the persistent discussion
: What explains the persistent discussion and debate of Darwin's theory of evolution even though it was first published over 150 years ago?
|
|
Determine the delivery charge for transporting parcel
: Determine the delivery charge for transporting a 40-pound parcel 20 miles. (Do not round your intermediate calculation. Round your answer to 2 decimal places)
|
|
Calculate the after-tax terminal value
: Calculate the After-Tax Terminal Value. Calculate the Present Value of Tax Savings from Depreciation.
|
|
What have others done to quit or stop that behavior
: Write what that is, describe how it is important to you, or how much you are attached to using.
|