题目内容
Which of the following is the appropriate redemption price when bonds are called according to the sinking fund provision
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Two growing companies are identical except that Company X capitalizes whereas Company Y expenses costs for long-lived resources. Which of the following statements about financial statement effects is FALSE Company X will show:
| A. lower income variability. |
B.
| B. higher leverage ration. |
C.
| C. higher cash flows from operations. |
If the money market yield is 3. 792 percent on a T-bill with 79 days to maturity, what is the holding period yield
| A. 0.77%. |
B.
| B. 0.83%. |
C.
| C. 0.89%. |
During 2007, Brownfield Incorporated purchased $140 million of inventory. For the year just ended, Brownfield reported cost of goods sold of $130 million. Inventory at year-end was $45 million. Calculate inventory turnover for the year.
| A. 2.89. |
B.
| B. 3.25. |
C.
| C. 3.50. |
A company issued an annual-pay bond with the following characteristics:
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