How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask CoachChris Your Own Question

CoachChris
CoachChris, Tutor
Category: Homework
Satisfied Customers: 31
Experience:  BSBA in Finance and Banking, French minor, Completed CFA exams
26050461
Type Your Homework Question Here...
CoachChris is online now
A new question is answered every 9 seconds

1. The Principle of Capital Market Efficiency says that market

This answer was rated:

1. The Principle of Capital Market Efficiency says that market prices of financial assets that are traded regularly in the capital markets reflect:
a. all available information and adjust partially and quickly to “new” information.
b. all available information and adjust fully but slowly to “new” information.
c. most available information and adjust fully and quickly to “new” information.
d. all available information and adjust fully and quickly to “new” information.

2. A yield curve or term structure of interest rates is .
a. upward sloping if yields increase with maturity
b. downward sloping if yields decrease with maturity
c. upward sloping if yields decrease with maturity
d. both a & b are correct

3. Which of the following statements is false?
a. Ethical behavior implies that people makes correct personal judgments about right and wrong for the good of society and the environment.
b. Ethical behavior leads to fines and legal expenses.
c. Ethical behavior requires the principals and agents comply with rules and regulations that govern behavior.
d. Ethical behavior attracts and keeps high-quality employees and managers.

4. Select the true statement(s).
a. Capital gain is the difference between what an asset is sold for and its book value, typically referring to an asset that has been owned at least a year.
b. Tax-timing option is the option to sell an asset and claim a loss for tax purposes or not to sell the asset and defer a capital gain tax.
c. Progressive tax system is a tax system wherein the average tax rate rises for some increases in income but never decreases with an increase in income.
d. all of these

5. Select the false statement(s).
a. Net working capital is the difference between what an asset is sold for and its book value.
b. Progressive tax system is the option to sell an asset and claim a loss for tax purposes or not to sell the asset and defer a capital gain tax.
c. Net income is the difference between what an asset is sold for and its book value, typically referring to an asset that has been owned for at least a year.
d. all of these

6. Which of the following is a use of cash that would appear on the statement of cash flows?
a. accumulated depreciation
b. purchase of marketable securities
c. receipt of interest payments
d. decrease in accounts receivable

7. Compute EPS, given the following information: interest expense: $40,000; net income: $400,000; preferred dividends paid: $65,000; common dividends paid: $100,000; common stock outstanding: 100,000 shares.
a. $1.95
b. $3.35
c. $2.35
d. $3.60
THIS ANSWER IS LOCKED!

You need to spend $3 to view this post. Add Funds to your account and buy credits.
CoachChris and other Homework Specialists are ready to help you

Related Homework Questions