The argument for measuring held-to-maturity debt securities at amortized cost and ignoring most changes in fair value during the contractual term of the debt is/are
a. changes in fair value are not relevant if the firm has the intention and ability to hold the securities to maturity.
b. firms would recognize impairment losses because of conservatism.
c. firms would recognize impairment losses because of impairments due to changes in default risk that reflect changes in the amount the investor is likely to receive.
d. all of the above
e. none of the above
D
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Free cash flow is the measure of operating cash flow available for corporate purposes after providing sufficientfixed asset additions to maintain current productive capacity
a. True b. False Indicate whether the statement is true or false
What are Herzberg’s lower order needs called?
a. Hygiene factors b. Intrinsic factors c. Motivating factors d. Actualization
In the first stage of a negotiation, both parties have to
A. set an agenda. B. discuss what is not acceptable in the negotiation. C. establish their BATNA. D. agree on what to do if an agreement is not reached.
At a sales volume of 38,000 units, Tirri Corporation's property taxes (a cost that is fixed with respect to sales volume) total $733,400. To the nearest whole cent, what should be the average property tax per unit at a sales volume of 37,300 units? (Assume that this sales volume is within the relevant range.)
A. $19.48 B. $19.72 C. $19.66 D. $19.30