Bondholders claims on the assets of the corporation rank ahead of stockholders
a. True
b. False
Indicate whether the statement is true or false
True
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Bailout Corporation Bailout Corporation reported the following information for the year ended December 31, 2012. Revenues $2,500,000 Expenses 2,000,000 Retained earnings at December 31, 2011 100,000 Retained earnings at December 31, 2012 450,000 Refer to the selected information provided for Bailout Corporation. How much was paid out in dividends in 2012?
A) $500,000 B) $150,000 C) $350,000 D) $250,000
Which of the following statements is False?
a. In a process costing system, manufacturing costs do not necessarily have to follow the physical flow of goods. b. The cost of the completed units in the predecessor departments are treated as input cost is sucessor departments. c. Transfered-in costs are treated the same as any other cost in the calculation of EUP and the cost of EUP. d. Costs incurred by predecessor departments are called transferred-in costs by the successor departments
If a project's net present value (NPV) is positive,:
A. its internal rate of return (IRR) is equal to the firm's required rate of return. B. it is not an acceptable project. C. it is an acceptable investment. D. the firm's required rate of return is not attainable. E. its payback period is greater than the maximum cost-recovery time established by the firm.
Accelerated depreciation has an advantage for profitable firms in that it moves some cash flows forward, thus increasing their present value. On the other hand, using accelerated depreciation generally lowers the reported current year's profits because of the higher depreciation expenses. However, the reported profits problem can be solved by using different depreciation methods for tax and stockholder reporting purposes.
Answer the following statement true (T) or false (F)