Only firms with good credit ratings are able to sell commercial paper.?
Answer the following statement true (T) or false (F)
True
You might also like to view...
Use the word "can" instead of the phrase "you have the capability" to make your sentence more concise and avoid what?
A) Parallelism B) A "you" statement C) Wordy phrases D) Too many pronouns E) Hedging
Johnson Inc. and C&K Company entered into an exchange of real property. Here is the information for the properties to be exchanged. Johnson C&K FMV$900,000 $675,000 Adjusted tax basis 593,000 462,000 Mortgage 200,000 -0- Pursuant to the exchange, C&K paid $25,000 cash to Johnson and assumed the mortgage on the Johnson property. Compute C&K's gain recognized on the exchange and its tax basis in the property received from Johnson.
A. No gain recognized; $487,000 basis in Johnson property. B. No gain recognized; $462,000 basis in Johnson property. C. $200,000 gain recognized; $662,000 basis in Johnson property. D. None of the choices are correct.
TC Corp. paid a dividend today of $5 per share. The dividend is expected to grow at a constant rate
of 6.5% per year. If TC Corp. stock is selling for $50.00 per share, the stockholders' expected rate of return is A) 15.49%. B) 13.56%. C) 11.50%. D) 16.50%.
Bankruptcy under Chapter 13 differs from Chapter 11 in that:
A) an individual cannot use Chapter 11. B) a corporation cannot use Chapter 13. C) Chapter 11 cannot be instituted by involuntary petition. D) Chapter 13 requires unsecured debts to be less than $100,000.