Which one of the following is not a cash equivalent?
a. 30-day certificate of deposit
b. 60-day commercial paper
c. 90-day U.S. treasury bill
d. 180-day note issued by a local or state government
d
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The adjusting entry for accrued interest on a notes receivable includes
a. debiting Interest Expense and crediting Interest Revenue. b. debiting Accrued Interest Receivable and crediting Interest Revenue. c. debiting Interest Revenue and crediting Accrued Interest Payable. d. debiting Accrued Interest Receivable and crediting Interest Payable.
Stockinger Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment$280,000 Expected life of the project 4 Salvage value of equipment$0 Annual sales$580,000 Annual cash operating expenses$420,000 Working capital requirement$30,000 One-time renovation expense in year 3$80,000 The company's income tax rate is 30% and its after-tax discount rate is 11%. The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting.The net present value of the
entire project is closest to: A. $61,763 B. $122,469 C. $81,533 D. $196,000
Which of the following sets of strategies addresses the financial objectives of an organization?
A) Ansoff Growth Strategies B) Porter Generic Strategies C) Bowman's Strategy Clock D) Aaker Brand Strategies
In selecting a non-financial performance measures managers should choose measures that reflect
a. Both short-run and long-term measures related to critical success factors. b. Long-term supplier satisfaction levels. c. Short-term financial visibility. d. Qualitative characterstics that point out sub-optimization activities and throughput bottlenecks.