The cost of debt is

A. less than the cost of equity.
B. greater than the cost of equity.
C. equal to the firm's interest rate.
D. greater than the cost of preferred stock.


Answer: A

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The Dinho Corporation identified the following data when preparing their April bank reconciliation: Bank statement balance $45,000 Dinho's book balance (before adjustments) ? Outstanding checks 4,500 NSF checks 1,400 Service charges 300 Deposits in transit 5,000 Interest earned on checking account 25 In addition, Dinho incorrectly recorded a deposit in its books in the amount of $1,000 . The

correct amount was recorded by the bank as $1,200. What is the adjusted cash balance at the end of April? a. $44,300 b. $45,500 c. $45,000 d. $45,700

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_________ are exchanges of messages about a particular topic using e-mail, professional blog space, and other electronic tools to encourage participation that will ideally lead to new ideas, strategic planning, and sound decision making.

a. Blogs b. E-mail dialogues c. Listservs d. none of the above

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In practice, the income statement is frequently considered to be the least important financial statement

Indicate whether the statement is true or false

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The U.S. Supreme Court has held that certain types of speech are not protected by the First Amendment. Of the following, which is NOT considered unprotected speech?

A. dangerous speech B. fighting words that are likely to provoke a hostile response from an abnormally violent person C. speech that incites the violent or revolutionary overthrow of the government D. child pornography

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