If a firm has publicly traded debt then the yield to maturity is approximately the same as:
A) the after-tax cost of debt.
B) the before-tax cost of debt.
C) the 10-year Treasury bond rate.
D) the WACC.
B
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Although marketable securities may be retained for several years, they continue to be classified as temporary, provided they are readily marketable and can be sold for cash at any time
a. True b. False Indicate whether the statement is true or false
An advantage of basing bad debt expense on the historical relationship between bad debts and net credit sales is that
A) it provides the best estimate of the net realizable value of accounts receivable. B) it provides the best information to the credit department to use in its collection activities. C) it best adheres to principle of cause and effect recognition. D) it considers the balance in the allowance account when making the bad debt expense estimate.
Explain the increasing use of groups and teams in U.S. businesses
A set of three or more companies directly linked by one or more of the upstream and downstream flows of products, services, finances, and information from a source to a customer is referred to as
A. a distribution center. B. a supply chain. C. distribution management. D. a value chain. E. logistics.