When estimating a cash budget, which of the following items should the firm NOT include in the process?
A) dividends
B) taxes paid by the firm
C) wages
D) All of the above should be included
D
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The four most common examples of documentary evidence which are valuable but difficult to obtain are:
a. Web-based e-mail accounts, private bank records, tax returns, and brokerage records. b. Sample analytical reports, photographs and videos, tax returns, and SEC filings. c. Office e-mail accounts, private bank records, maps and diagrams, and sample analytical reports. d. Photographs and videos, private bank records, tax returns, and brokerage records.
Which of the following is NOT one of the three main periods of the innovation journey as identified by Andy Van de Ven and his friends (1999)?
a. Initiation b. Development c. Execution d. Implementation
In a statement of cash flows, the sale of a long-term investment would ordinarily be classified as:
A. a financing activity. B. an operating activity. C. a lending activity. D. an investing activity.
Find the fixed rate on a forward swap expiring in 90 days in which the underlying swap has a maturity of 180 days and makes payments every 90 days. The prices of zero coupon bonds are 0.9877 (90 days), 0.9732 (180 days), and 0.9597 (270 days)
a. 5.97 percent b. 5.6 percent c. 5.5 percent d. 5.78 percent e. 5 percent