A bene?t of PowerPoint is that it can be used for both oral and hard-copy proposal presentations
Indicate whether this statement is true or false.
TRUE
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The balance sheet reports
a. expenses; b. drawings; c. costs; d. capital accounts; e. net income or loss.
Users of accounting information may include
a. owners; b. managers; c. creditors; d. government agencies; e. all of these
Exhibit 7A.1 Gargoyle Unlimited is planning to issue a zero coupon bond to fund a project that will yield its first positive cash flow in 3 years. That cash flow will be sufficient to pay off the entire debt issue. The bond's par value will be $1000, it will mature in 3 years, and it will sell in the market for $785.00. The firm's marginal tax rate is 40.00%. Refer to Exhibit 7A.1. What is the nominal dollar value of the interest tax savings to the firm in the third year of the issue? Do not round your intermediate calculations.
A. $54.42 B. $45.12 C. $46.51 D. $36.28 E. $50.70
Which of the following is not an essential characteristic of cloud computing?
A) On-demand self-service B) Rapid elasticity C) Measured service D) Open source software E) Ubiquitous network access