The use of equity reserves under international accounting standards
a. is strictly voluntary on the part of the management of a company.
b. is based on whether a reserve is part of distributable or nondistributable equity.
c. is primarily for the benefit of shareholders rather than creditors.
d. results in the elimination of the retained earnings category from the total equity of a company.
B
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Omar has been asked to present a speech at an upcoming sales conference. When he tells his mother about this, she says, "Oh, you'll be giving an epideictic presentation!" On which topic might Omar be presenting?
a. an award presentation for salesperson of the year b. a recap of the company's record sales year c. a presentation on how to win customer trust d. a speech introducing new customer management software
Following is information about Seasonal Products (SP) Corporation. The company has no preferred stock. Type of Proportion of the Type of Capital After-Tax Cost Capital Capital Structure Debt, rdT 6.5%
Debt 40.0% Common equity Equity 60.0 Retained earnings, rs 12.0 New issue, re 15.0 The firm expects to retain $300,000 in earnings this year to invest in capital budgeting projects. If the SP's capital budget is expected to equal $550,000, what required rate of return, or marginal cost of capital, should be used when evaluating capital budgeting projects? A. 9.80% B. 11.60% C. 9.25% D. 11.17% E. 9.90%
The three types of e-marketplaces are ________, ________, and ________
Fill in the blank(s) with correct word
If total assets decrease but total liabilities remain the same, what is the impact on the debt-to-assets ratio?
A. It remains the same. B. It cannot be determined without additional information. C. It increases. D. It decreases.