The unified transfer tax system

A) imposes a single tax upon transfers of property during an individual's lifetime only.
B) imposes a single tax upon transfers of property during an individual's life and at death.
C) imposes a single tax upon transfers of property only at an individual's death.
D) none of above.


B) imposes a single tax upon transfers of property during an individual's life and at death.

The gift (transfers during life) tax and estate (transfers after death) tax systems are unified.

Business

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When a company factors its accounts receivable, it

A) enters into a lending agreement with the institution to receive cash on specific customer accounts. B) sells individual accounts to a financial institution. C) uses these accounts only as a collateral for a loan. D) transfers the accounts but retains title of the accounts until the loan is paid.

Business

Barette Consulting currently has no debt in its capital structure, has $500 million of total assets, and its return on invested operating capital (ROIC) is 14.5%. The CFO is contemplating a recapitalization where it will issue debt at a cost of 10% and use the proceeds to buy back shares of the company's common stock, paying book value. If the company proceeds with the recapitalization, its operating income, total assets, and tax rate will remain unchanged. Which of the following is most likely to occur as a result of the recapitalization?

A. The ROA would remain unchanged. B. The ROIC would decline. C. The ROIC would increase. D. The ROE would increase. E. The ROA would increase.

Business

Why would an exponentially weighted moving average be a more accurate means of calculating volatility than a simple sampling of historical data?

What will be an ideal response?

Business

The total dollar value approach for calculating a win ratio is the ratio of the total dollar value of proposals that the contractor won as a percentage of the total dollar value of all the proposals the contractor submitted to various customers during a specific time period

a. True b. False Indicate whether the statement is true or false

Business