If a mature firm announces a new stock offering, the price of its stock will decline. To avoid this, the firm should _____.?
A. ?repurchase the existing stock
B. ?finance only through debt
C. ?maintain a reserve borrowing capacity
D. ?convert all common stock into preferred stock
E. maintain a minimum amount of floating stock
Answer: C
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Value generated by a project is ______.
A. the product of planned expenditures and percentage of tasks completed B. the ratio of planned expenditures to percentage of tasks completed C. the sum of planned expenditures divided by the number of tasks scheduled for completion D. the ratio of actual expenditures and percentage of tasks scheduled for completion
The overall purpose of the performance evaluation discussion is to
a. Tell the employee how they can do better b. Give the employee a pay raise c. Tell the employee how they compare to others in the workplace d. Discuss how things are going for the employee and to plan for the future
Last year, Knox Corporation reported on its income statement sales of $375,000 and cost of goods sold of $140,000. During the year, the balance in accounts receivable increased $30,000, the balance in accounts payable decreased $25,000, and the balance in inventory increased $10,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on its statement of cash flows.Under the direct method, cost of goods sold adjusted to a cash basis would be:
A. $105,000 B. $155,000 C. $125,000 D. $175,000
Accrued interest on a note receivable is interest earned by the end of the year but not yet received.
Answer the following statement true (T) or false (F)