One of the most important factors in making debt less expensive than equity is:
A) the tax deductibility of depreciation.
B) the tax deductibility of equity.
C) the tax deductibility of dividends.
D) the tax deductibility of interest.
Answer: D
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C-Swiss, a Swedish firm specializing in communication networks, reported a balance in Inventories of SEK21,500 million at the beginning of 2013 and SEK22,500 million at the end of 2013 . During 2013, C-Swiss reported SEK114,100 million in Cost of Sales. How much was C-Swisss' inventory purchases during 2013? [Assume that all of C-Swisss' inventory purchases are made on account and C-Swiss applies
IFRS, as well as reports its results in millions of Swedish kronor (SEK).] a. SEK115,300 million b. SEK115,200 million c. SEK115,100 million d. SEK113,100 million e. none of the above
The following balance sheet information is provided for Greene Company for Year 2:Assets Cash$5,400 Accounts receivable 15,500 Inventory 18,000 Prepaid expenses 1,600 Plant and equipment, net of depreciation 20,200 Land 19,950 Total assets$80,650 Liabilities and Stockholders' Equity Accounts payable$4,500 Salaries payable 11,500 Bonds payable (due in ten years) 19,000 Common stock, no par 30,000 Retained earnings 15,650 Total liabilities and stockholders' equity$80,650 What is the company's quick (acid-test) ratio? (Round your answer to 1 decimal place.)
A. 3.8 B. 1.4 C. 1.3 D. 0.7
The LaGrange Corporation had the following budgeted sales for the first half of the current year: Cash Sales Credit SalesJanuary$70,000$340,000February$50,000$190,000March$40,000$135,000April$35,000$120,000May$45,000$160,000June$40,000$140,000?The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end, the following information has been assembled:?Collections on sales:60% in month of sale30% in month following sale10% in second month following sale?The accounts receivable balance on January 1 of the current year was $70,000, of which $50,000 represents uncollected December sales and $20,000 represents uncollected November sales. ?The total cash collected during January by LaGrange Corporation would be:
A. $254,000 B. $410,000 C. $331,500 D. $344,000
The ________ change every time a new sample is taken
a. variables b. distributions c. sample statistics d. population parameters