The entry required to recognize the bad debts expense for 2016 will act to:
a. Increase total assets and retained earnings
b. Decrease total assets and retained earnings
c. Decrease total assets and increase net income
d. Increase total assets and decrease net income
b
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Which phase of the decision making process involves examining and weighing the merits of solutions, estimating the consequence of each, and choosing the best solution?
A. Implementation B. Choice C. Intelligence D. Design
________ are capital expenditures that make a plant asset more productive but do not always increase an asset's life; they often involve adding a component to an asset or replacing one of its old components with a better one.
What will be an ideal response?
The before-tax cost of debt, rd, is the same as the:?
A. average yield to maturity (YTM) associated with the firm's bonds.? B. ?dividend yield associated with the firm's common stock. C. ?average coupon rate of the firm's bonds. D. ?return on equity if the firm has no preferred stock. E. ?the firm's marginal tax rate.
In the 4th year of project M, expected revenues will be $4,750,000, variable costs will be $4,000,000, depreciation expense $180,000, and fixed cash costs $570,000. Which of the following is true?
A) Accounting income equals $0.00 B) Free cash flow equals $180,000 C) Free cash flow equals 0 D) Both A and B are true.