Using accounts receivables as collateral for a loan is:
a. never done
b. called pawning
c. factoring
d. pledging
e. offering
d. pledging
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An account that is not closed at the end of the period is called a(n) ________
A) expense account B) temporary account C) permanent account D) revenue account
Under the common law, a landlord is under an obligation to provide or maintain the premises in a livable condition
a. True b. False Indicate whether the statement is true or false
Wall Inc. forecasts that it will have the free cash flows (in millions) shown below. Assume the firm has zero non-operating assets. If the weighted average cost of capital is 14% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the firm's total corporate value, in millions? Do not round intermediate calculations. Year 1 2 3 Free cash flow -$20.00 $48.00 $50.50 ?
A. $535.20 B. $553.65 C. $572.11 D. $549.04 E. $461.38
Baldwin Corp just paid a dividend of $2.00. Over the next two years, this dividend is expected to growth by 20% per year. After two years, dividend growth is expected to level off at 10%
If the required rate of return on Baldwin stock is 12%, what should be the price of Baldwin stock today? A) $130.72 B) $128.57 C) $158.40 D) $31.68 E) $163.68