________ represent current investor expectations about a firm whereas ________ are representations of historical costs

A) Book values; market values
B) Market values; book values
C) Regulators; investment bankers
D) Common equity holders; bondholders


B

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Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to cost of goods sold using FIFO. DateActivitiesUnits Acquired at CostUnits Sold at RetailMay 1Beginning Inventory290 units @ $14 5Purchase290 units @ $16 10Sales 210 units @ $2415Purchase170 units @ $17 24Sales 160 units @ $25

A. $6250 B. $6080 C. $5510 D. $5900 E. $5340

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Balance sheet and income statement data indicate the following: Bonds payable, 6% (issued 2000, due 2020 ) $1,200,000 Preferred 8% stock, $100 par (no change during the year) 200,000 Common stock, $50 par (no change during the year) 1,000,000 Income before income tax for year 340,000 Income tax for year 80,000 Common dividends paid 60,000 Preferred dividends paid 16,000 Based on the data

presented above, what is the number of times bond interest charges were earned (round to two decimal places)? A) 5.72 B) 6.83 C) 4.72 D) 4.83

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International franchising can reduce the likelihood of political instability being a threat

Indicate whether the statement is true or false

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What is the EMV for Option 2 in the following decision table?

States of Nature Alternatives S1 S2 p .6 .4 Option 1 200 300 Option 2 50 350 A) 50 B) 100 C) 170 D) 200 E) 350

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