An investment that is readily convertible to a known amount of cash and that is sufficiently close to its maturity date so that its market value is unaffected by interest rate changes is a(n):
a. short-term marketable equity security.
b. operating activity.
c. common stock.
d. cash equivalent.
e. financing activity.
Answers: 2
Business, 20.06.2019 18:02
If you were advising a north dakota company about its selection process, would you advise it to relax its selection criteria during the oil boom? why or why not?
Answers: 3
Business, 22.06.2019 19:50
The common stock and debt of northern sludge are valued at $65 million and $35 million, respectively. investors currently require a return of 15.9% on the common stock and a return of 7.8% on the debt. if northern sludge issues an additional $14 million of common stock and uses this money to retire debt, what happens to the expected return on the stock? assume that the change in capital structure does not affect the interest rate on northern’s debt and that there are no taxes.
Answers: 2
Business, 22.06.2019 20:30
Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)
Answers: 3
Business, 23.06.2019 20:30
If something happens to alter the quantity supplied at any given price, then we move along the fixed supply curve to a new quantity supplied. a. true b. false
Answers: 1
An investment that is readily convertible to a known amount of cash and that is sufficiently close t...
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