1) Noncash expenses include: a. depreciation expenses b. salaries of administrat
ID: 2665430 • Letter: 1
Question
1) Noncash expenses include:a. depreciation expenses
b. salaries of administrative personnel
c. foremen's salaries
d. packaging expenses
2) Which two ratios would be most helpful in managing a firm's capital structure?
a. balance sheet leverage ratios and profitability ratios
b. balance sheet ratios and coverage ratios
c. coverage ratios and liquidity ratios
d. coverage ratios and profitability ratios
3) All of the following are methods available to a corporation that desires to repurchase stock except:
a. offering to employees who own an interest in the firm.
b. open market.
c. tender offer to all existing stockholders.
d. offer to one or more major stockholders on a negotiated basis.
4) In general, as the level of sales rises above the break even point, the degree of operating leverage:
a. increases
b. decreases
c. remains constant
d. a or b
5) Which of the following would be a method of improving a firm's economic profit? Assume all else equal.
a. Identify and improve operating efficiencies.
b. Increase sales.
c. Dispose of underutilized assets.
d. Recapitalize the firm to reduce its cost of capital.
e. All of the above.
Explanation / Answer
1. a. depreciation expenses 2. b. balance sheet ratios and coverage ratios (I assumed: Balance sheet ratios means Balance sheet Leverage ratios) 3. d. offer to one or more major stockholders on a neotiated basis.4. b. decreases 5. e. All of the above Thank you.....
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.