The beta of the market
a. is greater then 1.
b. is less than 1.
c. is 1.
d. can not be determined.
All of the following are examples of long-term debt EXCEPT
b. Lines of credit.
c. Term loans.
Laws in some U.S. states that tax multinationals (both American and foreign) on a percentage of their total worldwide income rather the usual taxation of the MNC's earnings arising within their jurisdaiction are called.
a. Multinational tax laws.
b. State corporate tax laws.
c. Unitary tax laws.
d. Unicersal ax laws.
e. None of the above.
Johnson Inc. has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year at a total cost of $7,000. Although the firm paid in full for the merchandise during the year, it has yet to collect at year end from the customer.
The net profit and cash flow from this sale for the year are
a. $3,000 and $10,000, respectively
b. $3,000 and ($7,000), Respectively
c. $7,000 and ($3,000), respectively
d $3,000 and $7,000 respectively
1. Cash conversion cycle = AR days + Inventory days - AP Days
120 = 25+ Inventory days - 50
Inventory days = 145 ...
The solution explains some multiple choice questions relating to cash conversion cycle, beta, long term debt, MNC tax, profit on sale