Identifying financial statement line items and accounts several line items and account titles are listed below. for each, indicate in which of the following financial statement(s) we would likely find the item or account: income statement (is), balance sheet (bs), statement of stockholders' equity (se), or statement of cash flows (scf). (select all that apply.) account financial statement(s) (a) cash asset answer (b) expenses answer (c) noncash assets answer (d) contributed capital answer (e) cash outflow for capital expenditures answer (f) retained earnings answer (g) cash inflow for stock issued answer (h) cash outflow for dividends answer (i) net income answer

When borrowers want funding to pay for different projects, they go to the loanable funds market and acquire funds through either indirect finance or direct finance. below, you are given five different scenarios. is each an example of direct finance or indirect finance?

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Afirm's before-tax cost of debt, rd, is the interest rate that the firm must pay on debt. because interest is tax deductible, the relevant cost of debt used to calculate a firm's wacc is the cost of debt, rd (1 – t). the cost of debt is used in calculating the wacc because we are interested in maximizing the value of the firm's stock, and the stock price depends on cash flows. it is important to emphasize that the cost of debt is the interest rate on debt, not debt because our primary concern with the cost of capital is its use in capital budgeting decisions. the rate at which the firm has borrowed in the past is because we need to know the cost of capital. for these reasons, the on outstanding debt (which reflects current market conditions) is a better measure of the cost of debt than the . the on the company's -term debt is generally used to calculate the cost of debt because more often than not, the capital is being raised to fund -term projects. quantitative problem: 5 years ago, barton industries issued 25-year noncallable, semiannual bonds with a $1,600 face value and a 8% coupon, semiannual payment ($64 payment every 6 months). the bonds currently sell for $845.87. if the firm's marginal tax rate is 40%, what is the firm's after-tax cost of debt? round your answer to 2 decimal places. do not round intermediate calcu