Business, 22.04.2020 04:56 ammullims822
The Pecking Order Theory of capital structure implies that (a) high-risk firms will end up borrowing more. (b) firms prefer internal finance. (c) firms prefer internal finance and firms prefer debt to equity when external financing is required. (d) firms prefer debt to equity when external financing is required. (e) firms pursue a targeted debt-equity ratio.
Answers: 3
Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
Business, 22.06.2019 15:40
Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
Answers: 1
The Pecking Order Theory of capital structure implies that (a) high-risk firms will end up borrowing...
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