Companies A and B both report net income growth of 12% per year. Company A has a receivables turnover ratio of 5.6, which is lower than last year. Company B has a receivables turnover ratio of 11.3, which is higher than last year. All other things being equal:Company B's days to collect increased. Company A is more effectively managing its receivables.

Company A's days to collect is lower than Company B's in both years.

Company B is more effectively managing its receivables.

wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?

Personal financial planning is the process of creating and achieving financial goals? true or false

In early january, burger mania acquired 100% of the common stock of the crispy taco restaurant chain. the purchase price allocation included the following items: $4 million, patent; $3 million, trademark considered to have an indefinite useful life; and $5 million, goodwill. burger mania's policy is to amortize intangible assets with finite useful lives using the straight-line method, no residual value, and a five-year service life. what is the total amount of amortization expense that would appear in burger mania's income statement for the first year ended december 31 related to these items?