The officer responsible for managing the firm's cash flows is the <span>treasurer</span>.
Answer:
A. Cost of funds has changed
B. Firm's risk has changed
Explanation:
The required rate of return on bonds refers to an investor's expected rate of return which is based upon rate of return other investors earn in the market on similarly priced bonds. This is also referred to as yield to maturity i.e YTM.
Coupon rate of payment of bond is the interest payment on such bonds which is usually fixed at the time of issue of such bonds.
Required rate of return may differ on account of change in cost of funds to the issuer which is cost of debt denoted as . Cost of debt is determined by tax rate and net proceeds from the issue of such bonds.
Required rate of return may also change on account of change in the firm's risk. If the firm assumes more risk, such risk would deter investors from investing in such bonds and in such scenario, the firm has to offer higher coupon rate than the rate prevailing in the market to attract the investors.
Answer:
<u><em>FALSE</em></u>
Explanation:
Remember, total asset turnover is calculated using a ratio that measures how the management was able to use its assets to efficiently increase sales. Usually the total asset turnover is gotten by dividing a<em> company's sales </em>by its <em>total assets.</em>
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To increase sales, management should <em>continue</em> to use its existing assets (not making purchase of any new asset), and at the same time reducing their purchases of inventory.
Answer:
The answer is: $2,500
Explanation:
According to the IRS, the cost basis for any asset should be the original cost adjusted by its depreciation.
Since Jack and Diane aren't able to determine the depreciation expenses for the cabinets, they should use their fair market value as cost basis.
Answer:
Im going with either 1million a day or 10k an hour