The is the date on which a firm commits itself to a formal plan to dispose of a business segment.
Category: Uncategorized
When a firm attempting to create unique products or services…
When a firm attempting to create unique products or services for particular market niches, in order to achieve relatively high profit margins, this is best known as:
Mobile CompanyMobile Company manufactures computer technolog…
Mobile CompanyMobile Company manufactures computer technology devices. Selected financial data for Mobile is presented below; use the information to answer the following questions: Current Assets Year 1 Year 0 Cash and short-term investments $1,267,038 $ 616,604 Accounts Receivable (net) 490,816 665,828 Inventories 338,599 487,505 Prepaid Expenses and other current assets 292,511 291,915 Total Current Assets $2,388,964 $2,061,852 Current Liabilities Short-term borrowings $ 25,190 $ 38,108 Current portion of long-term debt 182,295 210,090 Accounts payable 296,307 334,247 Accrued liabilities 941,912 743,999 Income taxes payable 203,049 239,793 Total Current Liabilities 1,648,753 1,566,237 Selected Income Statement Data – for the year ending December 31, Year 1: Net Sales $4,885,340 Cost of Goods Sold 2,542,353 Operating Income 733,541 Net Income 230,101 Selected Statement of Cash Flow Data – for the year ending December 31, Year 1: Cash Flows from Operations $1,156,084 Refer to the information for Mobile Company. Mobile’s current ratio in Year 1 was:
All of the following are common domestic risks faced by comp…
All of the following are common domestic risks faced by companies except:
Which of the following properly links the factors affecting…
Which of the following properly links the factors affecting a firm’s ability to generate cash with its need to use cash in investing? Ability to generate cash Need to use cash
A value chain for an industry sets forth:
A value chain for an industry sets forth:
Plaxo Corporation has a tax rate of 35% and uses the straigh…
Plaxo Corporation has a tax rate of 35% and uses the straight-line method of depreciation for its equipment, which has a useful life of four years. Tax legislation requires the company to depreciate its equipment using the following schedule: year 1- 50%, year 2 – 30%, year 3 – 15% and year 4 – 5%. On January 1, Year 1 Plaxo purchases a piece of equipment with a four year life and an original cost of $100,000. What amount will Plaxo record as a deferred tax asset or liability on the December 31, Year 1 balance sheet?
Stockholders’ equity can be expanded into the following thre…
Stockholders’ equity can be expanded into the following three accounts: Accumulated other comprehensive income, retained earnings and
The source of risk related to political unrest and exchange…
The source of risk related to political unrest and exchange rate changes are
Which of the following might an analyst not want to eliminat…
Which of the following might an analyst not want to eliminate from past earnings when using past earnings to forecast future earnings?