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5. Firm A's interest expense = $30.000, income tax rate income =? 40%, Its EBIT - S126,000. Its net A) S125,000 B) s56,000 C) $57,600

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5. Firm A's interest expense = $30.000, income tax rate income =? 40%, Its EBIT - S126,000. Its net A) S125,000 B) s56,000 C) $57,600 D) $94,000 6. A firm's inventory $520, FA (fixed assets)- $1,860, AR (accounts receivable) $190, AP (accounts payable) $210, and cash= S70. C (current assets) ? A) S720 B) S780 C) S970 D) S2,330 E) $2,650 7. Among the followings, choose the financial statement that shows the value of a firm's equity in a particular date? A) income statement B) creditor's statement C) balance sheet D) cash flow statement liabilities) S124,509. At the end of 2015, the CA (current assets) - $122,418 and the CL (current liabilities) = $103,718. The change in NwC (net working capital) =7 A) -$19,471 8. At the beginning of 2015 a firm had CA (current assets)= $121,306 and CL(current B) -S11,402 C) -$ 9,289 D) S 1,802 E) $21,903 9. Examples of uses of cash A) selling a piece of land. B) paying cash dividends to all current stockholders. C) borrowing from a bank D) all of the above 10. Choose the following that appears on the liability side of a balance sheet A) interest expense 3) depreciation accounts payable 2

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