Question
A firm reported in the statement of shareholders equity dividends of $800 in 2020. If dividends payable in 2019 and 2020 were $150 and $120
A firm reported in the statement of shareholders equity dividends of $800 in 2020. If dividends payable in 2019 and 2020 were $150 and $120 respectively, what is the amount of cash dividends paid by the firm in 2020?
a. | $800 | |
b. | $830 | |
c. | $920 | |
d. | $770 | |
e. | none of the above |
The decision to develop undeveloped resources resembles a call option, where the strike price in this valuation model is:
a. | The exploration cost | |
b. | The initial cost of developing the resources | |
c. | Estimated value of resources | |
d. | Payoff on investment | |
e. | none of the above |
If Sales were $8,000,000 and $9,000,000 in 2019 and 2020 respectively, ATO was 4 and 2 in 2019 and 2020 respectively, NFOs were $400,000 and $500,000 in 2019 and 2020 respectively, what was the change in CSE from 2019 to 2020?
a. | $2,500,000 | |
b. | $100,000 | |
c. | $900,000 | |
d. | $2,400,000 | |
e. | none of the above |
If the interest on notes payable is higher than the market interest rate, the firm should treat them as:
a. | Operating assets | |
b. | Financial assets | |
c. | Operating liabilities | |
d. | Financial liabilities | |
e. | none of the above |
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