d. bondholder's rate of return QUESTION 2 What is the concept of net present value? a. all are correct O b. time value of money O c. a dollar today is worth more than a dollar tomorrow d. the value something should sell for in the open market QUESTION 3 Market value is a function of a. all are correct b. time periods c. dollar amount to be received d. market interest rate QUESTION 4 The discount on B/P a, increases interest expense b. interest payments include a debit to the discount account C. decreases interest expense d. has a credit balance QUESTION 5 What percentage is considered controlling interest? a. when ownership is 50% QUESTION 7 When are realized gains and losses recorded? a. when the corporation invested in reports net income b. at year-end when we make the cost adjusted to market adjustment c. when the investment is sold i d. when the investment is purchased QUESTION 8 3 each item is presented as a percentage of When preparing a common a. net sales b. total assets C. total equity d. net income upp LakeUNCIJSP?Course_assessment_id= 20 Remaining Time: 47 minutes, 02 seconds. Question Completion Status: QUESTION 9 Why do we go to all the trouble of finding out the NPV of B/P? a to determine what someone would pay for the B/P in the open market b. to determine the current market value of B/P c. to determine what the B/P would sell for in the open market d. all are correct QUESTION 10 Treasury stock should be recorded at a original issue cost b. stated value c cost d. par value QUESTION 11 How is the current ratio calculated? a. current assets divided by current liabilities b. total assets minus total liabilities c. current assets minus current liabilities d. total assets divided by total liabilities Click Save and Submit to save and submit Chick Save All Answers to save all answers MacBook Pr Question Completion Status: Par Value a. represents what a share of stock is worth b. is established for a share of stock after it is issued O c. is the legal capital established for a share of stock at formation O d. represents the original selling price for a share of stock QUESTION 13 The statement of CF is useful because it shows the ability to a. generate future cash flows b. see the differences between Nl and CF c. all are correct d. pay cash dividends and obliga QUESTION 14 CF from operating activities consists of a. add increases in current liabilities; subtract decreases b. NI + depreciation expense + losses - gains c. all are correct d. add decreases in current assets, subtract increases in current assets Click Save and Submit to save and submit. Click Save All Answers to save all answers. QUESTION 15 Which account are dividends deducted out of? a. C/S b. APIC c. retained earnings d. capital QUESTION 16 When there is a 2-for-1 stock split, what happens? a. total contributed capital does not change b. number of outstanding shares doubles c. all happen d. par value is reduced by half QUESTION 17 The value that a share of stock can be purchased/sold for is called a. fair market value b. stated value c. book value d. par value Click Save and submit to save and submit. Click Save All Answers to save all answers