Question
Please help me to answer all these questions! Thank you in advance. 1. An automobile manufacturer, such as Toyota, could owe money to a steel
Please help me to answer all these questions! Thank you in advance.
1. An automobile manufacturer, such as Toyota, could owe money to a steel manufacturer, such as Nippon Steel, and such money would appear as ( ) on the balance sheet of the steel manufacturer.
2. Finance adds back depreciation and amortization in its measure of economic returns because depreciation is not a ( )expense.
3. If a firm has a receivables collection period of 30 days, a days inventory of 62 days, and a payables period of 40 days, its cash conversion cycle is ( ) days.
4. If current trades of 5-year AA bonds show that investors expect a yield of 1.2%, the price of a 10-year AA bond with a coupon of 0.5% issued 5 years ago will be
(less than / equal to / more than )100.00.
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