The premium on B/P (already tried option D)

	a.	increases interest expense
	b.	interest payments include a credit to the premium account
	c.	reduces interest expense
	d.	has a debit balance

Outstanding shares of stock are (already tried option D)

	a.	shares of stock owned by the corporation
	b.	authorized shares that have not yet been issued
	c.	shares of stock that have been sold and are still in circulation
	d.	shares of stock that have been sold

The balance in the retained earnings account consists of (already tried option A)

	a.	all NI/NOL since formation +/- prior period adjustments minus dividends declared minus federal income tax expense
	b.	NI since formation minus all losses minus dividends paid minus federal income tax expense
	c.	all NI/NOL since formation +/- prior period adjustments minus dividends paid minus federal income taxes paid
	d.	net income not distributed as dividends

The market interest rate is the

	a.	bondholder's rate of return
	b.	all are correct
	c.	cost of borrowing
	d.	interest rate in the market

CF from investing activities consists of

	a.	repayment and issuance of long-term debt
	b.	all purchases and sales of long-term assets
	c.	cash purchases and cash sales of long-term assets
	d.	issuance and purchase of stock

When using the equity method, how are dividends recorded?

	a.	they reduce the investment account
	b.	they increase the investment account
	c.	they are recorded as dividend income
	d.	they are recorded as investment income

Free cash flow is calculated

	a.	net CF from operating activities / NI
	b.	net CF from operating activities minus capital expenditures minus cash dividends paid
	c.	net CF from operating activities minus capital expenditures minus dividends declared
	d.	net CF from investing activities minus capital expenditures minus dividends paid