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Using the Account Information Attached, Find the Balance for Bonds. Accounts Payable General and Administrative Expenses Interest Other Fixed Assets Prepaid Rent Property Plant and

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Using the Account Information Attached, Find the Balance for Bonds. Accounts Payable General and Administrative Expenses Interest Other Fixed Assets Prepaid Rent Property Plant and Equipment Retained Earnings Selling Expenses Taxes Payable Taxes Bonds Paid in Capital Cost of Goods Sold Accounts Receivable Bank Loans 12,000 80,000 10,000 150,000 6,000 200,000 7,000 90,000 6,000 54,000 ???? 300,000 300,000 24,000 20,000 12,000 20,000 5,000 720,000 7,000 Cash Salaries Other Long Term Debt Sales Inventory 27,000 33,000 47,000 49,000 41,000 Which of the following would decrease the financial leverage of a firm? Total assets increase and the debt-to-equity ratio remains constant New equity is sold while existing bonds are paid off New bonds are issued and outstanding common stock is repurchased O A firm repurchases some of its stock and pays off part of its debt, with the net result of an increase in the equity multiplier. New debt is issued and total assets remain the same Which of the following transactions would be considered to be a primary market transaction? gift of stock by a shareholder to a family member sale of a new share of stock by the firm to an individual investor O gift of stock from one shareholder to another shareholder sale of currently outstanding stock by a dealer to an individual investor stock ownership transfer from one shareholder to another shareholder Which of the following would likely be the most effective method of evaluating a firm's performance? comparing the firm's financial statements to the projections that were created based on Tobin's Q. comparing the firm's financial ratios to the average ratios of all firms located within the same state. comparing the firm's financial ratios to those of other firms in its industry. O comparing the firm's financial statements to the financial statements of foreign firms that are the same size. comparing the firm's financial statements to those of larger firms in unrelated industries

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