MCQ 1. Which of the following would be considered an “Other Comprehensive Income” item? a. net income. b. extraordinary loss related to flood. c. gain on disposal of discontinued operations. d. unrealized loss on available-for-sale securities. 2. Which of the following is not a part of comprehensive income? a. foreign currency items b. restructuring charges […]
FIN 500 / 331 EXAM : 26 M/C QUESTIONS OF DIFFICULT LEVEL 1. Susmel Inc. is considering a project that has the following cash flow data. What is the project’s payback? Year 0 1 2 3 Cash Flows -$500 $150 $200 $300 a. 2.03 years b. 2.25 years c. 2.50 years d. 2.75 years e.
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5-2A Prepare A CVP Income Statement, Compute Break-Even Point, Contribution Margin Ratio, Margin Of Safety Ratio And Sales For Target Net Income P5-2A Prepare a CVP income statement, compute break-even point, contribution margin ratio, margin of safety ratio and sales for target net income Jorge Company bottles and distributes B-Lite, a diet soft drink. The
QUIZ QUESTIONS : 1. A long-term contract under which a borrower agrees to make payments of interest and principal on specific dates is called a: a. common stock. b. preferred stock. c. equity contract. d. bond.