题目 The Bearing Corp. invests only in positive-NPV projects. Which of the following statements is true? 选项 A.Bearing’s return on invested capital (ROIC) is greater than its cost of capital [...]
题目 According to the pecking order theory: 选项 A.new debt is preferable to new equity. B.new debt is preferable to internally generated funds. C.new equity is always preferable to other sources [...]
题目 Which of the following represents a principal–agent conflict between shareholders and management? 选项 A.Risk tolerance B.Multiple share classes C.Accounting and reporting practices 答案 [...]
题目 Selected liquidity ratios for three firms in the leisure products industry are given in the table below. The most recent fiscal year ratio is shown, along with the average of the previous five [...]
题目 Two years ago, a company issued $20 million in long-term bonds at par value with a coupon rate of 9 percent. The company has decided to issue an additional $20 million in bonds and expects the [...]
题目 SOA Company needs to raise 75 million, in local currency, for substantial new investments next year. Specific details, all in local currency, are as follows: Investments of 10 million in [...]