This topic contains a solution. Click here to go to the answer

Author Question: In a recent comprehensive survey, corporate CFOs were asked why they did NOT use more equity in ... (Read 110 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
In a recent comprehensive survey, corporate CFOs were asked why they did NOT use more equity in their capital structure. Which of the following choices was NOT cited by 50 or more of the CFOs responding to the survey?
 
  A) EPS dilution
  B) Concerns that equity was not the least expensive form of financing
  C) Concerns that share price might decline
  D) All of the above were cited by at least 50 of the responding CFOs.

Question 2

John Box Inc. has an annual interest expense of 30,000 and pays income tax equal to 40 percent of
  taxable income (EBT). John Box's times-interest-earned ratio is 4.2. What is John Box's net income?
 
  A) 57,000 B) 126,000 C) 57,600 D) 96,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

D

Answer to Question 2

C





 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library