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

Author Question: If transportation costs were a huge portion of a firm's expenses and the firm expected gas prices to ... (Read 93 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
If transportation costs were a huge portion of a firm's expenses and the firm expected gas prices to increase greatly in the next year, then in preparing its pro forma income statement the firm should ________.
 
  A) use the percentage of transportation costs from last year's sales
  B) decrease the percentage of transportation costs from the percentage of last year's sales
  C) increase the percentage of transportation costs from the percentage of last year's sales
  D) double the percentage of transportation costs from the percentage of last year's sales

Question 2

The yield to maturity
 
  A)
 
  equates a bond's price with the sum of its discounted cash flows.
  B)
 
  is the rate earned over the life of the bond.
  C)
 
  must be higher than the coupon rate.
  D)
 
  must be lower than the coupon rate.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xiaomengxian

  • Sr. Member
  • ****
  • Posts: 311
Answer to Question 1

C

Answer to Question 2

A




jparksx

  • Member
  • Posts: 570
Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library