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Author Question: Bonds are ________. A) a series of perpetual short-term debt instruments B) a form of equity ... (Read 79 times)

jake

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on: Jul 11, 2018
Bonds are ________.
 
  A) a series of perpetual short-term debt instruments
  B) a form of equity financing that pays interest
  C) long-term debt instruments used to raise large sums of money
  D) a hybrid form of financing used to raise large sums of money from a diverse group of lenders

Question 2

A corporation has decided to replace an existing asset with a newer model. Two years ago, the existing asset originally cost 70,000 and was being depreciated under MACRS using a five-year recovery period. The existing asset can be sold for 30,000.
 
  The new asset will cost 80,000 and will also be depreciated under MACRS using a five-year recovery period. If the assumed tax rate is 40 percent on ordinary income and capital gains, the initial investment is ________.
  A) 48,560
  B) 44,360
  C) 49,240
  D) 27,600


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carojassy25

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Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

A


jake

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Reply 2 on: Jul 11, 2018
Great answer, keep it coming :)

debra928

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Reply 3 on: Yesterday
Wow, this really help

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