Author Question: For Proposal 3, the book value of the existing asset is ________. (See Table 11.2) A) 21,000 B) ... (Read 63 times)

sam.t96 · **on:** Jul 11, 2018

For Proposal 3, the book value of the existing asset is ________. (See Table 11.2)

A) 21,000
B) 43,000
C) 52,000
D) 80,000

Question 2

Since retained earnings are viewed as a fully subscribed issue of additional common stock, the cost of retained earnings is ________.

A) less than the cost of new common stock equity
B) equal to the cost of new common stock equity
C) greater than the cost of new common stock equity
D) not related to the cost of new common stock equity