« previous next »

Author Question: ABC Corp. extends credit terms of 45 days to its customers. Its credit collection would likely be ... (Read 128 times)

plus1

  • Hero Member
  • *****
  • Posts: 676
on: Jul 11, 2018
ABC Corp. extends credit terms of 45 days to its customers. Its credit collection would likely be considered poor if its average collection period was ________.
 
  A) 30 days
  B) 36 days
  C) 44 days
  D) 57 days

Question 2

If a corporation has an average tax rate of 40 percent, the approximate, annual, after-tax cost of debt for a 15-year, 12 percent, 1,000 par value bond, selling at 950 is ________.
 
  A) 10 percent
  B) 10.6 percent
  C) 7.7 percent
  D) 6.0 percent


emsimon14

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Cardiac catheterization. Insertion of a tube called a catheter through a blood vessel. In this examp Cardiac catheterization. Insertion of a tube called a catheter through a blood vessel. In this examp
Amazing NASA Pictures Collection Amazing NASA Pictures Collection
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Genetic terms Animation

For a complete list of videos, visit our video library