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 148 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?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

For a complete list of videos, visit our video library