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 149 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?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library