Finance Chp 2 Quiz 1

Finance Chp 2 Quiz 1 - Question 1 1. Which one of the...

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Question 1 1. Which one of the following statements is correct concerning a corporation with taxable income of $125,000? Answer Net income minus dividends paid will equal the ending retained earnings for the year. An increase in depreciation will increase the operating cash flow. Net income divided by the number of shares outstanding will equal the dividends per share. Interest paid will be included in both net income and operating cash flow. An increase in the tax rate will increase both net income and operating cash flow. 0.1 points Question 2 1. Which one of the following represents the most liquid asset? Answer $100 account receivable that is discounted and collected for $96 today $100 of inventory which is sold today on credit for $103 $100 of inventory which is discounted and sold for $97 cash today $100 of inventory that is sold today for $100 cash $100 accounts receivable that will be collected in full next week 0.1 points Question 3 1. Which of the following are included in the market value of a firm but are excluded from
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Finance Chp 2 Quiz 1 - Question 1 1. Which one of the...

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