单选题The Fischer Company had net income of $1500000. Fischer paid preferred dividends of $ 5 on each of the 100000 preferred shares. There are 1 million Fischer common shares outstanding. In addition to the common and preferred stock, Fischer has $ 25 million of 4 percent bonds outstanding. The face value of each bond is $1000. Each bond is convertible into 40 common shares. If Fischer' s tax rate is 40 percent, determine its basic and diluted earnings per share? Basic EPS Diluted EPS ①A. $1.00 $1.25 ②B. $1.50 $1.25 ③C. $1.00 $0.80
单选题Asampleof25observationshasameanof8andastandarddeviationof15.Thestandarderrorofthesamplemeanisclosestto:
单选题Under perfect competition, a firm will be inclined to increase output
as long as which of the following conditions exists?
A. Marginal revenue is greater than marginal cost.
B. Marginal cost is less than average cost.
C. Marginal revenue is positive.
单选题An analyst does research about depreciation and gathers the following information about an equipment: Purchase price $10000 Estimated useful life 7years Estimated value $1000 Under the diminishing balance depreciation method and a 150% acceleration fac tor, the book value at the end of Year 2 is closest to: A. $3827 B. $6173 C. $7857
单选题Tests of trading rules based on available market data are tests of which form of the efficient markets hypothesis (EMH)?
单选题In a period of rising prices and stable or increasing inventory quantities, use of the first in, first out (FIFO) inventory cost flow assumption results in all of the following EXCEPT: A. higher earnings before taxes than under last in, first out (LIFO). B. higher earnings after taxes than under last in, first out (LIFO). C. lower inventory balances than under last in, first out (LIFO).
单选题The standardization of futures contracts promotes liquidity because: A. all the participants in the market know exactly what is being offered for sale, and they know the terms of the transactions. B. it guarantees that all of the traders in the futures market will honor their obligations and that futures contracts trade in a smoothly functioning market. C. it provides a safeguard whereby traders are required to realize any losses in cash on the day they occur.
单选题If a normal distribution has a mean of 10 and a variance of 40, a standardized value of 0.5 corresponds to an observation value that is closest to（ ）
单选题When the Rivers Company filed its corporate tax returns for the first quarter of the current year, it owed a total of $ 6.7 million in corporate taxes. Rivers paid $ 4.4 million of the tax bill, but still owes $ 2.3 million; it also received $ 478000 in the second quarter as a down payment towards $ 942000 in custom-built products to be delivered in the third quarter. Its financial accounts for the second quarter most likely show the $ 2.3 million and the $ 478000 as $ 2.3 million $ 478000. A. Income tax payable unearned revenue. B. Income tax payable accrued revenue. C. Deferred tax liability unearned revenue.
单选题Which of the following does NOT represent a cash fl0w relating to operating activity?
单选题Which of the following statements about hypothesis testing is TRUE? A
Type Ⅱ error is the probability of:
A. rejecting a true null hypothesis.
B. rejecting a true alternative hypothesis.
C. failing to reject a false null hypothesis.
单选题Georgia-Pacific has $1000 par value bonds with 10 years remaining maturity. The bonds carry a 7.5 percent coupon that is paid semi-annually. If the current yield to maturity on similar bonds is 8.2 percent, what is the current value of the bonds?
单选题On January 1,2007, Omega Corporation paid $45000 to renew its property
insurance for 3 years. What amount of insurance expense should Omega report for
the year-ended December 31, 20×7 and what is the balance of Omega' s prepaid
insurance account on December 31,20×8 ?
Insurance expense Prepaid
insurance ①A. $15000
$ 30000
②B. $15000
$15000 ③C.
$ 45000
$15000
A. ①
B. ②
C.③
单选题When economists are speaking of the labor-force participation rate,
they are referring to which of the following? The labor-force participation rate
is the percentage of the:
A. labor force who are new entrants ( less than one year of work
experience).
B. working-age population who are not working but are actively looking for
work.
C. working-age population who are either working or actively looking for
work.
单选题Which of the following statements regarding secondary markets is
FALSE? Secondary markets are important because they provide:
A. investors with continuous information.
B. firms with greater access to external capital.
C. regulators with information about market participants.
单选题Which of the following changes would most likely decrease a firm's
demand for labor?
A. Technological improvement in the firm's production process.
B. Decrease in the price of the firm's product.
C. Increase in the price of a productive input that is a substitute for
labor.
单选题The NPV profile is a graphical representation of the change in net
present value relative to a change in the:
A. prime rate.
B. payback period.
C. discount rate.
单选题The least accurate statement about measures of dispersion for a distribution is that the:
单选题When the market is in equilibrium:
单选题From the perspective of the bondholder, which of the following pairs of options would add value to a straight (option free) bond?