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NEW QUESTION: 1
The Ace Company is considering investing in a piece of property, which costs $105,000. The property will return a constant cash flow forever. If the firm's cost of capital is 9 percent and the corporate tax rate is 40 percent, what is the minimum after-tax cash flow that would make the investment acceptable to Ace?
A. $5,000
B. $9,450
C. $15,942
D. $10,831
E. $2,375
Answer: B
Explanation:
Explanation/Reference:
Explanation:
$105,000 = CF(AT)/0.09; CF(AT) = $9,450.
NEW QUESTION: 2
A. Option A
B. Option B
C. Option E
D. Option C
E. Option D
Answer: A,D
NEW QUESTION: 3
What is the purpose of collections cases?
A. To group collection activities and transactions
B. To record nonsufficient funds (NSF) payments
C. To write off transactions that have been deemed uncollectable
D. To calculate interest on overdue transactions
Answer: D
NEW QUESTION: 4
View the Exhibit and examine the description for the PRODUCTS and SALES table.
PROD_IDis a primary key in the PRODUCTStable and foreign key in the SALEStable with ON DELETE CASCADEoption. The SALEStable contains data for the last three years. You want to remove all the rows from the PRODUCTStable for which no sale was done for the last three years.
Which is the valid DELETEstatement?
A. DELETE
FROM products
WHERE prod_id IN (SELECT prod_id
FROM sales
WHERE SYSDATE - 3*365 >= time_id);
B. DELETE
FROM products
WHERE prod_id = (SELECT prod_id
FROM sales
WHERE SYSDATE >= time_id - 3*365 );
C. DELETE
FROM products
WHERE prod_id IN (SELECT prod_id
FROM sales
WHERE time_id >= SYSDATE - 3*365 );
D. DELETE
FROM products
WHERE prod_id = (SELECT prod_id
FROM sales
WHERE time_id - 3*365 = SYSDATE );
Answer: A