Corporate Finance – Chapter 2 – Long Quiz 1 1) Marvelous Entertainment Group‚ Inc. had net income of $32.7 million in 2005. The firm paid no dividends. If there were no further changes to the stockholders ’ equity accounts‚ then _____ by $32.7 million. [ ] common stock must have increased √ [ ] retained earnings must have increased [ ] total stockholders ’ equity must have decreased [ ] capital surplus must have decreased [ ] the market value of the firm ’s stock must have
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CCNA 1 Chapter 6 – Network Servers 6.1.1 Client/Server Relationships | | 1. | What is a server? | A host running a software application that provides info or services to other hosts connected to the network. | | 2. | What factor is crucial to enabling complex interactions? | They all use agreed standards and protocols | | 3. | What is a client? | Name given used a device that is running web client software | | 4. | What is the key characteristic of client/server systems? | Client
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CORPORATE FINANCE 307 LITERATURE REVIEW Student Name / ID: Chay Yu Xi 15907811 Jacqueline Teo Hui Yun 15805054 Ting Heng Huat 14973837 Tutor: Leo Kee Chye Tutorial Day / Time: Monday / 2pm Table of Contents Abstract The Tech Bubble Introduction Lowering of Interest Rates Adjustable Rate Mortgage Securitization Mortgage Backed Securities Collateralized Debt Obligation Credit Default Swap Government Reaction and Policies Emergency TARP Repercussions
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Chapter 6 Questions 38.) a.) Teal Corporation would have a taxable gain of $70‚000 on the property distribution ($250‚000-$180‚000). The gain would be ordinary or capital depending on the type of property distributed. The E&P of Teal would increase by $70‚000 and decrease by $250‚000. Teal’s E&P also would be decreased by the amount of tax due on the gain. Grace would have dividend income of $250‚000 and a basis in the property of $250‚000. b.) The tax consequences to Teal Corporation would be
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International Corporate Finance 1. How are percentage changes in a currency’s value measured? Illustrate your answer numerically by assuming a change in the Thai baht’s value from a value of $0.022 to $0.026. Answer: Percent △ in foreign currency value = st-st-1 st-1 = $0.026-$0.022$0.022 ≈ 18.18% 2. What are the basic factors that determine the value of a currency? In equilibrium‚ what is the relationship between these factors? Answer: The basic factors that determine the value
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both directions. 4. Among satellite‚ cable Internet‚ and DSL‚ which technology experiences more latency? Satellite 5. When using DSL to connect to the Internet‚ the data transmission shares the cabling with what other technology? Regular telephone 6. When using cable Internet‚ the data transmission shares the cabling with what other technology? Television 7. What is the name of the port used by an Ethernet cable? What is the name of the port used by a dial-up modem? RJ-45‚ RJ-11 8. If you want
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Chapter 9 - Materiality and Risk ← Multiple Choice Questions From CPA Examinations 9-22 a. (4) b. (4) 9-23 a. (1) b. (1) c. (1) 9-24 a. (2) b. (3) c. (1) 9-25 a. The justification for a lower preliminary judgment about materiality for overstatements is directly related to legal liability and audit risk. Most auditors believe they have a greater legal and professional responsibility to discover overstatements of owners’ equity than understatements because users are likely to be more
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replaced with complete equity ownership by a private group is called a: a. tender offer. b. proxy contest. C. going-private transaction. d. leveraged buyout. e. consolidation. SECTION: 25.1 TOPIC: GOING-PRIVATE TRANSACTION TYPE: DEFINITIONS 6. Going-private transactions in which a large percentage of the money used to buy the outstanding stock is borrowed is called a: a. tender offer. b. proxy contest. c. merger. D. leveraged buyout. e. consolidation. SECTION: 25.1 TOPIC: LEVERAGED
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* PV(CF) = CF/(1+r)t AKA PV = FV/(1+r)t * NPV = PV(CFs) – Investment = -C0 +C1/(1+r)+C2/(1+r)2+C3/(1+r)3+… = ∑(Expected CFt)/(1+r)t – Investment * Perpetuity – pays a fixed amount C per period forever * P(C‚r) = C/r requires cash flow to begin NEXT period. If begin now‚ then PV = C + C/r * Annuity – fixed stream of cash flows that has a final period t * A(C‚r‚t) = C/r [1-1/(1+r)t] * Growing Perpetuity – G(C‚r‚g) = C/(r-g) C is initial cash flow‚ r is discount rate
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Chapter 2 -CAPM: how risk affects return -Expected Return (on investment): mean value of its probability distribution of returns; greater the probability return will be below expected‚ greater the stand-alone risk -Risk Averse: he/she must be compensated for holding risky assets -Asset has 2 risk types: Diversifiable risk can be eliminated by diversification; market risk cannot be eliminated -Market risk measured by standard deviation of returns on portfolio consisting of all stocks -Relevant
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