1) Which of the following is a non-cash expense?A. Depreciation expensesB. Interest expense C. Packaging costs D. Administrative salaries 2) The break-even model enables the manager of a firm to A. calculate the minimum price of common stock for certain situations B. set appropriate equilibrium thresholdsC. determine the quantity of output that must be sold to cover all operating costsD. determine the optimal amount of debt financing to use 3) A zero-coupon bond A. pays no interest B. pays interest at a rate less than the market rate C. is a junk bondD. is sold at a deep discount at less than the par value 4) If you have $20000 in an account earning 8% annually what constant amount could you withdraw each year and have nothing remaining at the end of 5 years? A. $3525.62 B. $5008.76C. $3408.88D. $2465.78
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