Average Accounting Return is a measure of accounting profit relative to:
Average Accounting Return is a measure of accounting profit relative to:
A. Book value
B. Intrinsic value
C. Cost
D. Market value
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Financial statements differ from management account because
Financial statements differ from management account because
A. They are mainly prepared for external users of financial information
B. They are more complex and hard to prepare
C. The are the summary of accounting data
D. The are prepared on basis of actual conceptIn accounting an Economic event is referred to as:
In accounting an Economic event is referred to as:
A. Cash
B. Bank statement
C. Transaction
D. Exchange of moneyrate which is divided by compounding periods to calculate periodic rate must be___________________?
rate which is divided by compounding periods to calculate periodic rate must be___________________?A. Annuity return
B. Deferred annuity return
C. Nominal rate
D. Semiannual discount rateWhich of the following statement about bond ratings is TRUE?
Which of the following statement about bond ratings is TRUE?
A. Bond ratings are typically paid for by a company’s bondholders.
B. Bond ratings are based solely on information acquired from sources other than the bond issuer.
C. Bond ratings represent an independent assessment of the credit-worthiness of bonds.
D. None of the given optionsWhich of the given area is NOT addressed by Business Finance?
Which of the given area is NOT addressed by Business Finance?
A. Financing
B. Investing
C. Managing day today expenses
D. None of the given options
All of the given areas are addressed by Business Finance.The first step in calculation of net present value is to find out ________?
The first step in calculation of net present value is to find out ________?A. present value of equity
B. future value of equity
C. present value cash flow
D. future value of cash flow