第4题
The company's prepayment to its supplier is regarded as a liability item.
A.Right
B.Wrong
C.Doesn't say
第5题
A.The issuance of convertible bonds by a company results in a decrease in both its debt-to-equity and its interest coverage ratios.
B.The conversion of convertible bonds into common equity results in an increase in the company’s debt-to-equity ratio and an increase in the interest coverage ratio.
C.When there is a conversion of convertible debt into common equity, even if the market price exceeds the conversion price, no gain or loss may be reported on the financial statements.
第6题
. Company Y’s fixed assets have a four-year useful life for financial purpose (which is double the useful life for tax purpose) and are depreciated using the straight-line method.
The effective tax rate for the company is closest to:
A.30.0%
B.26.7%
C.24.0%.
第7题
Which of the following best describes the classification of the lease on the company’s financial statements for 2008?
A.Operating lease.
B.Sales type lease.
C.Direct financing lease.
第8题
第9题
A.McDonald's
B.Pizza Hut
C.British Petroleum Amoco
D.Hewlett Packard
E.Ford Motor Company
第10题
A.increase East’s total assets more the West’s total assets.
B.increase West’s total assets more the West’s total assets.
C.have the same effects on East’s and West’s total assets.