BEC 試験問題を無料オンラインアクセス
| 試験コード: | BEC |
| 試験名称: | CPA Business Environment and Concepts |
| 認定資格: | AICPA |
| 無料問題数: | 530 |
| 更新日: | 2026-10-10 |
A company has daily cash receipts of $150,000. The treasurer of the company has investigated a lockbox
service whereby the bank that offers this service will reduce the company's collection time by four days at
a monthly fee of $2,500. If money market rates average four percent during the year, the additional annual
income (loss) from using the lockbox service would be:
In order to increase production capacity, Gunning Industries is considering replacing an existing
production machine with a new technologically improved machine effective January 1, 1997. The
following information is being considered by Gunning Industries.
. The new machine would be purchased for $160,000 in cash. Shipping, installation, and testing would
cost an additional $30,000.
. The new machine is expected to increase annual sales by 20,000 units at a sales price of $40 per unit.
Incremental operating costs are comprised of $30 per unit in variable costs and total fixed costs of
$ 40,000 per year.
. The investment in the new machine will require an immediate increase in working capital of $35,000.
. Gunning uses straight-line depreciation for financial reporting and tax reporting purposes. The new
machine has an estimated useful life of five years and zero salvage value.
. Gunning is subject to a 40 percent corporate income tax rate.
Gunning uses the net present value method to analyze investments and will employ the following factors
and rates.
Gunning Industries' net cash outflow in a capital budgeting decision would be:
Initially the nominal interest rate is 8 percent and the inflation rate is 6 percent. One year later, the nominal
interest rate rises to 12 percent while the inflation rate rises to 10 percent. It follows that the real rate of
interest:
Which of the following statements is(are) correct regarding the methods a target corporation may use to
ward off a takeover attempt?
I. The target corporation may make an offer ("self-tender") to acquire stock from its own shareholders.
II. The target corporation may seek an injunction against the acquiring corporation on the grounds that the
attempted takeover violates federal antitrust law.