If the company uses IFRS, its interest expense (in millions) in 2011 is closest to:
A.€1.846.
B.€2.307.
C.€2.386.
第1题
Which of the following is most likely a benefit of debt covenants for the borrower?
A.Reduction in the cost of borrowing.
B.Limitations on the company’s ability to pay dividends.
C.Restrictions on how the borrowed money may be invested.
第2题
A capital lease requires annual lease payments of $2,000 at the start of each year.Fair value of the leased equipment at inception of the lease is $10,000 and the implicit interest rate is 12 percent.If the present value of the lease payments equals the fair value of the equipment at the inception of the lease, the interest expense (in $) recorded by the lessee in the second year of the lease is closest to:
A.960.
B.1,104.
C.1,200.
第3题
Which of the following is most likely a reason that a lessor can offer attractive lease terms and lower cost financing to a lessee? Because the:
A.Lessor retains the tax benefits of ownership.
B.Lessor avoids reporting the liability on its balance sheet.
C.Lessee is better able to resell the asset at the end of the lease.
第4题
A retail company that leases the majority of its space has:
·total assets of $4,500 million,
·total long-term debt of $2,125 million, and
·average interest rate on debt of 12%.
Note 8 to the 2011 financial statements contains the following information about the company’s future beginning of year lease commitments:
Note 8: Operating leases
After adjustment for the off-balance-sheet financing, the debt-to-total-assets ratio for the company is closest to:
A. 55%.
B. 57%.
C. 65%.
为了保护您的账号安全,请在“上学吧”公众号进行验证,点击“官网服务”-“账号验证”后输入验证码“”完成验证,验证成功后方可继续查看答案!