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NEW QUESTION: 1
Which of the following statements is correct?
A. It is unrealistic to expect that increases in net working capital that are required at the start of an expansion project are simply recovered at the project's completion. Thus, these cash flows are included only at the start of a project.
B. An asset that is sold for less than book value at the end of a project's life will generate a loss for the firm and will cause an actual cash outflow attributable to the project.
C. All of these statements are false.
D. Only incremental cash flows are relevant in project analysis and the proper incremental cash flows are the reported accounting profits because they form the true basis for investor and managerial decisions.
E. Equipment sold for more than its book value at the end of a project's life will increase income and, despite increasing taxes, will generate a greater cash flow than if the same asset is sold at book value.
Answer: E
Explanation:
Explanation/Reference:
Explanation:
A gain on the sale occurs when equipment is sold for more than its book value. This increases profit and cash flow.

NEW QUESTION: 2
The nurse recognizes that a client with the diagnosis of cholecystitis and cholelithiasis would expect to have stools that are:
A. Bright-red streaked
B. Black
C. Watery and loose
D. Clay or gray colored
Answer: D
Explanation:
Explanation/Reference:
Explanation:
(A) Clients who have obstruction in the biliary tract so that bile is not released into the duodenum experience a change in stools from brown to gray or clay colored. (B) This type of stool can occur with other GI problems, such as bacterial or viral infections, and other disease problems, and is not a common finding with biliary obstructions such as cholecystitis and cholelithiasis. (C) This type of stool is usually associated with a GI or bowel problem, such as lower GI bleeding, rather than with biliary obstructions. (D) This type of stool is usually associated with a GI or bowel problem, such as upper GI bleeding, rather than with biliary obstructions.

NEW QUESTION: 3
Layered Corporation wants to issue a bond that will have warrants attached. Each warrant gives the
holder the right to buy 5 shares of Layered's common stock at a price stipulated on the warrant. In this
instance, Layered must file to register which of the following securities with the state?
I. the bonds
II. the warrants
III. the common stock
A. I only
B. I and II only
C. I and III only
D. I, II, and III
Answer: D
Explanation:
If Layered issues a bond with warrants attached that give the holder the right to buy shares
of its common stock, Layered must register all three securities. The bond is being offered for sale with the
warrants attached, so both the bond and the warrant are being offered for sale and must be registered.
Furthermore, the Uniform Securities Act stipulates that the "sale or offer for sale of the right" to buy
another security "is considered to include an offer of the other security." Therefore, offering the warrant for
sale is effectively an offer to sell the stock as well, so the stock must be registered.

NEW QUESTION: 4
Which password was generated by choosing Letters & Numbers from the Type menu in Password Assistant?
A. tend13)fuser
B. htb3RL492QuB
C. }\B'h9QadW{.
D. 0
Answer: B


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CTAL-TM-001 Exam Info

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CTAL-TM-001 Exam Topics

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CTAL-TM-001 Offcial Page

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