An analyst can most accurately identify a LIFO liquidation by observing a（n):A. incre

Given the following information about a company:

What is the most appropriate conclusion an analyst can make about the solvency of the company？ Solvency has:

A.improved because the debt-to-equity ratio decreased.

B.deteriorated because the debt-to-equity ratio increased.

C.improved because the fixed charge coverage ratio increased.

A Census Bureau (人口调查局) survey released Thursday shows a college graduate can expect to earn $ 2. 1 million working full-time between 25 and 64, which demographers (人口学家) call a typical work-life period. A master' s degree-holder is projected to earn 2.5 million, while someone with a professional degree, such as a doctor or lawyer, could make even more--$ 4.4 million. In contrast, a high school graduate can expect to make $ 1.2 million during the working years, according to the bureau report that tracked the influence of education on lifetime earnings.

Not all students look at college as an investment, "but I am sure parents do," said Jacque line King, policy analyst with the American Education Council, a higher education advocacy (拥护) group. "The college is to convince those high school students on the margins that it is really worth their time to go to college." Kevin Malecek, a graduate student in American poli tics at American University in Washington said most of his classmates find higher education to be worth the time and financial promise. "They go to every single class, and they are trying to get the most out of their own dollar," he said. The survey was conducted between March 1998 and March 2000. All estimates are based on 1999 salaries and probably will increase as salaries rise over time, Census Bureau analyst Jennifer Day said. The estimates do not account for inflation (物价上涨) or for differences in the earning potential of various fields of study. For example, people with computer science degrees tend to earn more than those with social work degrees.

The phrase "students on the margins" in Line 3 of Paragraph 2 most probably refers to ______.

A．students Who actually regard higher education as an investment

B．students who can't afford the money to go to college or university

C．students who can't go to college because they have failed in the college entrance examination

D．students who don' t know whether higher education can have great influence on their earnings

If an analyst is preparing common-size financial statements the most appropriate way

of expressing the interest expense is as a percentage of:

A.sales.

B.total liabilities.

C.total interest-bearing debt.

cash outflow is a firm has:

A.financed its payables.

B.securitized receivables.

C.repurchased stock to offset dilution.

An analyst is evaluating the two bonds below:

Compared with Bond A, Bond B most likely will have:

A.less interest rate risk and more reinvestment risk.

B.more interest rate risk and less reinvestment risk.

C.less interest rate risk and less reinvestment risk.

An analyst is evaluating various debt securities issued by a company. The type of

security that is most likely to yield the lowest recovery in a bankruptcy is a:

A. debenture bond.

B. collateral trust bond.

C. mortgage bond.

d most likely accept companies with:

A. Negative net income.

B. A debt-to equity ratio above some cutoff point.

C. A debt-to-total assets ratio below some cutoff point.

nt manufacturing firm, by using the average net profit margin over the past three years. In making his profit projection, he is concerned about the following three items:

·The company suffered losses from discontinued operations in each of the past three years.

·The most recent year’s tax rate was only one half the prior two years’ rate as a result of a fiscal stimulus.

·The company experienced gains on the sale of investments in each of the past three years.

Which of the following statements about the preparation of the forecast is most accurate？ The analyst would:

A. use the most recent tax rate because that is the best predictor of future tax rates.

B. exclude the gains on the sale from investments because the company is a manufacturing firm.

C. include the discontinued operations because they appear to be an on-going feature for this company.