The Pioneer Company Has Provided the Following Account Balances: Cash

question 98

Multiple Choice

The Pioneer Company has provided the following account balances: Cash $38,000;
Short-term investments $4,000;
Accounts receivable $48,000;
Supplies $6,000;
Long-term notes receivable $2,000;
Equipment $96,000;
Factory Building $180,000;
Intangible assets $6,000;
Accounts payable $30,000;
Accrued liabilities payable $4,000;
Short-term notes payable $14,000;
Long-term notes payable $92,000;
Common stock $180,000;
Retained earnings $60,000.
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What is Pioneer's current ratio?

• A)2.00.
• B)2.17.
• C)2.71.
• D)1.00.

Evaluate the financial attractiveness of investments considering different aspects like intangible benefits, tax implications, renovation costs, and depreciation.

Apply correct discount factors to cash flows based on project life and discount rate.

Make investment decisions based on calculated NPV, payback period, and simple rate of return values.

Forecast future cash inflows and outflows associated with investment projects.

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Definitions:

Thyroxine

A substance generated by the thyroid gland that controls metabolism, the production of energy, and the processes of growth and development.

Posterior Pituitary

A part of the pituitary gland that releases hormones like antidiuretic hormone (ADH) and oxytocin into the bloodstream.

Neurohormones

Neurohormones are hormones produced and released by neuroendocrine cells into the blood to affect distant cells, acting as messengers in the body.

Tropic Hormones

Hormones that stimulate the release of other hormones from their target glands.