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BEC CPA Exam Review UPDATED Exam Questions and CORRECT Answers Demand Curve Shift Upward (direct relationship-positive shift) - CORRECT ANSWER- The price of subsitute goods, expectations of price changes, income for normal goods, and extent of market Demand Curve Shift Downward (inverse relationship-neg. shift) - CORRECT ANSWERThe price of complement good, income for inferior goods, and consumer boycotts SWOT analysis - CORRECT ANSWER- strengths, weaknesses, opportunities, threats Thr...

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CPA BEC Formulas Exam Questions & Answers 2023/2024 Weighted Average Cost of Capital - ANSWER-(Cost of Equity x % Equity in Cap Structure) + (Weighted Average Cost of Debt x % of Debt in Cap Structure) Weighted Average Cost of Debt - ANSWER-Effective Annual Interest Payments / Debt Outstanding After Tax Cost of Debt - ANSWER-Pretax Cost of Debt x (1 - Tax Rate) Cost of Preferred Stock - ANSWER-Preferred Stock Dividends / Net Proceeds of Preferred Stock CAPM (Cost of Retained Earni...

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Demand Curve Shift Upward (direct relationship-positive shift) - ACCURATE ANSWERS The price of subsitute goods, expectations of price changes, income for normal goods, and extent of market Demand Curve Shift Downward (inverse relationship-neg. shift) - ACCURATE ANSWERS The price of complement good, income for inferior goods, and consumer boycotts SWOT analysis - ACCURATE ANSWERS strengths, weaknesses, opportunities, threats Three common measures of price inflation: - ACCURATE ANSWERS 1....

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