The President of the United States has the authority to issue laws, which are called:
a. Restatements of law.
b. executive orders.
c. Constitutional amendments.
d. codes.
b
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Although the U.S. supports free trade, since 1789 it has supported tariffs to protect domestic
A. wheat. B. sugar. C. corn. D. palm oil.
Why is brand loyalty important for a company?
What will be an ideal response?
Transactional psychological contracts are concerned with:
a. the tangibles of the employment relationship. b. the intangibles of the employment relationship. c. have nothing to do with the employment relationship. d. the tangibles and intangibles of the employment relationship.
You work for the CEO of a new company that plans to manufacture and sell a new product, a watch that has an embedded TV set and a magnifying glass crystal. The issue now is how to finance the company, with only equity or with a mix of debt and equity. Expected operating income is $510,000. Other data for the firm are shown below. How much higher or lower will the firm's expected ROE be if it uses some debt rather than all equity, i.e., what is ROEL - ROEU? Do not round your intermediate calculations. 0% Debt, U 60% Debt, LOper. income (EBIT)$510,000 $510,000 Required investment$2,500,000 $2,500,000 % Debt0.0% 60.0% $ of Debt$0.00 $1,500,000 $ of Common equity$2,500,000 $1,000,000 Interest rateNA 10.00% Tax rate35% 35% ?
A. 10.65% B. 10.14% C. 8.11% D. 12.68% E. 7.10%