Which candidate would most likely have a résumé that is longer than one page?
A) A candidate with fewer than ten years of experience
B) A person with one or two previous employers
C) A person making a major career change
D) A senior-level manager with many major accomplishments
D
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Which of the following statements is CORRECT?
A. When calculating the cost of preferred stock, a company needs to adjust for taxes, because preferred stock dividends are deductible by the paying corporation. B. All else equal, an increase in a company's stock price will increase its marginal cost of retained earnings, rs. C. All else equal, an increase in a company's stock price will increase its marginal cost of new common equity, re. D. Since the money is readily available, the after-tax cost of retained earnings is usually much lower than the after-tax cost of debt. E. If a company's tax rate increases but the YTM on its noncallable bonds remains the same, the after-tax cost of its debt will fall.
Which of the following is NOT one of the basic promotion objectives discussed in the text?
A. to remind B. to persuade C. to manipulate D. to inform
Identify all the correct statements:
A. Managers naturally seek to maximize shareholders' wealth B. Managers act in their own interests, and so there is no way to align their interests with those of the owners C. To motivate managers in non-profit firms, no employee incentives are needed D. To align the interests of managers and owners, owners must design systems to monitor and reward management behavior that increases the firm's profits E. none of the above
When a seller fails to deliver goods, either by being too late to be useful or because the goods are nonconforming, the buyer is entitled:
a. to nothing b. to a compensatory payment of $1000 c. to sue for breach of confidentiality d. to require the seller to find deliver new goods e. none of the other choices are correct