JPR Company is financed 75 percent by equity and 25 percent by debt. If the firm expects to earn

$30 million in net income next year and retain 40% of it, how large can the capital budget be before
common stock must be sold?

A) $16.0 million B) $15.5 million C) $12.0 million D) $7.5 million


B

Business

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Among the functions of organizational ________ are that it gives members an organizational identity and it promotes social-system stability.   

A. design B. structure C. life cycle D. charting E. culture

Business

Answer the following statements true (T) or false (F)

1. Strategic planning is the process in which future courses of action are developed to achieve the firms’ short- and long-term goals. 2. The mirror test involves the decision maker’s ability to look in the mirror after the decision has been made and state that he or she has made the right choice. 3. The ethical cycle begins with the identification of the current ethical culture. 4. It is during the problem analysis stage that the outcomes from the ethical judgment stage are further evaluated so a definitive course of action can be determined.

Business

What does the scalability of a data mining method refer to?

A) its ability to predict the outcome of a previously unknown data set accurately B) its speed of computation and computational costs in using the mode C) its ability to construct a prediction model efficiently given a large amount of data D) its ability to overcome noisy data to make somewhat accurate predictions

Business

Proactively managing to save resources and to "green" production is known as _____

Fill in the blank(s) with the appropriate word(s).

Business