Directors are entitled to use corporate funds for their personal advantage.
Answer the following statement true (T) or false (F)
False
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Establishing the nonprofit’s mission is the responsibility of the organization’s ______.
A. board B. members C. chief executive officer D. human resources department
Medium sized service desks typically take on most of the characteristics of large service desks.
Answer the following statement true (T) or false (F)
Which of the following statements is CORRECT?
A. There is no reason to think that changes in the personal tax rate would affect firms' capital structure decisions. B. A firm with high business risk is more likely to increase its use of financial leverage than a firm with low business risk, assuming all else equal. C. If a firm's after-tax cost of equity exceeds its after-tax cost of debt, it can always reduce its WACC by increasing its use of debt. D. Suppose a firm has less than its optimal amount of debt. Increasing its use of debt to the point where it is at its optimal capital structure will decrease the costs of both debt and equity financing. E. In general, a firm with low operating leverage also has a small proportion of its total costs in the form of fixed costs.
To which type of sale does the ILSFDA not apply?
A)?Sale of lots in subdivision B)?Sale of one acre parcels in a rural area with full services C)?Sale of a commercial building D)?Both a and c E)?a, b and c