With which of the following is a firm's target capital structure consistent?
A. Maximum earnings per share
B. Minimum cost of debt (rd)
C. Minimum dividend per share
D. Minimum cost of equity (rs)
E. Minimum weighted average cost of capital
Answer: E
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For North Americans, the distance of 18 inches to 3 feet, used for casual and friendly conversations, is known as _____
Fill in the blank(s) with correct word
Annual interest earned on cash-balance pension plans are often tied to a
A. 20-year Treasury rate. B. 10-year Treasury rate. C. 15-year Treasury rate. D. 30-year Treasury rate.
A company sells two products with information as follows
A B Sales price per unit $12.00 $24.00 Variable cost per unit $10.00 $12.00 The products are machine made. Four units of product A can be made with one machine hour and two units of product B can be made with one machine hour. The company has a maximum of 6,000 machine hours available per month. The company can sell up to 18,000 units of product A per month, and up to 3,000 units of product B for the month. What is the optimum product mix to maximize company's operating income? A) 1,500 units of A and 72,000 units of B B) 18,000 units of A and 3,000 units of B C) zero units of A and 3,000 units of B D) 36,000 units of A and zero units of B
Compared to a public warehouse, a private warehouse
A. offers less managerial control. B. lacks convenience for the product line. C. has less flexibility. D. has lower unit costs even if volume is low. E. requires no fixed investment.