Which of the following is a formal research method?
A) Performing a scientific experiment
B) Searching the Web
C) Conducting an interview
D) All answer choices are examples of formal research methods.
D
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Which of the following would represent the order in which most master budgets are prepared?
A. Purchases, Cash, Sales, Income Statement B. Sales, Income Statement, Cash, Purchases C. Sales, Purchases, Cash, Income Statement D. Purchases, Sales, Cash, Income Statement
In a contract involving a competent person and a person who is insane but not adjudged insane, the competent party can void the contract
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. A firm can use retained earnings without paying a flotation cost. Therefore, while the cost of retained earnings is not zero, its cost is generally lower than the after-tax cost of debt. B. The capital structure that minimizes a firm's weighted average cost of capital is also the capital structure that maximizes its stock price. C. The capital structure that minimizes the firm's weighted average cost of capital is also the capital structure that maximizes its earnings per share. D. If a firm finds that the cost of debt is less than the cost of equity, increasing its debt ratio must reduce its WACC. E. Other things held constant, if corporate tax rates declined, then the Modigliani-Miller tax-adjusted theory would suggest that firms should increase their use of debt.
Data Processing, Inc is a service firm that performs word processing functions for law firms, corporations and government agencies. Their facilities consist of 120 office units with a word processor in each unit. Their facilities were formerly a shoe
manufacturing plant, and all of the office units are located in one large room. Over the past 14 months, 7 of the 120 word processors have been diagnosed with breast cancer. In six of the seven cases diagnosed, there is no family history of breast cancer. Jane Quinn, the owner and CEO of data processing, has seen a cluster study that links employment as a word processor to a higher rate of breast cancer. Ms. Quinn does not disclose the study to her employees and takes no further action. Discuss the ethical issues.