A firm has a total market value of $10 million while its debt has a market value of $4 million. What is the after-tax weighted average cost of capital if the before-tax cost of debt is 10 percent, the cost of equity is 15 percent, and the tax rate is 21 percent? (Round to the nearest decimal place).
A. 10.4 percent
B. 13.0 percent
C. 8.8 percent
D. 12.2 percent
Answer: D
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Which of the following statements is true regarding social responsibility in marketing?
A. Being socially responsible can conflict with a firm's profit objective. B. Firms tend to advance their own short-term interests at the expense of customers. C. Being socially responsible usually leads to a negative response from customers. D. Companies tend to avoid developing written codes of ethics because standards for professional behavior are ambiguous by nature.
A contract drafted by a dominant party and then presented to the other party—the adhering party— on a "take it or leave it" basis is called a_________and it is generally_________
Fill in the blank(s) with correct word
Which term refers to ‘the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data’?
a. Social intelligence. b. Predictive analytics. c. Simple social listening. d. Simple social monitoring. e. Enterprise social listening.
This legal act provides considerable legal protection to employees of publicly traded companies who report unethical or illegal practices.
A. Sarbanes-Oxley Act B. Taft-Hartley Act C. National Labor Relations Act D. Norris-La Guardia Act