A geocoin, a round coin-sized object, is uniquely numbered and hidden in geocache. Geocoins can also be shaped to match a theme like the state of Colorado or a birthday party hat. Geocoins are often decorative or commemorative, making them collectible and highly valuable for technology adventures.
Answer the following statement true (T) or false (F)
True
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Which of the following is true regarding the weighted-average cost of capital?
a. The book value of the components of capital should always be used to calculate the weighted-average cost of capital. b. A company may have two weighted-average costs of capital if the firm's capital structure is so large that new common stock must be sold. c. The cost of common equity is lower than the cost of retained earnings. d. The cost of preferred stock is adjusted for the tax deduction associated with preferred dividends.
The vision and mission statements of a company set the overall direction of the organization. Strategic objectives serve what role?
A. modify the mission statement B. are a shorter version of the mission statement C. are only clarified by the board of directors D. operationalize the mission statement
The cost of owning an automobile represents a fixed cost
Indicate whether the statement is true or false
The person on whom a demand for assurance is made, must reply in writing for the assurance to be deemed "adequate."?
Indicate whether the statement is true or false