As the marginal tax rate goes up, the benefit from the depreciation tax shield
a. decreases.
b. increases.
c. stays the same.
d. can move up or down depending on whether the firm's cost of capital is high or low.
B
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The current asset financing policy that calls for matching the maturities of assets with the maturities of liabilities is known as the:
A. self-liquidating approach. B. conservative approach. C. aggressive approach. D. permanent current ratio approach. E. temporary net working capital approach.
Continuous Improvement Management principles include each of the following except
A) fact-based decision making. B) employee involvement. C) rapid engineering. D) strategic alliance.
Incremental innovations
A. nearly always can be patented. B. usually represent technological transitions. C. are usually small improvements in products and processes. D. are usually highly disruptive.
The Americans with Disabilities Act (ADA) resulted in which of the following?
A) Better employment opportunities for disabled Americans B) An increase in costs for employers C) An increase in litigation D) All of the above