_______ reinforcement is a reward for a constructive action.
A. Positive
B. Negative
C. Alternative
D. Egalitarian
E. Temporary
A. Positive
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While the major objective of the Federal income tax law is to raise revenue, social considerations and economic objectives also affect the tax law.
Answer the following statement true (T) or false (F)
The Everest Company has income from operations of $80,000, invested assets of $500,000, and sales of $1,030,000. What is the profit margin?
A) 48.5% B) 7.8% C) 16.0% D) 4.3%
Sheila offers to pay $30,000 for a new car, but the salesman wants $32,000. The salesman offers to throw in a premium sound system with a value of $1500 and charge her $31,500. Sheila values the sound system enough to feel that this is a good deal. Sheila and the salesperson used which form of conflict management?
a. Compromise b. Collaboration c. Competition d. Avoidance
Avery Corporation's target capital structure is 35% debt, 10% preferred, and 55% common equity. The interest rate on new debt is 6.50%, the yield on the preferred is 6.00%, the cost of common from reinvested earnings is 11.25%, and the tax rate is 25%. The firm will not be issuing any new common stock. What is Avery's WACC?
A. 8.49% B. 8.83% C. 9.19% D. 9.55% E. 9.94%