If apparent authority is present, the principal is liable for even the unauthorized acts of the agent
Indicate whether the statement is true or false
True
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Morales Publishing's tax rate is 25%, its beta is 1.10, and it uses no debt. However, the CFO is considering moving to a capital structure with 30% debt and 70% equity. If the risk-free rate is 5.0% and the market risk premium is 6.0%, by how much would the capital structure shift change the firm's cost of equity?
A. 1.91% B. 2.12% C. 2.33% D. 2.57% E. 2.82%
The control environment component of internal control includes all of the following except:
A. Organizational structure. B. Access to computer programs. C. Human resource policies and practices. D. Management's philosophy and operating style.
The process of understanding our experiences and the experiences of others through the use of verbal and nonverbal messages is known as
a. group communication. b. human communication. c. interpersonal communication. d. interactive communication.
In its advertisements, Timex promotes its affordable and sturdy watches. Fossil emphasizes style and fashion in its advertisements, and Rolex stresses luxury and status. These are all examples of ________ appeals
A) rational B) reminder C) believable D) entertainment E) distinctive