The tax deductibility of interest lowers the cost of debt financing, thereby causing the cost of debt financing to be lower than the cost of equity financing
Indicate whether the statement is true or false
TRUE
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Data ages quickly
Indicate whether the statement is true or false
The difference between flat projections and untrended projections is:
A. Untrended projections do not assume that the total unit sales are the same in the projected period as they were in the historic prior period. B. Untrended projections assume that the total unit sales are the same in the projected period as they are in the historic prior period. C. Untrended projections assume that the total sales amount in USD is the same in the projected period as they are in the historic prior period. D. None of the above
Which of the following methods are used to appoint a manager of a manager-managed LLC (limited liability company)?
A) appointed by the secretary of state B) vote of majority of the members C) unanimous vote of members D) unanimous vote of shareholders
Involving employees in the decision-making process is:
A. a participative management style. B. impossible for small businesses. C. an autocratic management style. D. a passive management style.