According to the trade-off theory that has been suggested as a possible explanation for the differences in firms' capital structures that we observe in the real world, which of the following securities is the least expensive form of financing for a particular firm?
A. Common stock
B. Preferred stock
C. Corporate debt
D. Retained earnings
E. Classified stock
Answer: C
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In U.S. v. Microsoft, the appellate court reversed the finding of the district court that
A. Microsoft did not employ illegal anticompetitive means to maintain and further its monopoly of the operating system market. B. Microsoft should be broken apart. C. Microsoft fundamentally employed illegal anticompetitive means to maintain and further its monopoly of the operating system market. D. Microsoft business practices were a per se violation of the Sherman Act.
In most possession-processing services, the customer's involvement is usually limited to dropping off the item that needs treatment, requesting the service, explaining the problem, and returning later to pick up the item and pay the bill
Indicate whether the statement is true or false
If a project is expected to be completed in 68 days with a project variance of 21 days, what is the probability that the project will be completed within 50 days?
a. 0% b. 0.39% c. 50% d. 100%
In horizontal analysis the percent change is computed by:
A. Subtracting the base period amount from the analysis period amount, dividing the result by the base period amount, then multiplying that amount by 100. B. Subtracting the analysis period amount from the base period amount, dividing the result by the base period amount, then multiplying that amount by 100. C. Subtracting the base period amount from the analysis period amount. D. Subtracting the base period amount from the analysis amount, then dividing the result by the analysis period amount. E. Subtracting the analysis period amount from the base period amount.