Which of the following environments is characterized by the highest level of environmental uncertainty?
A. a stable and complex environment
B. a dynamic and simple environment
C. a stable and simple environment
D. a dynamic and complex environment
Answer: D
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Select the BEST statement describing appropriate use of tables in reports
a. Do not use a table if the same data can be displayed in a chart. b. Do use a tablefor showing detailed report data. c. Do not use a formal table in an informal report. d. Do not use an informal table in a formal report.
Beasley Inc., reports the following amounts in its December 31, 2021, income statement.Sales revenue$300,000Income tax expense$38,000Interest expense12,000Cost of goods sold125,000Salaries expense35,000Advertising expense24,000Utilities expense41,000Prepare a multiple-step income statement.
What will be an ideal response?
Dyson Inc. currently finances with 20.0% debt (i.e., wd = 20%), but its new CFO is considering changing the capital structure so wd = 36.0% by issuing additional bonds and using the proceeds to repurchase and retire common shares so the percentage of common equity in the capital structure (wc) = 1 - wd. Given the data shown below, by how much would this recapitalization change the firm's cost of equity? Do not round your intermediate calculations. (Hint: You must unlever the current beta and then use the unlevered beta to solve the problem.) Risk-free rate, rRF5.00% Tax rate, T40%Market risk prem, RPM6.00% Current wd20%Current beta, bL11.65 Target wd36.0%?
A. 1.61% B. 1.66% C. 1.24% D. 1.68% E. 1.69%
If your money doubled in 8 years, then your annual rate of interest is approximately
A) 7.2%. B) 8%. C) 9%. D) 10%.