In calculating NPV using the flow-to-equity approach the discount rate is the:
A) all-equity cost of capital.
B) cost of equity for the levered firm.
C) all-equity cost of capital minus the weighted average cost of debt.
D) weighted average cost of capital.
E) all-equity cost of capital plus the weighted average cost of debt.
B) cost of equity for the levered firm.
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Which of the following statements is true concerning language in the workplace?
a. Employees are more productive if they all speak the same language. b. The use of more than one language in a workplace is preferred. c. Employees who are bilingual are always paid more. d. Language choice has implications for the way individuals are treated.
When using the periodic inventory system, the Merchandise Inventory account is ________.
A) not used B) never used when recording purchase discounts, or returns of inventory C) replaced on the balance sheet with the Purchases account D) updated after each sale
Managers place a high priority on internal control systems because the systems assist managers in all of the following except:
A. Protecting assets. B. Assuring that no loss will occur. C. Promoting efficient operations. D. Ensuring reliable accounting. E. Upholding company policies.
________ models are uncertain
Fill in the blanks with correct word