________ is the capital budgeting approach that finds the value of the leveraged firm by discounting forecasts of all-equity free cash flows with a weighted average of the required rates of return to the firm's debt and equity
A) Flow-to-equity
B) Weighted average cost of capital
C) Weighted average cost of capital and net income
D) Discounted cash flow and net income
Answer: B) Weighted average cost of capital
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The voting pattern of a partisan political party member is likely to be best described by ______.
a. cultural relativism b. deontology c. social group relativism d. egoism
A deontologist wants to hurry across busy traffic to make a meeting she is late for but doesn’t want to wait for the “walk” signal. In trying to decide if this is acceptable, she wants to know whether or not the possible action is a categorical imperative. What question should she ask herself?
a. “Should I place my own success in my career above the safety of those around me?” b. “Should all people late for important meetings ignore crosswalk signals?” c. “Is the traffic law that dictates one must wait for a crossing signal an ethical or reasonable one?” d. “Would most people sympathize with my decision to rush across before the signal?”
Which of the following actions does not foster employee positivity?
A. Discourage uncivil behavior. B. Allow employees to make decisions. C. Share information with employees. D. Make the well-being of employees a priority. E. Focus only on providing positive feedback.
[The following information applies to the questions displayed below.] Riley Company borrowed $36,000 on April 1, Year 1 from Titan Bank. The note issued by Riley carried a one-year term and a 7% annual interest rate. Riley earned cash revenues of $1,700 during Year 1 and $1,400 during Year 2. Assume no other transactions.Based on this information alone, what is the amount of net income (loss) that will be reported on the Year 2 income statement?
A. $1,890 B. $630 C. $770 D. $(190)