U.S. District Courts handle all bankruptcy court proceedings

a. True
b. False


b

Business

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Zeta is an American multinational retail corporation. To move ahead of its competitors and increase revenue, Zeta began to employ a system to determine which products to stock and at what prices, and how to advertise to draw target customers

The process employed by Zeta is called _____. a. brand cannibalization b. big data analytics c. retail channel omnification d. click-and-connect

Business

Labor laws:

a. require job security after five years b. regulate the hours and rates of pay of various industries c. protect the rights of employees to join together for collective bargaining d. none of these

Business

A firm that considers costs and revenue secondary to competitors' prices when setting its own prices is using a competition-based pricing strategy.

Answer the following statement true (T) or false (F)

Business

Balon Plastics, Inc is financed entirely with 3 million shares of common stock selling for $20 a share. Capital of

$4 million is needed for this year's capital budget. Additional funds can be raised with new stock (ignore dilution) or with 13 percent 10-year bonds. The firm's tax rate is 40 percent. a. Calculate the financing plan's EBIT indifference point. b. The expected level of EBIT is $10,320,000 with a standard deviation of $2,000,000. What is the probability that EBIT will be above the indifference point? c. Does the "indifference point" calculated in question (a) above truly represent a point where stockholders are indifferent between stock and debt financing? Explain your answer.

Business