The Modigliani and Miller hypothesis does NOT work in the "real world" because
A) interest expense is tax deductible, providing an advantage to debt financing.
B) higher levels of debt increase the likelihood of bankruptcy, and bankruptcy has real costs for
any corporation.
C) dividend payments are fixed and tax deductible for the corporation.
D) both A and B
D
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Describe the difference between inside money and outside money, and explain whether each of the following items represent inside money or outside money: a.Checking accountsb.Coinsc.Travelers checksd.Money-market mutual fundse.$100 bills
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Ellen came across an ad for a new restaurant which promised authentic French cuisine. When she ate there, however, she was disappointed to find that the food was mediocre and not very authentic
Which of the following gaps of service performance does this demonstrate? A) gap between service-quality specifications and service delivery B) gap between perceived service and expected service C) gap between service delivery and external communications D) gap between consumer expectation and management perception E) gap between management perception and service-quality specification
In the regression equation y = a + bx, job evaluation points are denoted by
A. a. B. x. C. b. D. y.
New-entry strategies typically fall into one of three categories: pioneering new-entry; imitative new-entry; or adaptive new entry. Outline the key strategic intentions of each and provide an example of each.
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