The ________ is the rate of return that a firm must earn on its investments in order to maintain the market value of its stock.
A) yield to maturity
B) cost of capital
C) internal rate of return
D) modified internal rate of return
B) cost of capital
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Why would a corporation issue bonds payable instead of issuing stock?
A) Debt is a less expensive source of capital than stock. B) Borrowing by issuing bonds payable carries no risk to the company. C) Debt affects the percentage of ownership of the corporation by the stockholders. D) Debt does not have to be shown on the balance sheet.
Lian found several job duties that were listed on her subordinate’s job description which are no longer part of the job. Also, the company recently updated its strategic plan. Based on the new plan, Lian will add some related job duties to her subordinate’s job and communicate with her subordinate about the changes. Lian is engaged in ______.
A. performance appraisal B. performance management C. performance monitoring D. performance planning
A good reference manual will help you with all of the following except ________
A) choose the best format for a resume B) find the answer to a grammar question C) find the definition of a word you do not understand D) find the correct format for a business memo
When a party retracts an anticipatory repudiation, it means that the party:
A) Had previously indicated that it would not perform the current contract, but has now indicated that it will perform the current contract. B) Is breaching the current contract due to circumstances beyond its control, but will be able to perform all similar contracts in the future. C) Is demanding that the other party to a contract live up to its obligations. D) Performed the contract, but is now taking back that performance. E) Breached a similar contract in the past, but will perform the current contract.