All functions in a marketing channel use scarce resources and can be shifted among channel members

Indicate whether the statement is true or false


TRUE

Business

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Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75% equity. The CFO believes the firm should use more debt, but the CEO is reluctant to increase the debt ratio. The risk-free rate, rRF, is 5.0%, the market risk premium, RPM, is 6.0%, and the firm's tax rate is 25%. Currently, the cost of equity, rs, is 11.5% as determined by the CAPM. What would be the estimated cost of equity if the firm used 60% debt? (Hint: You must first find the current beta and then the unlevered beta to solve the problem.)

A. 11.50% B. 12.50% C. 13.58% D. 14.77% E. 16.05%

Business

An adjudicatory hearing at a regulatory agency will be presided over by an Administrative Law Judge or ALJ. An ALJ is a:

a. member of the federal bench b. civil service employee of the agency c. municipal judge d. member of the state bench e. circuit court judge

Business

A measure of the outcome of a decision such as profit, cost, or time is known as a _____

a. branch b. payoff c. regret d. forecasting index

Business

A final way in which the project manager can develop people is by having them attend formal training sessions

a. True b. False Indicate whether the statement is true or false

Business