Reasons that firms may find themselves with relatively high costs of capital include:
A) The firms reside in emerging countries with undeveloped capital markets.
B) The firms are too small to easily gain access to their own national securities market.
C) The firms are family owned and they choose not to access public markets and lose control of the firm.
D) all of the above
Answer: D
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The affect referral model of evaluating alternatives best fits with high involvement purchase situations
Indicate whether the statement is true or false
Life insurance proceeds payable to a corporation upon the death of an insured employee are an example of
A) intraperiod tax allocation. B) interperiod tax allocation. C) a permanent difference. D) a temporary difference.
Ladell is excited because a prospect has just signed a purchasing agreement for the biggest sale Ladell has made in his two-year sales career. Ladell is obviously happy as he sits across the desk from his newest customer. What should Ladell do now?
A. Discuss the buyer's expectations for the product. B. Discuss his company's payment expectations. C. Stop talking about the product ordered and leave his customer's office. D. Invite the prospect out for a meal. E. Discuss the buyer's expectations concerning a delivery schedule of the product.
Special items reported as part of comprehensive income, but not included in net income, might include:
A. interest expense. B. income and losses from discontinued operations. C. gains or losses on foreign currency exchanges. D. income tax expense.