Which of the following statements is CORRECT?
A. Since debt financing raises the firm's financial risk, increasing the target debt ratio will always increase the WACC.
B. Since debt financing is cheaper than equity financing, raising a company's debt ratio will always reduce its WACC.
C. Increasing a company's debt ratio will typically reduce the marginal costs of both debt and equity financing. However, this action still may raise the company's WACC.
D. Increasing a company's debt ratio will typically increase the marginal costs of both debt and equity financing. However, this action still may lower the company's WACC.
E. Since a firm's beta coefficient is not affected by its use of financial leverage, leverage does not affect the cost of equity.
Answer: D
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What is the correct summary for the energy investment vs. energy harvesting steps of glycolysis?
A. 2 ATP are invested and no ATP are harvested to produce a net loss of 2 ATP. B. No ATP are invested and 2 ATP are harvested to produce a net gain of 2 ATP. C. 4 ATP are invested and 6 ATP are harvested to produce a net gain of 2 ATP. D. 2 ATP are invested and 4 ATP are harvested to produce a net gain of 2 ATP.
In experimental design nomenclature, an X represents the measurement of the dependent variable
Indicate whether the statement is true or false
The 1/3 of the organization who will be skeptical about change and wait for evidence that the change effort is serious and can yield good results are also known as ______.
a. skeptics b. anti-freezers c. fence-sitters d. true-resisters
Answer the following statements true (T) or false (F)
The overriding message of SATTA is that current cost should be accepted as the dominate valuation system.