Which of the following statements about Bechtel is true?
A) Even though Bechtel is over 100 years old, the Kuwaiti oil fields was its first "project."
B) Bechtel is the world's premier manager of massive construction and engineering projects.
C) Bechtel's competitive advantage is supply chain management.
D) While its projects are worldwide, its network of suppliers is largely in the United States
E) All of the above are true.
B
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Which of the following is true about the book value and market value of a firm's debt?
A. The book value of a firm's debt generally is higher than the market value of the firm's debt. B. The book value of a firm's debt generally is either equal to or very close to the market value of the firm's debt. C. The book value of a firm's debt generally is either equal to or very close to the market value of firm's assets. D. The market value of a firm's debt generally is higher than the book value of firm's assets. E. The market value of a firm's debt must equal the market value of a firm's assets.