Which of these is part of the Written Tradition?

a. hieroglyphics
b. printed text
c. secondary orality
d. technology


a. hieroglyphics

Business

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Which board responsibility requires the MOST effort?

A. administering benefits B. maintaining salary levels C. raising philanthropic funds D. monitoring moral behaviors

Business

Which of the following was established by the Securities Investor Protection Act of 1970?

A) the Securities and Exchange Commission (SEC) B) the Securities Investor Protection Corporation (SIPC) C) the Federal Deposit Insurance Corporation (FDIC) D) the Federal Savings and Loan Insurance Corporation (FSLIC)

Business

Early DSSs were small, proprietary, and inexpensive.

Answer the following statement true (T) or false (F)

Business

Garson Corp. is looking at two possible capital structures. Currently, the firm is an all-equity firm with $1.2 million dollars in assets and 200,000 shares outstanding. The market value of each share of stock is $6.00

The CEO of Garson is thinking of leveraging the firm by selling $600,000 of debt financing and retiring 100,000 shares, leaving 100,000 outstanding. The cost of debt is 10% annually, and the current corporate tax rate for Garson is 30%. If the CEO believes that Garson will earn $100,000 per year before interest and taxes, should she leverage the firm? Explain. What will be an ideal response?

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