A rule that is not automatically discriminatory, but which may be discriminatory in practice because it excludes too many people in a protected group is considered
a. disparate treatment.
b. prima facie discrimination.
c. unbalanced treatment.
d. disparate impact.
d
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A process is operating in such a manner that the mean of the process is exactly on the lower specification limit. What must be true about the two measures of capability for this process?
What will be an ideal response?
On a purely theoretical basis, NPV is the better approach to capital budgeting than IRR because NPV implicitly assumes that any intermediate cash inflows generated by an investment are reinvested at the firm's cost of capital
Indicate whether the statement is true or false
If there are 12 guest rooms available, can they break even? What percentage of rooms would need to be occupied, on average, to break even?
As part of their application for a loan to buy Lakeside Farm, a property they hope to develop as a bed-and-breakfast operation, the prospective owners have projected: Monthly fixed cost (loan payment, taxes, insurance, maintenance) $6000 Variable cost per occupied room per night 20 Revenue per occupied room per night 75
Total shares outstanding will be
Your firm is trying to determine whether it should finance a project requiring $800,000 with new common stock or with debt. The firm is faced with the following financing alternatives: I: Issue new common stock. Sale price of the common stock is expected to be $40 per share. II: Issue new bonds with a coupon rate of 12%. The firm has a marginal tax rate of 34%, the company currently has 40,000 shares of common stock outstanding, and $90,000 face value of 10% debt outstanding. A) 20,000 under alternative I and zero under alternative II. B) 40,000 under alternative I and 60,000 under alternative II. C) 60,000 under alternative I and 40,000 under alternative II. D) 60,000 under both alternative I and alternative II.