Concerning the covering of exchange market risks, assuming that a depreciation of the domestic currency is anticipated, one can say that there is an incentive for
a. exporters to rush to cover their future needs.
b. importers to rush to cover their future needs.
c. both exporters and importers to rush to cover their future needs.
d. neither exporters nor importers to rush to cover their future needs.
b. importers to rush to cover their future needs.
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Downward communication is used more frequently than upward communication in most organizations
Indicate whether the statement is true or false
Tangerine Inc.'s target capital structure is 20 percent debt, 20 percent preferred stock, and 60 percent common equity. Its bonds have a 12 percent coupon, paid semiannually, a current maturity of 20 years, and sell for $1,000. The firm's marginal tax rate is 40 percent. The firm's policy is to use a risk premium of 4 percentage points when using the bond-yield-plus-risk-premium method to find the cost of retained earnings. Which of the following is Tangerine's component cost of retained earnings??
A. ?8 percent B. ?10 percent C. ?12 percent D. ?14 percent E. ?16 percent
A lag indicator is a performance measure that forecasts future performance
Indicate whether the statement is true or false
Refer to the instruction above. What is the break-even quantity?
A) 2,000 units per year B) 3,000 units per year C) 6,000 units per year D) 20,000 units per year