The capital structure weights used in computing the weighted average cost of capital are:
A) constant over time provided that the debt-equity ratio changes in unison with the market values.
B) based on the face value of the firm's debt.
C) computed using the book value of the long-term debt and the shareholder's equity.
D) based on the market value of the firm's debt and equity securities.
E) limited to the firm's debt and common stock.
D
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To be effective, ethics officers must ______.
A. focus exclusively on their ethics duties B. function independently C. have high power and status D. all of these
__________is a thorough, systematic, periodic evaluation of the objectives, strategies, structure, and performance of the marketing organization
Fill in the blanks with correct word.
Nevada passed a law banning all commercial billboards along state highways to improve the appearance of the environment. If this law were to be challenged, which of the following would a court examine to determine if the law is constitutional?
a. It would have to be established that the law furthers an interest of the state of Nevada to create a more aesthetically pleasing environment. b. It would have to be shown that the law directly and materially advances the state's goal of a more aesthetically pleasing environment. c. It would have to be shown that the law reaches no further than necessary to promote the state goal. d. All of the above.
The benefit of the ________ approach to firm valuation is that it allows us to segregate the value of a firm if it is all-equity, and the value of the tax benefits of debt
A) capital structure B) internal rate of return C) net present value D) adjusted present value