The optimal capital structure of a firm is that combination of debt and equity that provides the highest overall cost of capital, or the highest WACC

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: The optimal capital structure of a firm is that combination of debt and equity that provides the LOWEST overall cost of capital, or the LOWEST WACC.

Business

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Purchases Discounts is a contra-cost account

a. True b. False Indicate whether the statement is true or false

Business

The digital revolution is causing dramatic, desired changes in industry structures

Indicate whether the statement is true or false

Business

Southern Pacific Co v. Arizona concerned whether Arizona could, for safety considerations, require trains traveling through the state be a shorter length than trains traveling through other states. The Supreme Court justified striking down the Arizona law because:

a. because the law did not concern a legitimate state interest to improve transportation safety b. because Congress had passed legislation dealing with the length of trains c. because the law conflicted with federal standards d. because the law interfered with interstate commerce e. none of the other choices

Business

How can individuals safeguard their data from being misused?

A) by storing passwords in personal mails B) by using the same password for all email accounts C) by removing temporary Internet files D) by enabling Web sites to store cookies

Business