Changes in a firm's bond rating affect its ability to:
A. claim deductions in tax liability computation.
B. procure raw material in sufficient quantity for manufacturing processes.
C. increase the coupon rate on bonds issued to investors.
D. borrow long-term capital as well as the cost of such funds.
E. exercise a call provision on its bonds.
Answer: D
You might also like to view...
Morris Inc manufactures two products: Widgets and Gizmos. Widgets have a contribution margin per unit of $30 and require 2 hours of direct labor while Gizmos have a contribution margin per unit of $39 and require 3 hours of direct labor. A. In the
short-run, how should the company choose which product to produce or sell first if direct labor hours are a constraint? B. Assuming there is sufficient demand for each of these products, which of the above products should the company maximize production of first? Show calculations to support your answer.
A collection of all state probabilities for a given system at any given period of time is called the
A) transition probabilities. B) vector of state probabilities. C) fundamental matrix. D) equilibrium condition. E) None of the above
In open-source databases, the most important performance enhancement to date is the cost-based ________
Fill in the blanks with correct word
If a decision variable is not positive in the optimal solution, its reduced cost is
a. what its objective function value would need to be before it could become positive. b. the amount its objective function value would need to improve before it could become positive. c. zero. d. its dual price.