The marginal cost of capital
A. is the firm's cost of debt and equity finance.
B. is constant given an optimal capital structure.
C. declines as flotation costs alter equity financing.
D. refers to the cost of additional financing.
Answer: D
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Marketers have traditionally classified products on the basis of three characteristics: ________, tangibility, and use
A) availability B) affordability C) aesthetics D) durability E) necessity
The length of the operating cycle equals the days' sales uncollected plus the
a. days' payable.. b. days' inventory on hand. c. receivable turnover d. payables turnover.
Providing expatriates with company newsletters and community newspapers helps them
A. develop the skills required to complete the task and return home. B. deal with differences in language and culture in a new country. C. identify their role and responsibilities as an overseas manager. D. understand the work requirements of a foreign assignment better. E. experience minimal difficulty trying to adapt to changes on returning to the home country.
For the current fiscal year, Purchases were $680,000, Purchase Returns and Allowances were $21,640, Purchase Discounts were $5,800 and Freight In was $41,500. If the beginning merchandise inventory was $240,000 and the ending merchandise inventory was $215,000, the Cost of Goods Sold is:
A. $719,060 B. $501,060 C. $636,060 D. $476,060