Advantages of debt financing over equity financing are that:
A. repayment of debt principal is optional.
B. interest payments on debt are not tax deductible.
C. more money is available.
D. control is not diluted.
Answer: D
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The laws designed to protect the natural environment against undue harm by individuals and organizations are referred to as
A. sustainability laws. B. environmental regulations. C. eco-regulations. D. nature laws. E. green laws.
Mary Pickford is an analyst for Munford Stanley, an investment banker. She has touted the stock, an initial primary offering (IPO), of an obscure biotech firm as a "must buy.". Munford Stanley is the underwriter for the IPO. Pickford:
a. Does not have a conflict of interest. b. Has a conflict of interest, but it is acceptable in IPOs. c. Has a conflict of interest that must be disclosed to all purchasers. d. Does not have a conflict of interest, but Munford Stanley does. e. None of the above
A theorem that allows us to use the normal probability distribution to approximate the sampling distribution of sample means and sample proportions whenever the sample size is large is known as the
a. approximation theorem b. normal probability theorem c. central limit theorem d. central normality theorem
A student believes that no more than 20% (i.e., ?20%) of the students who finish a statistics course get an A. A random sample of 100 students was taken. Twenty-four percent of the students in the sample received 'A's
a. State the null and alternative hypotheses. b. Using the critical value approach, test the hypotheses at the 1% level of significance. c. Using the p-value approach, test the hypotheses at the 1% level of significance.