The Apple II, Macintosh, iPod, iPhone, iPad, and CarPlay are all examples of Apple's commitment to ________.
A. social responsibility
B. using renewable resources
C. new product development
D. sustainable procurement
E. respecting its workforce
Answer: C
You might also like to view...
U.S. companies that wish to achieve maximum growth potential must "go global," because 25 percent of world market potential is outside their home country
Indicate whether the statement is true or false
A drawee bank is primarily liable after it accepts the check
a. True b. False Indicate whether the statement is true or false
Suppose that you believe that a cubic relationship exists between the independent variable (of time) and the dependent variable Y. Which of the following would represent a valid linear regression model?
A) Y = b0 + b1 X, where X = time3 B) Y = b0 + b1 X3, where X = time C) Y = b0 + 3b1 X, where X = time3 D) Y = b0 + 3b1 X, where X = time E) Y = b0 + b1 X, where X = time1/3
Which of the following statements is CORRECT?
A. The bond-yield-plus-risk-premium approach to estimating the cost of common equity involves adding a risk premium to the interest rate on the company's own long-term bonds. The size of the risk premium for bonds with different ratings is published daily in The Wall StreetJournal or is available online. B. The WACC is calculated using a before-tax cost for debt that is equal to the interest rate that must be paid on new debt, along with the after-tax costs for common stock and for preferred stock if it is used. C. An increase in the risk-free rate is likely to reduce the marginal costs of both debt and equity. D. The relevant WACC can change depending on the amount of funds a firm raises during a given year. Moreover, the WACC at each level of funds raised is a weighted average of the marginal costs of each capital component, with the weights based on the firm's target capital structure. E. Beta measures market risk, which is generally the most relevant risk measure for a publicly-owned firm that seeks to maximize its intrinsic value. However, this is not true unless all of the firm's stockholders are well diversified.