Which of the following statements is CORRECT?
a. The after-tax cost of debt usually exceeds the after-tax cost of equity.
b. For a given firm, the after-tax cost of debt is always more expensive than the after-tax cost of non-convertible preferred stock.
c. Retained earnings that were generated in the past and are reported on the firm's balance sheet are available to finance the firm's capital budget during the coming year.
d. The WACC that should be used in capital budgeting is the firm's marginal, after-tax cost of capital.
e. The WACC is calculated using before-tax costs for all components.
d
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If a bank pays a check after it has received a stop-payment order and has to reimburse its customer for the improperly paid check, it acquires all the rights of its customer against the person to whom it originally made payment, except for rights arising from the transaction on which the check was based.
Answer the following statement true (T) or false (F)
Salespeople write up their completed activities in a(n) ________
A) sales quota report B) profit-sharing plan C) call plan D) call report E) expense report
Which of the following statements is true of union decertification?
A. A union can be decertified only if it is being pressured by the government to do so. B. A decertification election is conducted when 30 percent of the eligible employees in the bargaining unit sign the decertification cards. C. For decertification to occur, a closed-shop agreement must have existed between the union and the employer. D. Once a union has been decertified, a new election cannot be requested for certification for at least 2 years.
Skills important to the project manager include
A) technical skills. B) business skills. C) interpersonal skills. D) all of the above.