Which of the following is true of the assumptions outlined by the capital structure theory published by Professors Franco Modigliani and Merton Miller (MM)??
A. ?Personal income taxes are deductible.
B. ?Brokerage costs do not exist.
C. ?The value of the firm will be maximized by financing completely through equity.
D. ?A high debt/assets ratio decreases the value of the firm.
E. ?Bankruptcy costs are high when the firm uses no debt.
Answer: B
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What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. A design or symbol that distinguishes a product from its competitors is called packaging. 2. Store-brand items demand higher prices and are therefore more profitable. 3. Generic products have no brand name at all. 4. The ultimate in brand loyalty is brand preference. 5. Companies use individual branding when developing a product mix with a recognized brand name.
Which of the following may be changed on a Web form by using JavaScript?
A) add new fields B) remove old fields C) change field attributes D) radio button changing into a check box E) All of the above may be a type of change.
Annual purchase cost is included in the total cost in
a. the EOQ model. b. the economic production lot size model. c. the quantity discount model. d. all inventory models.