Which of the following is not a reason for the issuance of long-term liabilities?
A) Debt financing offers an income tax advantage.
B) Debt financing dilutes ownership interest.
C) Debt may be the only available source of funds.
D) Debt financing may have a lower cost.
B
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________ is the application of statistical techniques to find patterns and relationships among data for classification and prediction.
A. Data warehousing B. Data mining C. Database normalization D. Data clustering E. Data optimization
Alpha Inc. combines the marginal cost of capital (MCC) and the investment opportunity schedules (IOS) on a graph. Which of the following areas on the graph shows the maximum excess of returns over costs??
A. The area that is below the WACC? B. ?The area that is above the IOS C. ?The point of intersection of WACC and IOS D. ?All the investment opportunities along the IOS line would have maximum excess of returns over costs. E. ?The area that is above the WACC but below the IOS.
Intermediaries are active in the swap markets because
A) they increase liquidity. B) they reduce default risk. C) they reduce search cost. D) all of the above are true.
_____ is used to coordinate supply chain members through point-of-sale (POS) data sharing and joint planning
Fill in the blank(s) with correct word