Advantages of private placements do NOT include which of the following?
A) lower flotation costs
B) funds which are available more quickly than through a public offering
C) more financing flexibility
D) investor protection through extensive regulation
D
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An inside sales force is often used to reach small or hard-to-reach customers that a firm might otherwise promote to with mass selling or ignore altogether.
Answer the following statement true (T) or false (F)
Icarus Airway's decision to acquire Midas Fuels Inc. proved to be ill-fated because the Icarus managers overestimated their abilities and skills. They believed that they had the skills to manage such diversified businesses and create additional shareholder value. However, the acquisition failed to create the anticipated synergies because the managers' capabilities were restricted to the airline industry. What does this scenario best illustrate?
A. managerial hubris B. knowledge race C. unfettered free market D. competitive feasibility
The base level of EBIT must be held constant to compare the financial leverage associated with different levels of fixed financial costs
Indicate whether the statement is true or false
In Japan, union leadership is a stepping stone to management
Indicate whether the statement is true or false