If the interest rate on your home mortgage will not change over the life of the loan you have a(n) ________
Fill in the blank(s) with the appropriate word(s).
Answer: fixed-rate mortgage
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Variances from standard costs are usually reported to:
A) suppliers B) stockholders C) management D) creditors
The weight of a loaf of bread is normally distributed with a mean of 22 oz and a standard deviation of 0.5 oz. What is the probability that a loaf is larger than 21 oz?
What will be an ideal response?
Which of the following is an internal project stakeholder group?
A) Clients B) Suppliers C) Functional managers D) Competitors
Lang, Ofek, and Stulz (1996) analyzed the relationship between leverage and growth opportunities. They focus on the market's assessment of the ability of the firm to generate profitable growth
Their measure of profitable growth opportunities is Tobin's q ratio, the ratio of the market value of the firm's equity to its book value. They summarize their results as follows: "We show that there is a negative relation between leverage and future growth. This negative relation between leverage and growth holds for firms with (i) Tobin's q ratio, but not for firms with (ii)__ Tobin's q. (i) (ii) a. low high b. high low