The cost of retained earnings is generally higher than both the cost of debt and cost of preferred stock

Indicate whether the statement is true or false


TRUE

Business

You might also like to view...

A company's income statement showed the following: net income, $132,000; depreciation expense, $39,000; and gain on sale of plant assets, $13,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,200; merchandise inventory increased $27,000; prepaid expenses increased $8000; accounts payable increased $5200. Calculate the net cash provided or used by operating activities.

A. $153,400. B. $155,400. C. $139,400. D. $181,400. E. $160,200.

Business

Making every statement in a presentation into a major point is always possible

Indicate whether the statement is true or false

Business

Unlike human experts, expert systems do not need to explain their views, recommendations, or decisions

Indicate whether the statement is true or false

Business

Element Inc manufactures a new range of smartphones to take on incumbent competitors. Element grabs a huge chunk of the market share in its first year because of its feature-rich smartphones

Element's smartphones come with bigger screen sizes, greater memory capacities, and a free online music subscription for two years. The competitors fail to lure customers despite massive price reductions. Which of the following strategies is being used by Element?A) focused niche strategy B) loss leader strategy C) cost leadership strategy D) product differentiation

Business