At the time Modigliani and Miller (MM) developed their capital structure theory, the assumptions that they made were realistic.
Answer the following statement true (T) or false (F)
False
Several of the assumptions outlined by MM for the modern capital structure theory were, and still are, unrealistic. See 12-5: Capital Structure Theory
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What problem do many small or medium-sized companies have with respect to codes of ethics that is less of a problem with larger companies?
a. a code of ethics that emphasizes punishment b. a vague code of ethics c. lacking a code of ethics d. a “lecturing” code of ethics
In Griswold v. Connecticut, the U.S. SupremeCourt recognized that a right of privacy exists under the "_____ of rights" implied in the Constitution
Fill in the blanks with correct word
If a vendor has correctly used marginal analysis to select its stock levels for the day (as in the newsperson problem in the text), and if the profit resulting from the last unit being sold (Cu) is $120 and the loss resulting from that unit if it is not sold (Co) is $360, which of the following is the probability of the last unit being sold?
A. Greater than 0.90 B. Greater than 0.25 C. Greater than 0.85 D. Greater than 0.75 E. None of these
Tierra has been a loyal customer of Apple for years. She likes to own the latest products and looks forward to announcements about product releases. She owns an Apple phone, iPad, and MacBook and hopes to purchase the new model phone when it's released in the fall. Tierra was talking to one of her friends about Apple and was surprised to learn that Apple was involved in some workforce-related issues at their overseas plant. Her friend was telling her that Apple paid very low wages and people were required to work long hours. Tierra reasoned that this issue must be related to a third-party manufacturer since Apple would never treat their employees this way. She dismisses the incidence and explained to her friend that it must have been an honest mistake. What type of process is Tierra
utilizing with regard to the information about Apple? A. Selective exposure B. Selective distortion C. Selective retention D. Selective perception