Small businesses make less use of DCF capital budgeting techniques than large businesses. This may reflect a lack of knowledge on the part of small firms' managers, but it may also reflect a rational conclusion that the costs of using DCF analysis outweigh the benefits of these methods for very small firms.
Answer the following statement true (T) or false (F)
True
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The two broad bases of a leader's power are organizational and hierarchical.
Answer the following statement true (T) or false (F)
How much do investment bankers earn for handling an IPO?
a. a flat fee of $1 million b. 7% of all the money earned from the IPO c. 7% of the value of the company d. a flat fee of $7 million
A ________ is a company's acquisition of one of its customers or suppliers
a. vertical merger b. conglomerate merger c. horizontal restraint d. horizontal merger
The three categories of a firm's statement of cash flows are ________
A) cash flow from operating activities, cash flow from investment activities, and cash flow from noncash activities B) cash flow from operating activities, cash flow from noncash activities, and cash flow from financing activities C) cash flow from equity activities, cash flow from investment activities, and cash flow from financing activities D) cash flow from operating activities, cash flow from investment activities, and cash flow from financing activities