Heilbroner countered Friedman by noting that Friedman's argument that business will acquiesce to the rules of the game or even have a hand in making the rules is not realistic given business' current role in lobbying
a. True b. False
a
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A company using the periodic inventory system records cost of goods sold when products are sold
Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. If a company has a WACC = 12% and its free cash flow is expected to grow at a constant rate of 5%, this implies that the stock's dividend yield is also 5%. B. The free cash flow valuation model for constant growth, Vop = FCF1/(WACC ? g), can be used to value firms whose free cash flows are expected to decline at a constant rate, i.e., to grow at a negative rate. C. The value of operations of a stock is the present value of all expected future free cash flows, discounted at the free cash flow growth rate. D. The constant growth model cannot be used for a zero growth stock, where free cash flows are expected to remain constant over time. E. The constant growth model is often appropriate for evaluating start-up companies that do not have a stable history of growth but are expected to reach stable growth within the next few years.
What decision should be made by the optimistic decision maker?
Use the following table to answer the question(s) below. s1 s2 s3 d1 10 8 6 d2 14 15 2 d3 7 8 9
What are the transformational factors in the Burke–Litwin model? What type of change do they create and what part of the organization do they change?
What will be an ideal response?