The EBIT-EPS approach to capital structure involves selecting the capital structure that maximizes earnings before interest and taxes (EBIT) over the expected range of earnings per share (EPS)
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FALSE
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Bacon Financial Advisors provides accounting and finance assistance to customers in the retail business. Bacon has four professionals on staff and an office with six clerical staff. Total compensation, including benefits, for the professional staff runs about $573,000 per year, and normal billable hours are 8000 hours per year. The professional staff keep detailed time sheets organized by client number. The total office and administrative costs for the year are $753,000. What is the direct labor rate for the professional staff? (Round your answer to the nearest cent.)
A) $94.13 per hour B) $22.50 per hour C) $71.63 per hour D) $165.75 per hour
Which component below is an external force for change discussed in the textbook?
A. organizational restructuring B. management changes C. customers changing preferences D. intrapreneurship
The job of product or brand manager is often created when a firm wants to
A. eliminate the job of sales manager. B. do away with product "champions." C. handle many different kinds of products or brands. D. eliminate the job of the research and development department. E. None of these answers is correct.
Type 1 delivery is the slowest but most reliable service offered by LLC
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