Your author identifies the ________ model of capital structure as one that describes the order in which firms typically raise capital
A) step
B) internal-external
C) queuing
D) pecking-order
D
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Answer the following statements true (T) or false (F)
1.A conversational style is important in the writing of business letters, as it aids in developing the “you viewpoint." 2. Paragraphs bring separate thoughts together and arrange them to convey a single important idea. 3. Good writing is useful only in business settings. 4. Using online collaborative writing technology will minimize emotional conflicts among collaborators. 5.Business managers are a discourse community because they have unique writing challenges.
While common stockholders have the right to receive dividends, holders of preferred stock elect the board of directors and approve or disapprove major corporate actions.
Answer the following statement true (T) or false (F)
Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. Predetermined overhead rate$23.60per machine-hourEstimated total fixed manufacturing overhead from the beginning of the year$708,000 Estimated activity level from the beginning of the year 30,000machine-hoursActual total fixed manufacturing overhead$752,000 Actual activity level 28,100machine-hours The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to:
A. $704,373 B. $708,000 C. $663,160 D. $44,000
A perfected PMSI creditor has priority over: A) Unrecorded mortgages
B) Secured creditors. C) Subsequent mortgages. D) a, b and c