The higher the firm's flotation cost for new common equity, the more likely the firm is to use preferred stock, which has no flotation cost, and retained earnings, whose cost is the average return on the assets that are acquired.
Answer the following statement true (T) or false (F)
False
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Preferred stock, on which the claims for unpaid dividends may be accumulated from year to year, is called
a. participating. b. nonparticipating. c. cumulative. d. noncumulative.
Use an exploded pie chart:
a. to give equal emphasis to all slices of a pie b. to emphasize a particular slice of a pie c. to give a pie chart a serious tone d. none of the above
The most important operational decision related to transportation in a supply chain is
A) minimizing cost of transportation. B) maximizing profitability of the supply chain. C) reducing the level of cycle inventory. D) the routing and scheduling of deliveries.
The commerce clause's express grant of exclusive authority to regulate commerce that substantially affects trade and commerce among states is referred to as the
a. dormant aspect of the commerce clause. b. positive aspect of the commerce clause. c. negative aspect of the commerce clause. d. exclusive aspect of the commerce clause.