A firm has a capital structure with $50 million in equity and $100 million of debt. The cost of equity capital is 11% and the pretax cost of debt is 5%. If the marginal tax rate of the firm is 40%, compute the weighted average cost of capital of the firm
A) 4.5%
B) 5.1%
C) 5.67%
D) 6.5%
Answer: C
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Computerization has led to a large increase in the use of the perpetual inventory system
Indicate whether the statement is true or false
Christie Rahberg lives in the Twin Palms apartments. The laundry facilities are closed between the hours of midnight and 5 AM because of the noise of the machines that affects those who live in nearby apartments. Christie has been sneaking into the laundry through a door that is not secured to do her laundry during what should be the closed hours. Those who live in the area complained and the
landlord put up a surveillance camera and caught Christie entering the laundry and doing her laundry during closed hours. The landlord has imposed a fine of $75 for Christie's violation. Which of the following statements is true? A) As long as the rules are part of the lease or there has been notification, Christie is liable for any violations. B) Landlords are not permitted to assess fees and fines under the URLTA. C) Christie can be warned about the laundry issue, but she cannot be fined unless the rules relate to safety. D) Landlord's rules are not enforceable.
WiMAX is a chip technology wireless standard designed for temporary, short-range connection among mobile devices and/or other devices
Indicate whether the statement is true or false
In simple linear regression analysis, which of the following is not true?
a. The F test and the t test yield the same conclusion. b. The F test and the t test may or may not yield the same conclusion. c. The relationship between X and Y is represented by means of a straight line. d. The value of F = t2.