The optimal capital structure of a firm ________ the marketable claims and ________ the nonmarketable claims against the cash flows of the firm.
A) minimizes; minimizes
B) minimizes; maximizes
C) maximizes; minimizes
D) maximizes; maximizes
E) equates; (leave blank)
C) maximizes; minimizes
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In which country is a photograph of the applicant typically included with the résumé?
a. France b. Germany c. England d. United States
If you plan to refer to handouts, you should distribute them immediately before beginning the presentation
Indicate whether the statement is true or false
Which one of the following statements about process management is BEST?
A) When customization must be high, equipment should be general purpose, and employees need to perform a broader range of duties. B) The traditional relationship between capital intensity and resource flexibility is that if one is high, so is the other. C) Creating a more capital-intensive process tends to reduce the fixed cost and raise the variable unit cost. D) Economies of scope mean that a process should be devoted to a single product or service to achieve high volumes.
Howard needs a truck to pull a 2,000-pound trailer. Gordon tells Howard, "My truck will pull a 2,000-pound trailer with ease." Relying on Gordon's statement, Howard buys the truck, but it will not pull a 2,000-pound trailer. If Gordon did not intend to deceive and Howard sues for nonfraudulent misrepresentation, he can recover:
A) punitive damages, but not out-of-pocket damages. B) out-of-pocket and consequential damages, but not punitive damages. C) out-of-pocket damages plus punitive damages. D) nominal damages, because Howard should have known the capacity of the truck.