Opportunistic planners always plan around the most important aspect of the business first, act on it, and then consider if additional plans are needed.
Answer the following statement true (T) or false (F)
False
Opportunistic planners generally start with a goal and look for opportunities to achieve it. Once they find a good opportunity, even if it isn't the one related to their original goal, they act on it, so it is very short term in orientation.
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Which of the following is an input into the marketing plan that is provided by the finance
department of the company? A) cost structure for operations B) customer feedback on services or products delivered to customers C) required return on investment for new projects D) implementation capabilities
Suppose a firm evaluates four independent investments using only capital budgeting techniques that consider the time value of money. Which of the following statements is correct?
A. The company should purchase the one project that has the highest internal rate of return (IRR). B. All of the capital budgeting techniques the company uses should provide the same accept/reject decisions. C. The company should purchase the project that has the shortest traditional payback period (PB). D. The company should purchase the one project that has the highest net present value (NPV); the other projects should not be purchased, even if their NPVs are positive. E. The capital budgeting techniques used by the company will always agree on which project should be ranked as the best one to purchase.
A baseline standard is the minimum level of service it takes to satisfy customers under ordinary circumstances.
Answer the following statement true (T) or false (F)
Tardy Clocks Inc (TC) has long term bonds with a face value of $6M, the coupon rate on the bonds is 6% and the yield on the bonds is also 6%. The unlevered cost of equity is 10% and the value of TC's equity is $9.1M. The corporate tax rate is 35%
What is the required return of shareholders at Tardy? A) 6.00% B) 10.00% C) 10.92% D) 11.71% E) 12.57%