Which best expresses former Colgate CEO Reuben Mark's thoughts on vision?
A) It's becoming less important that a clear mission make sense internationally.
B) It's essential to drive home different messages in different cultures.
C) Keeping the vision simple will never rally everyone to the corporate banner.
D) Pushing one vision globally is essential.
E) Elevated missions or visions will alienate international markets.
D
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MicroTech Corporation is subject to a 30% income tax rate. Given the following information about the firm's capital structure, calculate the corporation's weighted-average cost of capital (WACC): (Do not round intermediate calculations. Round your answers to 2 decimal places. (i.e. 0.1234 = 12.34%).)
Source of Funds Market Value After-Tax Rate or Expected ReturnLong-term debt $70million 10%Preferred stock 100million 12 Common stock 90million 15
The goal achieved by using mass production is to ________
A) produce goods of the highest possible quality B) replace all employee jobs with speedier machines C) provide the maximum flexibility in production D) produce large quantities of goods at a low cost E) process different parts simultaneously