When considering nonmetric correlation, as a rule of thumb, ________ is to be preferred when a large number of cases fall into a relatively small number of categories (thereby leading to a large number of ties)

Consider two firms, Go Debt corporation and No Debt corporation. Both firms are expected to have earnings before interest and taxes of $100,000 during the coming year

In addition, Go Debt is expected to incur $40,000 in interest expenses as a result of its borrowings whereas No Debt will incur no interest expense because it does not use debt financing. However, No Debt will have to pay stockholders $40,000 in dividend income. Both firms are in the 40 percent tax bracket. Calculate the Earnings after tax for both firms. Which firm has the higher after-tax earnings? Which firm appears to have the higher cash flow? How do you account for the difference?

ERP stands for

A) enterprise resource planning. B) enterprise resource program. C) enterprise reporting program. D) none of the above