The percentage of a firm's total capital that is debt times the cost of debt plus the percentage of a firm's total capital; or equity times the cost of equity is the
A) weighted cost of capital.
B) weighted average cost of capital.
C) cost of capital.
D) average cost of capital.
B
Business
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The accounting principle that requires revenue to be reported when earned is the:
a. Matching principle. b. Revenue recognition principle. c. Time period principle. d. Accrual reporting principle. e. Going-concern principle.
Business
Of the following, which type of appraisal report would be the most comprehensive?
a. Form report b. Letter of opinion c. Narrative report d. Reconciliation
Business