In the early 21st century, the nonprofit sector has diminished as a career avenue for aspiring public relations graduates

Exporting is:

A. A common entry strategy for global expansion B. Manufacturing a product in one location and exporting to consumers in global markets C. Consistent with a pure global strategy D. Expensive E. All of the above

A company starts with $1 billion in assets, $400 million in owners' equity & $600 million in debt. It draws down $100 million from its bank credit line and uses the funds to purchase its own shares in the stock market. What does this do to the balance sheet?

a) increases book value b) decreases book value c) increases leverage ratio d) decreases leverage ratio e) increases assets f) decreases assets g) increases market value h) deceases market value