In theory, the MNE should support ________ debt ratios than a purely domestic firm because their cash flows are ________
A) lower; more stable due to international diversification
B) lower; less stable due to international diversification
C) higher; more stable due to international diversification
D) higher; less stable due to international diversification
Answer: C
Business
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Most common ______________ of the Board of Directors - Executive, audit, nominating, compensation, litigation.
Fill in the blank(s) with the appropriate word(s).
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When only one class of stock is issued by a corporation, it should be termed:
A. Preferred stock B. Class B stock C. Treasury stock D. Common stock E. Authorized stock
Business