Which of the following mathematical operations cannot be performed on Matrices?
A) matrix addition, subtraction, and multiplication
B) matrix inversion
C) transposing a matrix
D) multiple regression
E) None of the above
D
Business
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MicroTech Corporation is subject to a 34% 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 $80million 9%Preferred stock 30million 11 Common stock 30million 14
Business
The ________ bears the risk of loss during transportation in a destination contract
A) buyer B) seller C) carrier D) shipper
Business