When estimating an average corporate after-tax cost of capital, the component cost of equity is multiplied by (1-t) to allow for the tax-deductibility of dividend payments

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Floors R Us, a franchisor, cancels its franchise agreement with Bernardo, the franchisee, without any notice. Floor's action:

a.) will allow Bernardo a right to reimbursement of his franchise fee. b.) is an act in the ordinary course of business. c.) is a violation of federal law. d.) is likely a wrongful termination.

Business

Companies good at launching new products often have ________ culture that encourages risk-taking and the open exchange of ideas

A) an entrepreneurial B) a centralized C) a bureaucratic D) a mechanistic

Business