If Nestlé decides not to market biscuits (cookies) in the United States due to competitive reasons, it is considered to be having a lack of strategic focus and missed opportunity

The ________ is a government agency that insures deposits at most banks and savings institutions in the United States

A) Federal Deposit Insurance Corporation B) Federal Reserve System C) Resolution Trust Corporation D) Bureau of Federal Credit Unions

Which of the following statements is most accurate in the M&M world including taxes and financial distress?

A) Overall market value of the firm = market value of all-equity firm - value of interest tax shield — costs of financial distress B) Overall market value of the firm = market value of all-equity firm + value of interest tax shield — costs of financial distress C) Overall market value of the firm = market value of all-equity firm - value of interest tax shield + costs of financial distress D) Overall market value of the firm = market value of all-equity firm + value of interest tax shield + costs of financial distress