Investors ________ for estimating the WACC
A) are indifferent between using market and book value
B) prefer book value to market value
C) prefer market value to book value
D) prefer a mix of book and market value
Answer: C
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The ________ Clause in the Constitution collectively prohibits states from enacting laws that unduly discriminate in favor of their residents
A) Due Process B) Equal Protection C) Establishment D) Privileges and Immunities
Which of the following supports the argument that customer demands for local customization are on the decline worldwide?
A. Local and indigenous industries are increasingly filling up available demand. B. High costs of local customization are deterring companies from doing so. C. Governments across the world are standardizing their legal procedures. D. Customer tastes have converged worldwide. E. Managers worldwide ignore the differences in consumer tastes and preferences.