If the interest rate is 7% and the tax rate is 15%, what is the after -tax cost of capital for the firm?

What are the costs associated with inflation?

What will be an ideal response?

Which of the following stands true for technological innovation?

a. Actual changes in technology proceed as evenly as expenditures on research and development. b. A decline in spending on research and development may indicate less of a commitment to increasing productivity. c. The purchase of computer hardware or software as investment is not advised because of continuous innovations in the field of IT. d. In developing countries, the benefits of IT innovations are being fully exploited because of a large population. e. Education gives developing countries a substantial advantage over industrial countries in creating and implementing innovations because of a large percentage of skilled labor force in the population.