________ consumers are one of the fastest-growing U.S. population subsegments and are expected to surge to nearly one third of the total U.S. population by 2060

Which of the following statements is correct?

a. The appropriate tax rate to use in the adjustment of the before-tax cost of debt to determine the after-tax cost of debt is the average tax rate because interest is deductible against the company's entire taxable income. b. For a given company, the after-tax cost of debt is generally less than both the cost of preferred equity and the cost of common equity. c. For a given company, the investment opportunity schedule is upward sloping because as a company invests more in capital projects, the returns from investing increase.

One way of enriching factory jobs is to vertically enlarge the jobs by including planning, organizing, and quality control responsibilities

Indicate whether the statement is true or false