The break-even market share for a company is ________
A) break-even volume divided by fixed expenses
B) break-even volume divided by market demand
C) market demand divided by break-even volume
D) fixed expenses divided by break-even volume
E) market share divided by break-even volume
B
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All else equal, an increase in beta results in
A) an increase in the cost of newly issued common stock. B) an increase in the cost of retained earnings. C) an increase in the after-tax cost of debt. D) an increase in the cost of common equity, whether or not the funds come from retained earnings or newly issued common stock.
In addition to legal systems that vary by culture, which other standard differs by culture, making international business more complicated?
A) Ethical B) Judgmental C) Flexibility D) Technological E) Ability