Which of the following is true?
a. Companies can raise common equity only by issuing new shares of common stock.
b. There is no opportunity cost associated with use of retained earnings as a source of common equity.
c. Most large mature firms issue new shares of common stock on a regular basis.
d. Companies can raise common equity by issuing new shares of common stock and through retained earnings.
D
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The Financial Modernization Act of 1999
a. made it clear that states were to be primary regulators b. deregulated commercial insurance lines c. removed barriers separating financial services fields d. shifted insurance regulation to the federal government
The three major elements of the product decision are:
A) selection, definition, and design. B) goods, services, and hybrids. C) strategy, tactics, and operations. D) cost, differentiation, and speed of response. E) legislative, judicial, and executive.