If a firm has an equity multiplier of 3, this means that the firm has $3 in equity for every $1 in long-term debt

Growth can be reconciled with the goal of maximizing firm value:

A. because greater growth always adds to value. B. because growth must be an outcome of decisions that maximize NPV. C. because growth and wealth maximization are the same. D. because growth of any type cannot decrease value. E. None of the above.

A(n) ________ company typically has a regiocentric or geocentric management orientation

A) multinational B) transnational C) domestic D) international