In the U.S. circuit courts of appeals, an en banc review refers to an appeal heard by a three-judge panel

Which of the following is true of development?

A. It focuses only on helping employees improve performance of their current jobs. B. The use of work experience is low in development. C. Participation in development is voluntary. D. It s not related to preparing employees for changes. E. It is linked to fixed business goals.

Rogue River Retail Inc. has a before-tax cost of debt of 8.00%, a cost of equity of 12.00%, a tax rate of 30.00% and no preferred stock outstanding. If the firm is made up of 50% debt and 50% equity, what is the firm's after-tax cost of borrowing?

A) 12.00% B) 11.60% C) 8.00% D) 5.60%