The capital structure for the CR Corporation is the following: bonds $5,500, and common stock $11,000. If CR has an after-tax cost of debt of 6%, and a 16% cost of common stock, what is its WACC?
A) 9.33%
B) 12.67%
C) 13.33%
D) 14.67%
Ans: B) 12.67%
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Which of the following is the best example of a whistleblower?
A. Barbara told her friend that her employer was illegally dumping toxic waste into the river. B. Susan told her neighbor that her employer was illegally dumping toxic waste into the river. C. Gayle told a county environmental compliance officer that her employer was illegally dumping toxic waste into the river. D. Annie told her business law professor that her employer was illegally dumping toxic waste into the river.
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A) the consumer decision-making process B) the family life cycle C) cognitive dissonance D) consumer behavior E) extended problem solving