In a sprinkler approach to international expansion, ________
A) countries are entered when competition is limited
B) countries are gradually entered sequentially
C) countries in which the supply of raw material is greatest are entered first
D) countries in which the demand for the product is greatest are entered first
E) many countries are entered simultaneously
E) many countries are entered simultaneously
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A debtor filing for bankruptcy who is represented by an attorney need not be investigated or verified
Indicate whether the statement is true or false
Due to changes in regulatory requirements, the transactions costs associated with selling corporate
securities increased by $1 per share. This change will A) cause the cost of capital to increase. B) cause the cost of capital to decrease. C) have no effect on the cost of capital because transactions costs are expensed immediately. D) cause the cost of capital to decrease only if investors may be billed for part of the increase in transactions costs.