When issuing preferred shares instead of debt, corporations lose out on a valuable tax deduction
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Interest expense is tax deductible, dividends are not.
Business
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In a typical interest rate swap contract, the swap rate is best described as the interest rate for the:
A. fixed-rate leg of the swap. B. floating-rate leg of the swap. C. difference between the fixed and floating legs of the swap.
Business
________ refers to establishing the overall level of resources needed to meet customer demand
A) Production planning B) Facility analysis C) Capacity planning D) Process control E) Critical path analysis
Business