Firms that face a __ tax rate structure have an incentive to hedge, because it can reduce the firm's expected tax liability

What is the fixed-cost expenditure for a firm with a DOL of 4.5 that generates pretax profits of $1 million and has $600,000 in depreciation expense?

A) $2.1 million B) $1.1 million C) $3.9 million D) $2.9 million

Which of the following is a potential drawback to IM?

A) Longer response times on urgent messages B) Higher data usage costs C) Availability of user authentication D) The ability to mimic a one on one conversation E) Limited number of compatible devices