Given taxes and bankruptcy costs exist, as financial leverage increases, the weighted average cost of

capital first decreases and then increases.

Indicate whether the statement is true or false

TRUE

Business

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The term given to the act of a company comparing its processes to similar processes in a successful company is called

a. process mapping. b. TQM. c. benchmarking. d. return on quality.

Business

For the most part, credit card companies can charge high fees, raise rates, and lower credit limits without violating the law

Indicate whether the statement is true or false

Business