Who among the following belongs to the external labor market of a company?

A) A permanent employee of the company
B) A temporary worker of the company
C) An employee referral
D) A worker on contract with the company
E) A part-time worker of the company

Answer: B) A temporary worker of the company

Business

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The Court will pierce the corporate veil in all cases in where it is just and equitable to do so

Indicate whether the statement is true or false

Business

Consider the M&M world of corporate taxes. The interest expense is $10 million, the corporate tax rate is 20%, and the discount rate on the tax shield is 10%. What is the gain to leverage or the value added from issuing debt?

A) $19 million B) $20 million C) $29 million D) $30 million

Business