Capital structure is best defined by which of the following questions?
A) How will we finance our product and service choices?
B) What business are we in?
C) How will we manage our day-to-day financial needs?
D) What is our firm's best choice for corporate governance?
Answer: A
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The method which is used most often to value land or sites is:
A: The developmental method; B: The residual method; C: The allocation method; D: The comparative method.
If management should decide to expand its business internationally, it should determine the optimal level of global involvement by answering all but which of the following questions?
A) Should the firm directly export to another firm in the target country, or should it hire an export trading company to market its products? B) Should the firm license the use of it products under an international licensing agreement? C) Should the firm go international by joint venture, merger, or acquisition? D) Should the firm exercise its power of condemnation, and if so, to what extent?