Facebook knows that one reason for its success is the creativity of its employees. Using creativity as a selection criterion when hiring new employees for the company is an example of hiring for a firm's.

In this problem, we admit only one real-world factor in an otherwise ideal capital market. This real world factor is corporate taxation; specifically that interest payments on debt are deductible while dividend payments are not deductible

Suppose Delaware East, Inc has until now been an all-equity firm with a market value of $100 mn. Now, the firm decides to increase its leverage by issuing $40 mn. in debt, with the proceeds being used to pay a dividend to shareholders. Assuming that this debt will be a permanent part of the firm's capital structure, and that the firm's tax rate is 34%, and accounting for the deductibility of the interest on the debt, what is the total market value of the firm after the recapitalization? a. $113.6 mn. b. $100 mn. c. $73.6 mn. d. $13.6 mn. FORMULA: VL=VU+?cD

Payroll, benefits administration, and applicant tracking are common uses for a firm's HRIS

Indicate whether this statement is true or false.