Ellen, a U.S. citizen, worked for a U.S. firm in Germany for four years and was transferred back to the firm's home office in Chicago two months ago

Ellen feels significant dissatisfaction with her job and life in Chicago, which is most likely a result of ________.
A) reverse culture shock
B) polycentrism
C) culture shock
D) ethnocentrism

A

Business

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In capital budgeting, the appropriate decision rule for an average-risk project is to accept if the ________ is greater than the WACC

A) NPV B) IRR C) cost of equity D) cost of debt

Business

In the event of a corporate bankruptcy, bondholder's claims are paid before shareholders' claims are paid

Indicate whether this statement is true or false.

Business