Answer:
C. Individuals and corporations borrow at the same rate.
Revised Question:
A key underlying assumption of MM Proposition I without taxes is that:
A. financial leverage increases risk.
B. individuals can borrow at lower rates than corporations.
C. individuals and corporations borrow at the same rate.
D. managers always act to maximize the value of the firm.
E. corporations are all-equity financed.
Explanation:
Modigilani-Miller gave theories about the optimal capital structure of the firms. They proposed thier theories under <em>taxes and and without taxes</em> economies. They gave two propositions under each economy.
MM proposition I without taxes states that value of of firm with equity finance and value of a firm with debt finance are equal. So the capital structure of a firm is irrelevant in decision making.
The underlying assumption of the proposition is:
Presence of asymmetric information due to which, investor's and firm's cost of borrowing money is same.
Grace wants to be an astronaut. Which of the following goals would be appropriate for her? <span>I will become an astronaut by completing an undergraduate degree in aerospace engineering and a doctoral degree in biology. I will attain this goal by age 30. Although the statements above all relate to becoming an astronaut, this one is the only statement that expresses how Grace will become an astronaut. Growing up, we all have dreams of what we would like to do but knowing how and setting a goal for accomplishing them makes a dream become more of an attainable reality. </span>
Answer: Consume.
Explanation: To satisfy their wants humans tends to consume goods and services. consumes in this sentence is used to indicate the Human purchasing power to sati their needs. And what are human needs this are what we need to survive on a daily basis mainly food, clothes and shelter. So by consuming goods and services we are satisfying our need.
Answer:
a. Make each sub-point exclusive
f. Divide the main topic into major components
Explanation:
Outline is a type of table of content that helps a reader to understand the scenario of the overall article or piece. Making an effective outline is a challenging task. However, the following things certainly can make an effective outline.
Putting the main idea in the title is one of them. Under the title, break the topic or title into major components (Option F). Using sub-points make the piece more relevant (Option A). Besides, moving sub-points to larger group or components make the article beautiful (Opposite of Option B). Do not separate the main topic from the title make an outline unclear (Opposite of Option D).
<span>If a person is self employed, they are responsible for paying their own taxes. There are tables available on line to calculate the amounts. They should be paid no less than quarterly. If the income is significant, an account should be set up, or they should be paid more frequently. There are fees for late payments.</span>
