<u>By choosing </u><u>high-risk ventures,</u><u> stockholders steal wealth from bondholders. The incentive for underinvestment is one of </u><u>bankruptcy's</u><u> </u><u>indirect costs. </u>
- Underinvestment would typically lead to - The company rejecting profitable proposals that would unquestionably be approved if the company were fully funded by equity.
How does a company's capital structure get impacted by bankruptcy costs?
- The likelihood of bankruptcy may rise as a result of higher capital expenses and increased risk.
- The company's WACC rises over the ideal level when additional debt is added to its capital structure, raising the cost of bankruptcy even more.
Learn more about bankruptcy
brainly.com/question/15277574
#SPJ4
Answer:
salespeople
Explanation:
In the context, Tara wishes to buy new shoes for her work. She went to shoe shop and try out different shoes. The salesperson is helping her a lot in finding out her new pair of shoes and is also showing Tara some of the latest designs that are available in the shop.
The salesperson is polite and helpful to her. Tara found out that the salesperson also belonged to the same university where Tara studied. And she ended up in buying three pair of shoes instead of one. This shows the effect of the salesperson on the consumer behavior of Tara.
food bank because they used a soup kitchen during the Great depression and it's for the homeless people too it has to be program
Answer: See explanation
Explanation:
From the information given,
Budgeted hours = 660
Budgeted rate per hour = 3.4
Budgeted rooms to clean = (600 × 60)/36 = 36000/36 = 1000
1. What is the amount of the budget variance?
This will be:
= (Actual room - Budgeted room) × Standard rate
= (1050 - 1000) × 3.4
= 50 × 3.4
= 170 favorable
2. What is the amount of the volume variance?
This will be:
= Standard cost - Actual labor cost
= (630 × 3.4) - (660 × 3.3)
= 2142 - 2178
= 36 Unfavorable
3. What is the amount of the efficiency variance?
This will be:
= 3.4 × (630 - 660)
= 3.4 × (-30)
= 10.20 Unfavorable
4. What is the amount of the rate variance?
This will be:
= Actual time ( Standard rate - Actual rate)
= 660 × (3.4 - 3.3)
= 660 × 1
= 660 Favorable
Answer:
Unique skills and personality
Explanation:
Every potential founder or entrepreneur have skills and personality unique to them. However, as a founder, one would hardly rely on combination of skills but a unique skill that will make him concentrate and make his business efficient.
Businesses need different skills to grow hence requires business founders to have a unique skill and personality and tailor them to the business. As a business continues to grow, it will get to a point where not just having skills will be enough but the unique and relevant skill that will help to create a more efficient and capable business .
Also as a business founder, one would likely perform different roles as at when required. However, one would discover that he is better on some roles compare to other roles due to having this unique skills and personality hence performs optimally.