Which of the following statements is false? a. mmproposition1, if there are no taxes, states the value of the firm does not depend whatsoever on itscapital structure. b. mm proposition 2, if there are no taxes, explains how the cost of equity decreases as the firm increasesits use of debt financing. c. because interest expense is tax deductible, leverage increases the firm's value by the amount of thepresent value of the interest tax shield. d. because interest expense is tax deductible, a firm's wacc decreases as firms rely more heavily on debt financing.

What are two benefits of consumer programs

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?