Which of the following would increase the likelihood that a company would increase its debt ratio, other things held constant? a. An increase in costs incurred when filing for bankruptcy
b. An increase in the corporate tax rate
c. An increase in the personal tax rate
d. The Federal Reserve tightens interest rates in an effort to fight inflation
e. The company's stock price hits a new low

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Which feature is a characteristic of a corporation?