Which of the following factors is excluded from the calculation of free cash flow to the firm?
A. Principal repayments
B. Operating income
C. Depreciation
D. The change in working capital
E. Gross plant and equipment spending
查看答案
A firm's leveraged beta reflects all of the following except for
A. unleveraged beta
B. the firm’s debt
C. marginal tax rate
D. the firm's cost of equity
E. the firm's equity
Which one of the following factors is not considered in calculating the firm’s cost of capital?
A. cost of equity
B. interest rate on debt
C. the firm’s marginal tax rate
D. book value of debt and equity
E. the firm’s target debt to equity ratio
Which one of the following factors is not considered in calculating the firm’s cost of equity?
A. risk free rate of return
B. beta
C. interest rate on corporate debt
D. expected return on equities
E. difference between expected return on stocks and the risk free rate of return
Developing staffing plans requires which of the following?
A. Identifying personnel requirements
B. Determining the availability of skilled employees to fill these requirements
C. Developing compensation plans
D. A and B only
E. A, B, and C