MM Proposition II with no taxes supports the argument that a firm's: a. unlevered equity is risk-free.
b. cost of equity is inversely related to the firm's debt-equity level.
c. cost of equity is unaffected by the firm's unlevered cost of capital.
d. Incorrect WACC will exceed the unlevered firm's cost of equity.
e. WACC remains constant even if the firm changes its capital structure.

Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.