Which of the following is an advantage for a firm to issue common stock over longdashterm debt?
a. the tax deductibility of dividends which lowers the cost of equity financing
b. no maturity date on which the par value of the issue must be repaid
c. the cost of equity financing being less than the cost of debt financing
d. the primary claim of equityholders on income and assets in the event of liquidation

During a meeting, tammy, a branch manager for usa bank, pointed to the corporate organization chart on the wall. tammy remarked that "these people provide advice, recommendations, and research for us, and they are indicated with a dotted line. laura (our ceo) and the vice presidents of our organization are up here, indicated on the organization chart by a solid line vertical line." are indicated on the organization chart by a solid line and are indicated by a dotted line. a. line managers; temporary personnel b. line managers; personnel in training c. staff personnel; vital personnel d. line managers; part-time personnel e. line managers; staff personnel