Which of the following statements is correct? select one:
a. because we often need to make comparisons among firms that are in different income tax brackets, it is best to calculate the wacc on a before-tax basis.
b. if a firm has been suffering accounting losses and is expected to continue suffering such losses, and therefore its tax rate is zero, it is possible that its after-tax component cost of preferred stock as used to calculate the wacc will be less than its after-tax component cost of debt.
c. due to the way the mcc is constructed, the first break point in the mcc schedule must be associated with using up all available retained earnings and having to issue common stock.
d. normally, the cost of external equity raised by issuing new common stock is above the cost of retained earnings. moreover, the higher the growth rate is relative to the dividend yield, the more the cost of external equity will exceed the cost of retained earnings.
e. the lower a company's tax rate, the greater the advantage of using debt in terms of lowering its wacc.

In the supply-and-demand schedule shown above, at the lowest price of $50, producers supply music players and consumers demand music players.

Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150

Nell and kirby are in the process of negotiating their divorce agreement. what should be the tax consequences to nell and kirby if the following, considered individually, became part of the agreement? a. in consideration for her one-half interest in their personal residence, kirby will transfer to nell stock with a value of $200,000 and $50,000 of cash. kirby's cost of the stock was $150,000, and the value of the personal residence is $500,000. they purchased the residence three years ago for $300,000.nell's basis for the stock is $ xkirby's basis in the house is $ xb. nell will receive $1,000 per month for 120 months. if she dies before receiving all 120 payments, the remaining payments will be made to her estate.the payments (qualify, do not qualify) as alimony and are (included in, excluded from) nell's gross income as they are received.c. nell is to have custody of their 12-year-old son, bobby. she is to receive $1,200 per month until bobby (1) dies or (2) attains age 21 (whichever occurs first). after either of these events occurs, nell will receive only $300 per month for the remainder of her life.$ x per month is alimony that is (included in, excluded from) nell's gross income, and the remaining $ x per month is considered (child support, property settlement) and is (nontaxable, taxable) to nell.