A Good Listener Pays Attention By

question 27

Multiple Choice

A good listener pays attention by:

• A)engaging himself/herself by asking questions while the speaker is talking.
• B)writing down the key points that affect deadlines during the conversation.
• C)trying to make assumptions about what the speaker might be thinking.
• D)assuming the speaker is asking for advice when he/she is talking about a problem.

Assess the effect of personal and corporate tax rates on the value added by leverage.

Recognize the different types of leverage and their implications for a firm's financial risk.

Understand the impact of capital structure changes on a firm's cost of equity.

Analyze the relationship between a firm's capital structure and its operational efficiency, as reflected by free cash flows and leveraged versus unleveraged beta.