Which of the Following Statements Is CORRECT

question 57

Multiple Choice

Which of the following statements is CORRECT?

• A) In general,a firm with low operating leverage also has a small proportion of its total costs in the form of fixed costs.
• B) There is no reason to think that changes in the personal tax rate would affect firms' capital structure decisions.
• C) A firm with a relatively high business risk is more likely to increase its use of financial leverage than a firm with low business risk,assuming all else equal.
• D) If a firm's after-tax cost of equity exceeds its after-tax cost of debt,it can always reduce its WACC by increasing its use of debt.
• E) Suppose a firm has less than its optimal amount of debt.Increasing its use of debt to the point where it is at its optimal capital structure will decrease the costs of both debt and equity.

Critically evaluate Erikson's contribution to personality theory and acknowledge criticisms.

Recognize the lifelong process of personality development proposed by Erikson, including the importance of activity and participation in late adulthood.

Compare and contrast Erikson's theory with Freud's theory on early stage development.

Analyze the differences between the stages of psychosocial development regarding childhood and adulthood.

---

Definitions:

Enthusiastic

Showing intense and eager enjoyment, interest, or approval.

Paid Annual Vacation

An employment benefit that offers employees a certain period of paid leave from work each year for rest, recreation, or personal purposes.

Leisure Activities

Recreational actions or pursuits undertaken by individuals in their free time for enjoyment.

European Union

A political and economic union of 27 member states that are located primarily in Europe, which operates through a system of supranational institutions and intergovernmental negotiated decisions.