Which of the Following Best Characterizes an Angular Unconformity

question 38

Multiple Choice

Which of the following best characterizes an angular unconformity?

• A) The discordant boundary between older strata and an intrusive body of granite.
• B) Horizontal lava flows lie below the unconformity and horizontal, sedimentary strata lie above.
• C) Tilted strata lie below the unconformity; bedding in younger strata above is parallel to the unconformity.
• D) Igneous dykes cutting through sills at an angle.

Grasp the concept of free cash flow and its calculation.

Recognize the effects of corporate income taxes on different types of businesses.

Analyze common equity changes through balance sheets.

Understand the effects of depreciation and asset changes on tax payments and net cash flow.

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Definitions:

MM

The Modigliani-Miller theorem, a foundational concept in corporate finance proposing that under certain conditions, the value of a firm is unaffected by how it is financed.

Firm's Stock

The capital raised by a corporation through the issuance and subscription of shares representing ownership interest in the company.

Dividend Cuts

A reduction in the dividend payments announced by a company, often due to financial difficulties or a need to retain more earnings for investments.

Target D/E Ratio

The desired debt-to-equity ratio that a company aims to achieve to optimize its capital structure.