Ruth Was Just Released from Prison

question 80

Multiple Choice

Ruth was just released from prison. She was released because the only time remaining on her sentence was equal to the good time that she earned. She was in prison for over 10 years and is reluctant to return to her community. She has does not have a job, has no permanent place to live, and is nervous that she will go back to her old habits of hanging with the "wrong crowd" and getting into trouble. Because of prison overcrowding she must be released. NARREND:
-Ruth is having a hard time complying with the conditions of her parole. She thinks that her parole officer has too much control over her life and has violated her rights. Ruth's parole officer can search which of the following places without fulfilling the requirements imposed by the Fourth Amendment?

• A)Ruth's person
• B)Ruth's home
• C)Ruth's job
• D)all of these

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Definitions:

Weighted Average Cost of Capital

Weighted Average Cost of Capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.

Levered Cost of Capital

The cost of capital for a company that has debt in its capital structure, reflecting the additional risk introduced by the use of debt.

Debt-equity Ratio

A gauge for the relative amounts of shareholders' equity and debt in a company's asset financing approach.

Interest Tax Shield

The reduction in income taxes that results from taking the allowable interest expense deductions from taxable income.