Why Have Benchmarks Been Criticized

question 69

Essay

Why have benchmarks been criticized?

Comprehend the serious consequences of alcohol abuse in college, including sexual assault and brain damage.

Grasp the widespread acceptance of drinking as a central aspect of college social life.

Relate the use of performance-enhancing substances to broader patterns of substance abuse.

Evaluate the reasons behind higher rates of binge drinking in sororities and fraternities.

---

Definitions:

Capital Accounts

Financial records showing the ownership interests and funds contributed or withdrawn by owners or investors in a company.

Target Capital Structure

The ideal mix of debt, preferred stock, and common equity that a company aims to hold in order to minimize its cost of capital and maximize its value.

Floatation Costs

Expenses incurred by a company in issuing new securities, including underwriting fees and registration fees.

WACC

Weighted Average Cost of Capital - a measure of a firm's cost of capital in which each category of capital is proportionately weighted.