Which of the Following Statements About Union Labor Practices Is

question 2

Multiple Choice

Which of the following statements about union labor practices is untrue?

• A)Union representatives must be able to bargain with the employer.
• B)The union may take a strike action without notifying the employer.
• C)The union cannot boycott a hospital's vendors.
• D)The union cannot cause the employer to pay for services not performed.

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Definitions:

WACC

Weighted Average Cost of Capital, a calculation of a firm’s cost of capital in which each category of capital is proportionately weighted.

Debt-Equity Ratio

A measure of a company's financial leverage, calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of debt used in financing its assets.

After-Tax Cost of Debt

The net cost to a company for borrowing funds, calculated by subtracting the tax benefits of interest expenses from the total interest paid.

Cost of Equity

The Cost of Equity is the return a company requires to decide if an investment meets capital return requirements and is often used in financial analysis and valuing companies.