Which of the Following Is Required by Federal Law Regarding

question 23

Multiple Choice

Which of the following is required by federal law regarding vacation after an employee has worked for an employer for at least one year?

• A) That an employee be given three days of vacation.
• B) That an employee be given seven days of vacation.
• C) That an employee be given five days of vacation.
• D) That an employee be given ten days of vacation.
• E) Nothing.

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Definitions:

Optimal Structure

The ideal mix of debt, equity, and internal funds that minimizes the cost of capital while maximizing shareholder value.

IRR

Internal Rate of Return, a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Cost Of Capital

The minimum return that a company must earn on existing asset base to satisfy its creditors, owners, and other providers of capital.

Capital Structure

The mix of different forms of capital used by a firm to finance its overall operations and growth, including debt, equity, and any hybrid securities.