For the Production Segments of Firms Using __________ Technology Such

question 96

Multiple Choice

For the production segments of firms using __________ technology such as auto assembly plants and canneries,IT can be linked to total quality management programs and be embedded in the machinery.

• A)mediating
• B)intensive
• C)long-linked
• D)small-batch
• E)continuous-process

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Definitions:

M&M II

The second proposition by Modigliani and Miller which states that in the absence of taxes, bankruptcy costs, and asymmetric information, and in an efficient market, the value of a levered firm is equal to the value of an unlevered firm plus the present value of the tax shields due to debt.

Pre-Tax Cost

Pre-Tax Cost refers to the expense or cost a company incurs before any taxes are deducted.

Debt-Equity Ratio

A financial ratio indicating the relative proportion of shareholder's equity and debt used to finance a company's assets.

Weighted Average

A mathematical calculation that takes into account the varying degrees of importance of the numbers in a data set, providing a measure that reflects the relative importance of each value.