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9780997117103 In a bankruptcy, who is at the back of the line when it comes to proceeds from any sale a. bondholders. b. suppliers. c.

9780997117103
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In a bankruptcy, who is at the back of the line when it comes to proceeds from any sale a. bondholders. b. suppliers. c. shareholders d. the government. 5. 6. What is the formal name for describing the corporate finance decision concerning how the firm should invest in major, long-term projects? a. The capital structure decision b. The capital budgeting decisiorn c. The dividend decision d. The retained earnings decision 7. Garfield Industries is expanding its operations throughout the Southeast United States Garfield anticipates that the expansion will increase sales by $1,000,000, and increase the costs of goods sold by $700,000. Depreciation expenses will rise b interest expense will increase by $150,000. The company's tax rate will remain at 4 percent. If the company's forecast is correct, how much will net income increase or decrease, as a result of the expansion? y $50,000 and a. No change. b. $40,000 increase. $60,000 increase. $100,000 increase. $180,000 increase

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