Keeping everything else constant, an increase in a firm's corporate tax rate will cause in its WACC. Select one: O a. a reduction O b. nothing O c. an increase O d. an undetermined change Choose the right answer concerning long-term financing: Select one: O a. Long-term financing could be done via issuing a 5-year corporate bond O b. Long-term financing could be done via short-term bank loans O c. Long-term financing could be done via issuing a 3-month bond d. Some companies use account receivables and account payables as major financing methods to raise funds to finance long-term capital When calculating the operating cash flow, depreciation is subtracted at the initial cost and added back to net profit after tax because Select one: a. it is money given by the government O b. companies should avoid double counting O c. depreciation is considered as a use of fund O d. depreciation is an expense that is not actually paid, i.e., a non-cash expense