Q#2 (chapter 9). a diversified company has decided to use its overall firm wacc as a performance benchmark for rating its divisional managers and to decide whether new projects from its three divisions should be funded for investment capital. the firm wacc is 12%. the divisional waccs for its high risk, average risk, and low risk divisions are 16%, 11.9%, and 8%, respectively. explain the pros and cons of using the firm wacc in evaluating its divisional managers and projects. remember that wacc can be interpreted as a hurdle rate or the minimum acceptable return. limit your answers to 10 sentences.

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Reliability and validity reliability and validity are two important considerations that must be made with any type of data collection. reliability refers to the ability to consistently produce a given result. in the context of psychological research, this would mean that any instruments or tools used to collect data do so in consistent, reproducible ways. unfortunately, being consistent in measurement does not necessarily mean that you have measured something correctly. to illustrate this concept, consider a kitchen scale that would be used to measure the weight of cereal that you eat in the morning. if the scale is not properly calibrated, it may consistently under- or overestimate the amount of cereal that’s being measured. while the scale is highly reliable in producing consistent results (e.g., the same amount of cereal poured onto the scale produces the same reading each time), those results are incorrect. this is where validity comes into play. validity refers to the extent to which a given instrument or tool accurately measures what it’s supposed to measure. while any valid measure is by necessity reliable, the reverse is not necessarily true. researchers strive to use instruments that are both highly reliable and valid.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided