Author Question: For Proposal 3, the incremental depreciation expense for year 3 is ________. (See Table 11.2) A) ... (Read 61 times)

mcmcdaniel · **on:** Jul 11, 2018

For Proposal 3, the incremental depreciation expense for year 3 is ________. (See Table 11.2)

A) 21,000
B) 42,000
C) 47,850
D) 50,850

Question 2

Since retained earnings is a more expensive source of financing than debt and preferred stock, the weighted average cost of capital will fall once retained earnings have been exhausted.

Indicate whether the statement is true or false