Author Question: Without adjustment, inflation may tend to cause ________ firms to appear more efficient and ... (Read 30 times)

james9437 · **on:** Jul 11, 2018

Without adjustment, inflation may tend to cause ________ firms to appear more efficient and profitable than ________ firms.

A) larger; smaller
B) older; newer
C) smaller; larger
D) newer; older

Question 2

The cost of capital reflects the cost of funds ________.

A) that makes the net present value of a project equal zero
B) at a given point in time
C) over a long-run time period
D) at current book values