The president of​ Toyota's Georgetown plant was quoted as​ saying, 'Demand for high volumes saps your energy. Over a period of​ time, it eroded our focus​ [and] thinned out the expertise and knowledge we painstakingly built up over the​ years.' This quote suggests that A. high demand for​ Toyota's cars prevented the company from focusing on its​ strength: auto design. B. Toyota was experiencing an excess demand for its automobiles which it had difficulty keeping up with. C. Toyota was focused on​ "churning" out cars that it did not invest sufficiently in training its workers. D. as Toyota expanded its​ capacity, it experienced diseconomies of scale.

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Resources and capabilities, such as interpersonal relations among managers and a firm's culture, that may be costly to imitate because they are beyond the ability of firms to systematically manage and influence are referred to asanswers: socially complex. causally ambiguous. path dependent. the result of unique historical conditions.

Granby foods' (gf) balance sheet shows a total of $25 million long-term debt with a coupon rate of 8.50%. the yield to maturity on this debt is 8.00%, and the debt has a total current market value of $27 million. the company has 10 million shares of stock, and the stock has a book value per share of $5.00. the current stock price is $20.00 per share, and stockholders' required rate of return, r s, is 12.25%. the company recently decided that its target capital structure should have 35% debt, with the balance being common equity. the tax rate is 40%. calculate waccs based on book, market, and target capital structures. what is the sum of these three waccs?