Why do you think ethics are important in accounting

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Reference no: EM131883998

1. Why do you think ethics are important in accounting?

2. Filter Corp. maintains a debt-equity ratio of .45. The cost of equity is 14.7 percent, the pretax cost of debt is 8.1 percent, and the marginal tax rate is 34 percent. What is the weighted average cost of capital.

3. What are the credit rating agencies and what do they do? Are they for profit? What is the conflict of interest they have?

Reference no: EM131883998

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