user: Please answer this: Company X stopped taking on more debt, and decided to file for bankruptcy, while company Y, kept benefiting from the tax benefits of debt, having a lower debt level.  Which company discharged less debt, company X or company Y?  Hint: The trade-off theory of capital structure is the idea that a company chooses how much debt finance and how much equity finance to use by balancing the costs and benefits. The classical version of the hypothesis goes back to Kraus and Litzenberger[1] who considered a balance between the dead-weight costs of bankruptcy and the tax saving benefits of debt. Often agency costs are also included in the balance. This theory is often set up as a competitor theory to the pecking order theory of capital structure. A review of the literature is provided by Frank and Goyal.[2]  An important purpose of the theory is to explain the fact that corporations usually are financed partly with debt and partly with equity. It states that there is an advantage to financing with debt, the tax benefits of debt and there is a cost of financing with debt, the costs of financial distress including bankruptcy costs of debt and non-bankruptcy costs (e.g. staff leaving, suppliers demanding disadvantageous payment terms, bondholder/stockholder infighting, etc.). The marginal benefit of further increases in debt declines as debt increases, while the marginal cost increases, so that a firm that is optimizing its overall value will focus on this trade-off when choosing how much debt and equity to use for financing.
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Answer: company Y
Problem: John is a scientist. Yesterday, he conducted several tests, test A, test B, test C, test D, test E, and test F. In test A he kept a substance in solid state. Then in test B he changed the same substance to liquid state. In test C he conducted a chemical reaction in room temperature. Then in test D he conducted the same chemical reaction in higher temperature. In test E he kept some enzymes in high temperature. Finally, in test F he kept the same enzymes in lower temperature.  In which case the enzymes would last longer, case E or case F?  Hint: Temperature is a measure of the average kinetic energy of the particles in matter. In everyday usage, temperature indicates a measure of how hot or cold an object is. Temperature is an important parameter in chemistry. When a substance changes from solid to liquid, it is because there was an increase in the temperature of the material. Chemical reactions usually proceed faster if the temperature is increased. Many unstable materials (such as enzymes) will be viable longer at lower temperatures.

A: case F
Problem: Given the question: Joy had a field full of flowering plants , that he used for medicinal and honey making purposes. Her friend Jill also had a piece of land where she cultivated plants that fertilize over wind spread pollen.  Which friend had a field with nectar producing flowers?  Hint: Scientists think that the earliest flowers attracted insects and other animals, which spread pollen from flower to flower. This greatly increased the efficiency of fertilization over wind-spread pollen, which might or might not actually land on another flower. To take better advantage of this “animal labor,” plants evolved traits such as brightly colored petals to attract pollinators. In exchange for pollination, flowers gave the pollinators nectar.
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The answer is:
Joy
input question: Bob is an astrophysicist. He was pondering about the beginning of our universe. He pinpointed the time when the universe just began to exist. He labeled it as point A. To compare it with present situation of the universe he labeled the present time as point B.  In point A were the galaxies closer or farther from each other than in point B?  Hint: The first direct observational hint that the universe has a finite age came from the observations of 'recession velocities', mostly by Vesto Slipher, combined with distances to the 'nebulae' (galaxies) by Edwin Hubble in a  work published in 1929. Earlier in the 20th century, Hubble and others resolved individual stars within certain nebulae, thus determining that they were galaxies, similar to, but external to, our Milky Way Galaxy. In addition, these galaxies were very large and very far away. Spectra taken of these distant galaxies showed a red shift in their spectral lines presumably caused by the Doppler effect, thus indicating that these galaxies were moving away from the Earth. In addition, the farther away these galaxies seemed to be (the dimmer they appeared to us) the greater was their redshift, and thus the faster they seemed to be moving away. This was the first direct evidence that the universe is not static but expanding. The first estimate of the age of the universe came from the calculation of when all of the objects must have started speeding out from the same point. Hubble's initial value for the universe's age was very low, as the galaxies were assumed to be much closer than later observations found them to be.???
output answer: closer
Martin is moving and he needs to make a ramp so he can load heavy furniture into his truck. He has a bad back, so he wants to use the least effort possible. Before he cuts the wood, he is trying to decide how long the ramp should be so he can move the heavy furniture easily.  If Martin builds a ramp with a very gentle slope will he need to exert more or less effort?  Hint: For an inclined plane, the input distance is the length of the sloping surface, and the output distance is the maximum height of the inclined plane. This was illustrated in Figure above . Because the sloping surface is always greater than the height of the inclined plane, the ideal mechanical advantage of an inclined plane is always greater than 1. An inclined plane with a longer sloping surface relative to its height has a gentler slope. An inclined plane with a gentler slope has a greater mechanical advantage and requires less input force to move an object to a higher elevation.
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Answer: less
Q: Tammy and Moe were two school mates. Moe learned about mammalian reproduction in school. Tammy learned about fish reproduction.  Which student learned less about fish reproducing sexually?  Hint: Fish reproduce sexually. They lay eggs that can be fertilized either inside or outside of the body. In most fish, the eggs develop outside of the mother's body. In the majority of these species, fertilization also takes place outside the mother's body. The male and female fish release their gametes into the surrounding water, where fertilization occurs. Female fish release very high numbers of eggs to increase the chances of fertilization.
A:

assistant: Moe