input: Please answer the following: Bob is a financial analyst. He used to work for company A. Bob noticed that company A is mostly financed by debt. Recently, he changed job and now working as a financial analyst for another company, company B. Company B has completely different culture than company A. Company B is mostly financed by equity. Which company would most likely not have tax benefits of debt, company A or company B? 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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output: company B

input: Please answer the following: Two friends had unprotected sex with their respective dates on the same night. Everything went fine for both of them. They later found out the bad news. Mike had been infected with HIV. Luckily enough Pete was healthy, he didn't get any diseases. Which friend had a virus that is transmitted by contact with infected breast milk? Hint: The Human Immunodeficiency Virus ( HIV ) is the virus that causes Acquired Immunodeficiency Syndrome ( AIDS ). Most researchers believe that the HIV originated in sub-Saharan Africa during the 20th century. HIV is transmitted by sexual contact and by contact with infected bodily fluids, such as blood, semen, breast milk, and vaginal secretions. It is also passed from mother to fetus. HIV is now a pandemic , with an estimated (as of 2008) 38.6 million people now living with the disease worldwide. It is estimated that AIDS has killed more than 25 million people since it was first recognized in 1981. For further information about HIV/AIDS, see the CDC (Centers for Disease Control and Prevention) web site at http://www.cdc.gov/hiv/resources/factsheets/ .
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output: Mike

input: Please answer the following: Local hospital has launched a program to check if a patient has Retinitis. Resident ophthalmologist David is in charge of this program. In the first day of the program he checked two patients, patient A and patient B. The test result showed that patient A had Retinitis, but patient B did not have Retinitis. Then next day David checked two other patients, patient C and patient D. Patient C was 40 years old, but patient D was 80 years old. He found both patient C and D had Retinitis. Which patient would have inflammation of retina, patient A or patient B? Hint: Retinitis is inflammation of the retina in the eye, which can permanently damage the retina and lead to blindness. The retina is the part of your eye that is also known as the "sensing tissue." Retinitis may be caused by a number of different infectious agents. Retinitis, also called Retinitis pigmentosa, has a prevalence of one in every 2,500-7,000 people. This condition is one of the leading causes that leads to blindness in patients in the age range of 2060 years old.
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output: patient A

input: Please answer the following: Tommy sets two pots of water on the stove and sets each burner to a different temperature. Pot F is set on a burner with a temperature below the boiling point and Pot G is on a burner set to above the boiling point. Tommy walks away to check his email and comes back fifteen minutes later to check on his water. Which pot has more kinetic energy? Hint: Continued heating of the water after the ice has completely melted will now increase the kinetic energy of the liquid molecules and the temperature will rise. Assuming that the atmospheric pressure is standard, the temperature will rise steadily until it reaches 100C. At this point, the added energy from the heat will cause the liquid to begin to vaporize. As with the previous state change, the temperature will remain at 100C while the water molecules are going from the liquid to the gas or vapor state. Once all the liquid has completely boiled away, continued heating of the steam (remember the container is closed) will increase its temperature above 100C.
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output:
Pot G