The presence of fixed operating costs is known as _____.
A. financial leverage
B. operating leverage
C. beta risk
D. market risk
E. firm-specific risk
Answer: B
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In the Purchasing Process - Level 0 Diagram, a data flow called "inventory's purchase requisition" most likely would be sent by the inventory management process to which of the following processes?
a. order goods and services b. receive goods and services c. determine requirements d. none of the above
The Red Blast Company uses the visual inspection method for completing the statement of cash flows. The following information relates to the Red Blast Company: Increase in accounts receivable $ 80 Increase in bonds payable 1,000 Decrease in inventory 75 Net income 10,000 Amortization of premium on bonds payable 260 Increase in income taxes payable 60 Depreciation expense 2,000 Decrease in
accounts payable 380 ? What is the net cash provided by operating activities? A) $ 9,065 B) $11,415 C) $11,935 D) $12,415
Hermine Company wrote off an $700 uncollectible account receivable against the allowance for doubtful accounts with a balance of $2,000 . The current ratio after the write-off of the uncollectible account
a. would be less than before the write-off of the account. b. would be greater than before the write-off of the account. c. would be the same as before the write-off of the account. d. cannot be determined with the information given.
The following is a measure of a manager's performance working in a profit center
A) balance sheet B) rate of return and residual income measures C) budget performance report D) divisional income statements