If a firm's production process requires high operating leverage (use of fixed costs), then the firm

should finance its assets with debt, so that the cost of capital will be reduced and financing costs
will remain fixed.

Indicate whether the statement is true or false


FALSE

Business

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How does smell impact customers' mood and emotions?

What will be an ideal response?

Business

Which of the following statements regarding Accounts Payable is incorrect?

A) The Accounts Payable account is decreased with a credit. B) Accounts payable occur because the business receives the goods or services before payment has been made. C) Because accounts payable are typically due in 30 days, they are current liabilities. D) Accounts payable represent debts owed to creditors.

Business

Conflict, red tape, and highly political environments are all examples of what type of stressor?

A. task B. hindrance C. challenge D. obstruct

Business

You are more approachable if you offer a smile and pleasant look

Indicate whether the statement is true or false

Business