The risk caused by variations in interest expense unrelated to sales or operating income arising from changes in the level of interest rates in the economy is called:
a. interest rate risk
b. business risk
c. tax risk
d. financial risk
e. none of the above
a. interest rate risk
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Here are several ratios calculated from Midas Company's financial statements: Days in Receivables = 45 Days in Payables = 36 Days in Inventory = 30 How many days of working capital financing does Midas need to obtain from other sources?
a. 39 days b. 36 days c. 56 days d. 26 days
There are four types of illegal activity under the Civil Rights Act of 1964 . Which choice lists these four?
a. disparate treatment, disparate impact, hostile environment, and retaliation b. disparate employment, unfair promotions, hostile environment, and unfair firing c. false reports, retaliation, prima facie discrimination, sexual harrassment d. religious disparaging, racial profiling, sexual harrassment, unfair promotions
In capital budgeting, the ________ is the appropriate discount rate to use when calculating the NPV of an average risk project
A) WACC B) IRR C) cost of debt D) cost of Equity
Which of the following is a primary difference between publicity and advertising?
A. Unlike advertising, publicity is institutional in character. B. Unlike advertising, publicity is not paid for by the sponsoring organization. C. Unlike publicity, advertising leads to less skepticism among consumers. D. Unlike advertising, publicity is done only by retailers. E. Unlike publicity, advertising does not utilize mass media.