When comparing levered versus unlevered capital structures, leverage works to increase EPS for high levels of EBIT because interest payments on the debt:
A) vary with EBIT levels.
B) stay fixed, leaving less income to be distributed over fewer shares.
C) stay fixed, leaving more income to be distributed over fewer shares.
D) stay fixed, leaving less income to be distributed over more shares.
E) stay fixed, leaving more income to be distributed over more shares.
C) stay fixed, leaving more income to be distributed over fewer shares.
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What helps us to express grief, happiness, and other feelings in culturally acceptable ways?
A. feelings B. relationships C. talking D. inclusion
For the year ended December 31, a company has revenues of $317,000 and expenses of $196,000. The company paid $50,000 in dividends during the year. The balance in the Retained earnings account before closing is $81,000. Which of the following entries would be used to close the dividends account?
A. Debit Dividends $50,000; credit Retained earnings $50,000. B. Debit Income Summary $81,000, credit Dividends $81,000. C. Debit Retained earnings $50,000; credit Dividends $50,000. D. Debit Income Summary $50,000; credit Retained earnings $50,000. E. Debit Retained earnings $81,000; credit Income Summary $81,000.
Consumer products refer to ________
A) products purchased by consumers for further processing or for use in conducting a business B) products and services bought by final consumers for personal consumption C) primarily intangible offerings from marketers D) raw materials as well as manufactured materials and parts E) products that aid in the consumer's production or operations, including installations and accessory equipment
Most of the market is in the hands of the ________, the firm with the largest market share
A) market challenger B) market follower C) market leader D) market nicher E) market maven