?A distribution of profits to shareholders is called a bonus.
Answer the following statement true (T) or false (F)
False
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Explain what DESC script stands for—and its purpose.
What will be an ideal response?
A company purchases merchandise with a catalog price of $28,500. The company receives a 40% trade discount from the seller. The seller also offers credit terms of 1/10, n/30. Assuming no returns were made and that payment was made within the discount period, what is the net cost of the merchandise?
A. $16,571. B. $17,100. C. $11,571. D. $16,929. E. $11,400.
Financial leverage
a. increases the return to the common shareholders during good earnings years. b. uses lower cost borrowed funds to earn a higher rate of return on those funds than their cost. c. decreases the return to the common shareholders during bad earnings years. d. all of the above e. none of the above
Which of the following is not true about knowledge in the business environment?
A) It is the same as data or information. B) It is the value added from shared information. C) It includes both quantitative and qualitative information. D) It must be managed in order for a company to remain competitive.