Financial leverage is the:
A. presence of fixed operating costs.
B. portion of earnings that is paid out as dividends to the common stockholders.
C. risk associated with a firm's operations.
D. combination of the debt and the equity a firm uses to finance its assets.
E. extent to which fixed-income securities are used in a firm's capital structure.
Answer: E
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Finalized budget figures are sent to the GL/BR process by:
a. the financial reporting officer b. the budgeting department c. the treasurer d. the managerial reporting officer
For complex purchases, the buying center will typically decide what type of sourcing to use in the ________ stage of the business buying decision process
A) problem recognition B) information search C) alternative evaluation D) product and supplier selection E) postpurchase evaluation
Average costs are used for internal decision-making, but actual costs are required for calculating cost of goods sold.
Answer the following statement true (T) or false (F)
Horizontal analysis is the comparison of a company's financial condition and performance across time.
Answer the following statement true (T) or false (F)