If a firm's earnings should drop below the interest cost of borrowed money, the return on owners' equity will increase.
Answer the following statement true (T) or false (F)
False
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What is the first step in developing a customer benefit plan?
A. Choosing the features, advantages, and benefits to present to a prospect. B. Selecting a suggested purchase order for a prospect. C. Creating a detailed customer profile. D. Establish a marketing plan. E. Developing a business proposition that includes a value analysis.
Clara holds common stock in a telecommunications company. The board of directors of the company declares that each stockholder will receive 2 percent of the company's profits relative to the proportion of shares he or she holds. Thus, as a stockholder, Clara receives a sum of $4,800 out of the company's profits. In this scenario, the money that Clara has received is called _____.
A. a dividend B. interest income C. the principal D. a capital gain
Computer technology is protected by the law of
a. eminent domain. b. copyright law. c. trade secrets d. both b and c.
Acheck that is presented for payment more than six months from its date is a stale check
Indicate whether the statement is true or false