Answer the following statements true (T) or false (F)
1. Return on equity increases when the expected rate of return from the acquired assets is
higher than the interest rate on the debt issued to finance the acquired assets.
2. The use of debt financing ensures an increase in return on equity.
3. Bond interest paid by a corporation is an expense, whereas dividends paid are not an expense of the corporation.
4. Collateral from unsecured loans may be sold to offset the loan obligation if the loan is in default.
5. A company's ability to issue unsecured debt depends on its credit standing.
1. TRUE
2. FALSE
3. TRUE
4. FALSE
5. TRUE
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Allegheny Community College operates four departments. The square footage used by each department is shown below.DepartmentSquare FootageAccounting 3,000 Marketing 4,000 Technology 6,000 Sciences 3,000 Total 16,000 Allegheny's annual building rental cost is $320,000What amount of rent expense that should be allocated to the Sciences Department?
A. $106,667 B. $120,000 C. $60,000 D. $80,000
It's generally held that extrinsic rewards reinforce intrinsic rewards in a positive direction when the individual can attribute the source of the extrinsic reward to her own efforts.
Answer the following statement true (T) or false (F)
Commonground Collections has been hired to collect past-due medical bills for Lakeview Physicians. List some activities that Commonground may not do pursuant to the FDCPA
The span of control is also called the _____.
A. span of association B. span of management C. span of leadership D. span of organization