By adding leverage, the returns on a firm are split between debt holders and equity holders, but equity holder risk increases because ________
A) interest payments can be rolled over
B) dividends are paid first
C) debt and equity have equal priority
D) interest payments have first priority
Answer: D
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A retailer who utilizes a(n) ________ policy charges a constant low price with little or no price promotions and special sales
A) everyday low pricing B) high-low pricing C) low cost D) going-rate pricing E) auction-type pricing
Clearwater Hampers is a small British company that sells luxury food and drink in various combinations in picnic hampers. Food and wine are seen as classic, fail-safe gifts in a market where present-buying is increasingly tricky. Corporate customers, both in the United Kingdom and abroad, are important to the business. Clearwater has had several orders for more than a quarter of a million dollars. According to the company's leading salesperson, Peter Austin, "We have lots of repeat corporate customers as a result of the importance we place on getting the hampers out on time and filled with the right products."Austin should use visual aids, dramatics, and demonstrations in his sales presentation to prospective customers to do all of the following EXCEPT to:
A. increase his persuasive powers. B. capture the prospect's attention. C. create two-way communication. D. clarify the services his firm provides. E. create cognitive dissonance.
"Figure 1 shows XYZ profits for each month of 2012" demonstrates the recommended way to introduce a visual
Indicate whether the statement is true or false
Allen owns 500 of the 5,000 shares outstanding of General Myopics. GM plans to issue 600 new shares. If Allen has preemptive rights, he may buy:
A) all 600 shares before anyone else. B) 600 shares at the same price he paid for the other stock. C) 6 shares at a discount of 10%. D) None of these.