"Never require data that are already online or that can be computed," relates to captioning guidelines for structuring data entry fields
Indicate whether the statement is true or false
FALSE
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A company has an EBIT of $4 million, and its degree of total leverage is 2.4. The firm's debt consists of $20 million in bonds with a YTM of 11.60%. The company is considering a new production process that will require an increase in fixed costs but a decrease in variable costs. If adopted, the new process will result in a degree of operating leverage of 1.4. The president wants to keep the degree of total leverage at 2.4. If EBIT remains at $4 million, what dollar amount of bonds must be outstanding to accomplish this (assuming the yield to maturity remains at 11.60% and is equal to the coupon rate)? Donotroundintermediatecalculations.
A. $14,367,816 B. $16,091,954 C. $16,810,345 D. $16,666,667 E. $15,229,885
In a ________ inventory system, an order is placed for a variable amount after a fixed passage of time
Fill in the blank with correct word.
Love and affection are generally considered to be valid consideration
Indicate whether the statement is true or false
A firm's working capital may come from either internal sources-such as sales revenue and profits-or external sources-such as money from sales of stocks or bonds.
Answer the following statement true (T) or false (F)