If a firm utilizes debt financing, an X% decline in earnings before interest and taxes (EBIT) will result in a decline in earnings per share that is larger than X.
Answer the following statement true (T) or false (F)
True
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Which of the following statements does NOT apply to the North American Industry Classification System (NAICS)?
A) NAICS is a numerical coding of industries developed by NAFTA countries. B) NAICS can be used by firms to assess potential markets. C) NAICS replaced the Standard Industrial Classification (SIC) system. D) NAICS can be used to find new customers. E) NAICS is a consumer buying directory for North America.
Which of the following is true regarding the flow of data from the Adjusted Trial Balance columns of the end-of-period spreadsheet to the financial statements?
a. The balance of the revenue account will flow into the retained earnings statement. b. The balance of the accumulated depreciation account will flow into the income statement. c. The balance of the capital stock account will flow into the income statement. d. The balance of the dividends account will flow into the retained earnings statement.
Why do new programs and services offered by nonprofits fail?
What will be an ideal response?
Conflict can be prevented by
a. building constructive relationships. b. discussing problems before they escalate to a conflict. c. stopping and thinking before you react. d. all of these choices.