The lower risk nature of long-term debt in a firm's capital structure is due to the fact that ________
A) the debt holders are the true owners of the firm
B) equity capital has a fixed return
C) creditors have a higher position in the priority of claims
D) dividend payments are tax-deductible
C
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The ________ model is a popular model of decision making that requires information about how useful or important each attribute is to the customer making a brand choice and how customers perceive the brands in the evoked set in terms of their
attributes. A) attribution B) compensatory C) cluster D) multiattribute
During August, Boxer Company sells $356,000 in merchandise that has a one year warranty. Experience shows that warranty expenses average about 5% of the selling price. The warranty liability account has a credit balance of $12,800 before adjustment. Customers returned merchandise for warranty repairs during the month that used $9,400 in parts for repairs. The entry to record the estimated warranty expense for the month is:
A. Debit Estimated Warranty Liability $17,800; credit Warranty Expense $17,800. B. Debit Estimated Warranty Liability $9,400; credit Warranty Expense $9,400. C. Debit Warranty Expense $14,400; credit Estimated Warranty Liability $14,400. D. Debit Warranty Expense $17,800; credit Estimated Warranty Liability $17,800. E. Debit Warranty Expense $5,000; credit Estimated Warranty Liability $5,000.
Which element below is one of the types of innovation in organizations explained in the textbook?
a. Operational b. Exploratory c. Preliminary d. Individual
In the EOQ model, the optimal order quantity is the amount at which ordering costs and ______.
A. holding costs are inversely related B. holding costs are directly related C. stock-out costs are directly related D. stock-out costs are inversely related