The higher a firm's long-term-debt-to-capital ratio is, the LESS financial risk the firm is taking on
Indicate whether the statement is true or false
FALSE
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Showing someone enjoying an exotic experience would be which type of executional framework?
A) testimonial B) dramatization C) slice-of-life D) fantasy
Smith Company had retained earnings of $60,000 at the end of the current year. For the current year, income was $30,000 and dividends $10,000 . What was the balance in retained earnings at the end of the prior year?
a. $30,000 b. $40,000 c. $60,000 d. $30,000 e. $70,000
In preparing the statement of cash flows by the indirect method, a decrease in a current liability is deducted from net income.
Answer the following statement true (T) or false (F)
The Nordstrom sales associate replacing shirts at no cost to the client is an example of ____________
a. centralized decision-making b. service theft c. employee empowerment d. service sabotage e. rule setting