A positive financial leverage indicates that:
a. the return on borrowed funds exceeds the cost of borrowing those funds.
b. the company sold more inventory while maintaining less inventory on hand.
c. the days to collect receivable is less than the days to pay creditors.
d. the cost of borrowing funds exceeds the return on those borrowed funds.
a
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Which of the following is true of an economy at full employment?
A. There is no job turnover in the economy. B. The unemployment rate in the economy is equal to the natural rate of unemployment. C. The economy's labor and capital are not fully utilized. D. An increase in price level increases the full-employment level of output.
Computerized short-term scheduling is often referred to as ______.
A. finite capacity scheduling (FCS) B. infinite capacity scheduling (ICS) C. regular capacity scheduling (RCS) D. variable capacity scheduling (VCS)
A code of ethics refers to
A. the written document stating the beliefs and values of each employee in a firm. B. an informal guide of ethical principles and moral conduct. C. a formal statement of moral and ethical business attitudes. D. a firm's itemized list of business activities that are and are not consistent with the company's mission statement. E. a formal statement of ethical principles and rules of conduct.
EEOC offices file suits against employers after a complaint of discrimination covered by Title VII has been sworn out by a protected person
a. True b. False Indicate whether the statement is true or false