A point to keep in mind is that financial managers should consider taking less financial risk when operating risk is high, but may consider taking more financial risk when operating risk is low
Indicate whether the statement is true or false
TRUE
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Which of the following ratios does NOT measure liquidity?
a. Current ratio b. Quick ratio c. Working capital to total assets d. Debt to equity
The difference between the planned and the actual budget best defines
A) trend. B) variance. C) average. D) mode.
A local college bookstore paid a net price of $12,500 for textbooks for the coming semester. The publisher offered a trade discount of 20%. The publisher's original list price was:
A. $15,625 B. $2,500 C. $15,500 D. $15,000 E. None of these
What is a supply chain planning system?
A. ensures supply chain cohesion by automating the different activities of the supply chain B. the ability to view all areas up and down the supply chain in real time C. uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory D. occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain