If a company is highly leveraged, this means that it has relatively high risk of not being able to repay its debt.

Answer the following statement true (T) or false (F)


True

Business

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Equity theory says we perceive the fairness of rewards as a ratio of ______.

A. input to perceived inequity B. input to outcome C. perceived inequity to outcome D. outcome to input

Business

The regression equation for a categorical variable with four categories would be modeled as ________

A) ? i = a + b1 D1 + b2 D2 + b3D3 B) ? i = a + b1 D1 + b2 D2 + b3D3 + b4D4 C) ? = b1 D1 + b2 D2 + b3D3 D) ? = b1 D1 + b2 D2 + b3D3 + b4D4

Business

Steve defaults on a car loan secured by his car and guaranteed by both Sam and Dave. Subrogation would allow Sam, who paid Steve's full obligation to:

a. repossess the car. b. collect from Dave. c. collect from Steve. d. All of these.

Business

Peterson Company's petty cash fund was established on January 1 with $500. On January 31, a count of the fund revealed: $105 in cash remaining and vouchers for miscellaneous expenses totaling $400. If the entries to record the disbursements and to replenish the fund are combined, what effect will the resulting entry have on the elements of the' financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt of CashFlowsA.(400) NA (400)NA 400 (400)(395) OAB.(400) NA (400)NA 400 (400)(400) OAC.(500) NA (500)NA 500 (500)(500) FAD.(395) NA (395)NA 400 (395)(395) OA

A. Option A B. Option B C. Option C D. Option D

Business