Below the break-even EBIT, the owners can benefit from financial leverage
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: ABOVE the break-even EBIT, owners can benefit from financial leverage.
You might also like to view...
By the end of 2012, Groupon had more than 40 million users in 48 countries. More than half of Groupon's Web site visitors live in the United States
Indicate whether the statement is true or false
The control unit uses special circuitry called a(n) _____, which synchronizes all tasks.
Fill in the blank(s) with the appropriate word(s).
Dakota Oil, Inc. reported that its sales and EBIT increased by 10%, but its EPS increased by 30%
The much larger change in earnings per share could be the result of A) a high percentage of credit sale collections from prior years. B) high financial leverage. C) high operating leverage. D) high fixed costs of production.
If the offer does not specify a type of acceptance, the offeree may accept in any reasonable manner and method
Indicate whether the statement is true or false