Which of the following statements is true of financial leverage?

A. It indicates earnings per dollar invested by the owners of the company.
B. It is the use ofdebt in a firm's capital structure.
C. It indicates how much net income a firm earned per share of common stock outstanding.
D. It is the net income per share of common stock outstanding.


Answer: B

Business

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A business advantage of the concentrated targeting strategy for any company is that it

A. requires less market research and information. B. requires less intensive analysis of customers' characteristics and needs. C. allows a firm to utilize all of its production capacity. D. maintains the firm's flexibility in moving into other market segments. E. allows a firm to develop a special marketing mix for a single market segment.

Business

Venture capital firms are usually organized as ________

A) closed-end mutual funds B) limited partnerships C) corporations D) nonprofit businesses

Business

A proponent of private aid to assist those who are suffering from hunger has decided to take a random sample to estimate the average annual contribution in her community to world hunger relief. A similar study in a comparable community reported the

standard deviation of giving as $15 . Our proponent believes that her estimate x should be within $3 of the true average and with 92-percent confidence. If 1222 in this community contribute to world hunger relief, what size sample is appropriate?

Business

In a transition label in a state machine the syntax is A(B)[C]/D. The D stands for what?

a. transition name b. true/false condition c. action expression d. input parameters

Business