Risk can be apportioned as financial and business risk. Financial risk and business risk are related in that as business risk increases so does financial risk, although the correlation between the two is not perfect.?
Answer the following statement true (T) or false (F)
False
A firm has a certain amount of risk inherent in its production and sales operations; this is its business risk. When it uses debt, it partitions this risk and concentrates most of it on the common stockholders. This is its financial risk. Both business risk and financial risk affect the capital structure of a firm. See 12-1: The Target Capital Structure
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Preformatted screens in the OE/S process are a control plan that involves the detailed comparison of the individual elements appearing on two source documents
Indicate whether the statement is true or false
In a multi-step income statement, which of the following items is excluded from the calculation of operating income?
A) gross profit B) interest expense C) selling expense D) administrative expense
Unhappy customers
a. don't come back. b. don't tell your business why they are unhappy. c. tell others why they are unhappy with your business. d. all of these choices.
When catalog companies send sale catalogs to their current customers, which type of growth strategy are they pursuing?
What will be an ideal response?