Companies Heidee and Leaudy have the same sales, tax rate, interest rate on their debt, total assets, and basic earning power. Both companies have positive net incomes. Company Heidee has a higher debt ratio and, therefore, a higher interest expense. Which of the following statements is CORRECT?

a. Company Heidee has more net income.
b. Company Heidee pays less in taxes.
c. Company Heidee has a lower equity multiplier.
d. Company Heidee has a higher ROA.
e. Company Heidee has a higher times interest earned (TIE) ratio.


b

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Which of the following statements about Gen Yers is true?

A) They are selective, confident, and impatient. B) They are more likely to associate retirement with "the beginning of the end". C) They are more pragmatic and individualistic. D) They were born between 1964 and 1978. E) They were the first generation to find surpassing their parents' standard of living a serious challenge.

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As part of her job as a stock clerk, Breanna is required to take inventory to identify items to be restocked. At the beginning of each quarter, Breanna and her manager set a goal for reducing the amount of time it takes to take inventory. This quarter, her goal is to reduce the time by 10%. At the end of the period, Breanna will review her numbers with her manager. If she has reduced the time she spends on inventory by 10%, she will receive a raise. Breanna’s performance appraisal is done using the ______ method.

A. critical incidents B. management by objectives C. ranking D. behavioral anchored rating

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Civil law comprises state, but not federal, statutes governing litigation between two private parties

Indicate whether the statement is true or false

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If you need individual coverage, a good way of holding down your insurance costs would be to

A) purchase only accident insurance. B) purchase accident insurance supplemented by policies for specific catastrophic diseases such as cancer. C) purchase a comprehensive health care policy. D) purchase major medical insurance with high deductibles.

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