Which of the following statements about the various types of risks is true??
A. ?Default risk is a nondiversifiable risk.
B. ?Interest rate risk is an unsystematic risk.
C. ?Inflation risk is a systematic risk.
D. ?Maturity risk is a firm-specific risk.
E. ?Political risk is a diversifiable risk.
Answer: C
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If a company has very low operating leverage (i.e. a low proportion of fixed costs in the cost structure) and no changes are expected in operations
a. percentage change income statement percentages can serve as the basis for projecting operating expenses. b. using common-size income statement percentages will overstate future projected operating expenses. c. using common-size income statement percentages will understate future projected operating expenses. d. using common-size income statement percentages can serve as a reasonable basis for projecting future operating expenses.
A(n) ________ is a group of empowered individuals working together to reach a common goal
Fill in the blanks with correct word
When a bank pays a check on which the drawer's signature is forged, generally the customer suffers the loss.
Answer the following statement true (T) or false (F)
A judgment awarding ________ damages is the most frequently granted judicial remedy for breach of contract
a. restitution b. monetary c. reformation d. equitable