The advantages of financial leverage accrue primarily to
A) management.
B) stockholders.
C) the government.
D) creditors.
B
You might also like to view...
The person who develops and produces the actual advertisement is the:
A) account executive B) creative C) account planner D) media planner
All of the following are conditions for an ordinary annuity except
A) periodic cash flows must be equal in amount B) the time periods between the cash flows are the same length C) the interest rate is constant for each time period D) interest is compounded in the middle of each time period
When actual capacity exceeds expected capacity, the result is a(n)
A) favorable fixed overhead volume variance. B) favorable materials quantity variance. C) unfavorable overhead variance. D) unfavorable materials quantity variance.
A firm sells its headquarters building at a gain. This means that at the time of sale
a. the cash or other assets received were greater than the building's book value. b. the cash or assets received in a transaction were less than the carrying value of the assets given up. c. the cash or other assets received were greater than the building' carrying value. d. the cash or assets received in a transaction were less than the building's book value. e. both choices a and c are correct.