What is the combined debt and equity income (interest plus earnings after tax) for the Equity and Debt firm?
A) $700,000
B) $760,000
C) $560,000
D) $300,000
B
Explanation: B) = EAT + Interest = $560,000 + $200,000 = $760,000.
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For an action to be called fraudulent, all of the following conditions are required except
a. poor judgment b. false representation c. intent to deceive d. injury or loss
The cash flow on total assets ratio is computed by dividing ________ by ________.
What will be an ideal response?
Which of the following is not correct regarding the relationship between an independent contractor and a principal?
a. The contractor is liable under respondeat superior. b. The contractor generally contracts to perform services but is not controlled by the principal. c. The right of control is the essential and often decisive factor in determining whether someone is an independent contractor or an employee. d. Under some circumstances, a principal will be vicariously liable for torts committed by a carefully selected independent contractor.
Use the information in Table 13.7. What are the x and y coordinates for the center of gravity?
A) x > 9, y > 14 B) x < 4, y > 2 C) x > 4.5, y < 2 D) x < 9, y < 6