The probability of incurring bankruptcy increases as a firm's debt/equity ratio decreases.
Answer the following statement true (T) or false (F)
False
As a firm uses more debt, the probability of bankruptcy, which brings with it lawyers' fees and other costs, increases. See 12-5: Capital Structure Theory
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The physical count of inventory of a retailer was higher than shown in its perpetual records. Which of the following could explain the difference?
A. Inventory items had been counted but tags placed on the items had not been taken off the items and added to the inventory accumulation sheets. B. An item purchased "FOB shipping point" had not arrived at the date of the inventory count and had not been reflected in the perpetual records. C. No journal entry had been made on the retailer's books for several items returned to its suppliers. D. Credit memos for several items returned by customers had not been prepared.
________ is a service which is typically associated with medical professionals and it brings experts and new findings directly to doctors through the presentation, which also allow the doctors to submit questions by voice or online chats
A) Medconference B) Skype C) WebEx D) GotoMeeting
The entry to record depreciation of the production equipment would be:
a. Debit - Depreciation Expense - Equipment Credit - Accumulated Depreciation - Equipment b. Debit - Depreciation Expense - Equipment Credit - Factory Overhead c. Debit - Factory Overhead Credit - Accumulated Depreciation - Equipment d. Debit - Work-in-Process Credit - Accumulated Depreciation - Equipment
Blake is determined to finish a building project for Mr. Hicks before the deadline. Blake is certain that if he successfully performs this building project, Mr. Hicks will hire him as a permanent builder for his expanding condominium business. Blake's belief demonstrates
A. expectancy. B. instrumentality. C. self-efficacy. D. valence. E. complexity.