Financial leverage may be defined as the potential use of variable financial costs to magnify the effects of changes in earnings before interest and taxes (EBIT) on a firm's earnings per share (EPS)
Indicate whether the statement is true or false
FALSE
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The bank's routing number ________.
A) contains 10 digits B) identifies the bank upon which the payment is drawn C) includes the account number of the business D) is not shown on the check
The declaration of dividends is solely the decision of the corporation's stockholders
Indicate whether the statement is true or false
Which of the following statements is true of discharge of contracts?
A) Anticipatory breach discharges the breaching party's obligations to the contract. B) Substantial performance is sufficient to discharge a contract. C) Tender of performance discharges a party's contractual obligations. D) Tender is a conditional offer by contracting party to perform his or her obligations under the contract.
What is an annulment? On what grounds are annulments provided?
What will be an ideal response?