When a company sells a subsidiary or a product line on what financial statement is it reported and how is it reported?
The sale of a company's subsidiary or a product line is reported on the income statement as a gain or loss from discontinued operations and is reported net of applicable income taxes.
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Financial risk refers to the extra risk borne by stockholders as a result of a firm's use of debt as compared with their risk if the firm had used no debt.
Answer the following statement true (T) or false (F)
The financial manager of a firm has a variable rate loan outstanding. If she wishes to protect the firm against an unfavorable increase in interest rates she could:
A) sell an interest rate futures contract of a similar maturity to the loan. B) buy an interest rate futures contract of a similar maturity to the loan. C) swap the adjustable rate loan for another of a different maturity. D) none of the above
________ is used to convince you that a particular course of action is logically the best course because it is in your best interest.
A. A personal appeal B. Rational persuasion C. An inspirational appeal D. Consultation
Under the FLSA, all employees in the United States are entitled to overtime pay for any hours beyond 40 hours per week
Indicate whether the statement is true or false