A firm that takes on too much long-term debt to finance operations will see an immediate impact on its indicators of ________ financial leverage.

A. long-term
B. relative
C. comparable
D. short-term


Answer: A

Business

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The U.S. Supreme Court upheld the individual mandate in the Patient Protection and Affordable Health CareAct in National Federation of Independent Businesses v

Sebelius as a tax hike on certain taxpayers who do not have health insurance based on the power of Congress to tax. a. True b. False

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Which of the following would be least effective in a sympathy note?

A) We are deeply saddened, Corbin, to learn of the death of your wife. B) Bethany's volunteer work in the job center endeared her to many. C) If we may help you during this difficult time or lighten your load in any way, you need only call. D) I am sorry to hear your sad news; but if I may be of any help, please do not hesitate to contact me.

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Weimar Corporation is conducting a time-driven activity-based costing study in its Order Fulfillment Department. The company has provided the following data to aid in that study:Weimar CorporationOrder Fulfillment DepartmentData InputsResource Data:   Number of employees 13 Average salary per employee$36,720 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 85%?Activity Data:Processing OrdersPreparing DeliveriesHandling ReturnsMinutes per unit of the activity162844?Cost Object Data:All CustomersNumber of orders processed21,750Number of deliveries prepared11,130Number of returns handled410?On the Capacity Analysis report in time-driven activity-based costing, the "impact on expenses of matching capacity

with demand" would be closest to: A. ($257,040) B. ($220,320) C. ($183,600) D. ($233,395)

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Hector and Nicole are retired. During the current year, they receive $11,000 from a qualified pension plan, $3,000 of dividends on common stock holdings, $6,000 of tax-exempt interest, and $10,000 of Social Security benefits. Hector and Nicole's adjusted gross income is:

A. $14,000. B. $19,000. C. $24,000. D. $30,000.

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