Earning more income on borrowed money than the related interest expense is called ________
A) premium
B) leverage
C) annuity
D) amortization
B
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Which of the following is not a financial control?
A. budgets B. financial statements C. income statement D. audits E. ISO 14000
Non-equity alliances:
a. Involve contractual agreements b. Refer to any form of cooperative relationship between two or more firms c. a and b d. Are not based on contractual agreements
The law requires a qualified pension plan that provides benefits based upon credited years of service to fund you with additional benefits for service beyond normal retirement age
Indicate whether the statement is true or false.
Which of the following is correct with regard to "par value"?
A) It indicates the worth of the stock at issue. B) It is the minimum price at which the corporation may sell the stock at issuance. C) It represents the maximum price at which the stock may be sold at issuance. D) It represents the amount for which the stock must be traded.