A firm has EBIT of $375,000, interest expense of $75,000, preferred dividends of $6,000 and a tax rate of 40 percent. The firm's degree of financial leverage at a base EBIT level of $375,000 is ________
A) 0.97
B) 1.29
C) 1.27
D) 1.09
B
Business
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In order to serve as the "corporate conscience," public relations professionals should enjoy enough autonomy to deal honestly and openly with management
Indicate whether the statement is true or false
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The excess of budgeted or actual sales over sales at break-even point is referred to as ______________________________
Fill in the blank(s) with correct word
Business
Writing the tentative headline of a news release in all-capital letters is not a good way to identify the story
Indicate whether the statement is true or false
Business
Which of the following is NOT a key element in the integrated cross-cultural model of leadership?
A. Worker efficacy B. Substitutes for leadership C. Individual and group processes D. Leader’s image
Business