If a company had a mixed cost structure, every dollar of revenue after covering the fixed costs would be pure profit.
Answer the following statement true (T) or false (F)
False
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Which of the following is not true concerning the recognition of unrealized gains and losses on foreign currency translation during the consolidation process?
a. Firms do not recognize these gains/losses in current income. b. Firms recognize these gain/losses in the statement of other comprehensive income c. Firms increase/reduce their investment accounts by the translation gains/losses d. Unrealized gains and losses increase/decrease other accumulated comprehensive income in shareholders' equity.
The interest coverage ratio measures the degree of protection a company has from default on interest payments
Indicate whether the statement is true or false
Giving followers specific instructions about their tasks, providing deadlines, setting standards for performance, and explaining rules is known as ______.
A. directive leadership B. supportive leadership C. participative leadership D. achievement-oriented leadership
Which of the following is one of the four steps in reading a contract?
a. What-ifs b. Scan for typos c. Re-write with a lawyer d. Final approval