Answer the following statements true (T) or false (F)
1. Degree of combined leverage considers the impact of a change in volume on the change in operating income.
2. Reducing the number of outstanding shares will always increase financial leverage since earnings per share will be higher, all else stays the same.
3. A firm will generally generate more financing from internal sources if the firm is experiencing sales growth.
4. Supply chain management has little impact on financial performance and is primarily a marketing and management concept.
5. Many companies such as McDonald's have embraced supply chain management using Web-based procedures.
1. FALSE
2. TRUE
3. FALSE
4. FALSE
5. TRUE
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Tampa Corporation's balance sheet showed the following amounts for their liabilities and stockholders' equity accounts: Current Liabilities, $20,000; Bonds Payable, $60,000; Lease Obligations, $12,000; and Deferred Income Taxes, $2,000 . Total stockholders' equity was $42,000 . The debt-to-equity ratio is
a. 0.45 b. 0.58 c. 1.76 d. 2.24
A ledger account is an abbreviated version of a T account
Indicate whether the statement is true or false
A leader who invites a follower to take on more responsibility is ______.
A. attempting to help the follower into the in-group B. attempting to determine whether the follower will fail at the task C. attempting to help the follower into the out-group D. attempting to make in-group members resentful of this follower
Which of the following is headed by the secretary-general of the United Nations (UN)?
A) the International Court of Justice B) the Secretariat C) the Security Council D) the General Assembly