Useful ratios for benchmarking a firm's capital structure include
A) the Debt ratio.
B) Times Interest Earned ratio.
C) EBITDA coverage ratio.
D) all of the above.
Answer: D
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A plan that lists the types and amounts of selling expenses expected during the budget period is called a(n):
A. Purchases budget. B. Selling expense budget. C. General and administrative budget. D. Sales budget. E. Capital expenditures budget.
Answer the following statements true (T) or false (F)
1. An economic strike is a strike that occurs when workers are unhappy with a country's general economic conditions and seek to apply pressure to government officials to improve the economy. 2. Workers cannot be disciplined or discharged for participating in unfair labor practice strikes even if the NLRB ultimately determines that the employer is innocent of any wrong-doing. 3. Regardless of whether workers strike over "mandatory" or "permissive" bargaining issues, the NLRA protects their right to strike and they cannot be discharged or disciplined for their strike activity. 4. Public sector strikes are often not allowed in part because it is believed that they have the potential to seriously harm the public interest. 5. If the President thinks a strike will be dangerous to the national health or safety, the Taft-Hartley Act empowers the President to halt a strike while an arbitrator investigates and issues a final and binding decision.
According to the equal dignity rule, agents' contracts to sell property covered by the Statute of Frauds must be in writing to be enforceable.
Answer the following statement true (T) or false (F)
Which of the following is not a characteristic of a consumer market?
A. It consists of purchasers who intend to consume or benefit from the purchased products. B. They do not buy products for the main purpose of making a profit. C. They are sometimes referred to as B2C markets. D. Their purchasing decisions are always made by only one individual. E. They may buy the product, but not use it themselves.