Financial risk applies to both the additional variability in earnings available to common shareholders and the additional chance of insolvency caused by the use of financial leverage.

A) True

B) False

Select all that apply. A primary incentive for entrepreneurs is 1: Profit 2: A skill and happy workforce 3: Notoriety 4: Seeing an idea come into being 5: Paying taxes

If the total assets of a business are $107,000 and its liabilities are $75,000, which of the following statements is correct? a. liabilities are $32,000 b. liabilities are $42,000 c. liabilities are $57,000 d. liabilities are $98,000

Transfer pricing is a method of moving funds that represents intrafirm sales, which actually make up what percentage of world trade? A) 2 percentB) 60 percentC) 12 percentD) 20 percent

Juan believes that battles such as the french revolution are necessary for a country to preserve liberty, to maintain or gain land, and will ultimately lead to a more even distribution of wealth among a population.

The following selected transactions were taken from the records of Rustic Tables Company for the year ending December 31: June 8. Wrote off account of Kathy Quantel, $8,440. Aug. 14.

Talarczyk Company sold 10,000 Super-Spreaders on December 31, 2017, at a total price of $1,000,000 cash, with a warranty guarantee that the product was free of any defects. The cost of the spreaders sold is $550,000.

Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $180,000. However, the building carries a $56,000 mortgage that will be assumed by the partnership. Smart is investing $120,000 cash.

3. Red reflectors on lane lines always mean A. you are traveling the wrong way B. a fire hydrant is nearby C. you are traveling in the correct direction D. you may not change lanes

You and your twin sister, both 18 years of age, were in a car accident. She had a clean break across the humerus and the upper arm bone-no bleeding, no break in the skin.

Dextra Computing sells merchandise for $17,000 cash on September 30 (cost of merchandise is $11,900). The sales tax law requires Dextra to collect 3% sales tax on every dollar of merchandise sold.