Who will win the World Series?
Milw
aukee Brewers
Boston Red Sox
New York Mets
New York Yankees
LA Dodgers
I don’t c
are
17% 17% 17%17%17%17%1. Milwaukee Brewers2. Boston Red Sox3. New York Mets4. New York Yankees5. LA Dodgers6. I don’t care
Financial Leverage
Incre
ases returns
Decrease
s return
s
All of t
he above
None of the above
25% 25%25%25%1. Increases returns2. Decreases returns3. All of the above4. None of the above
Capital budgeting and financial leverage are
the sa
me
related
the sa
me as capita
l bud...
none of the above
25% 25%25%25%1. the same2. related3. the same as capital
budgeting4. none of the above
Company A: Sales $100, Operating Income = $10, no financial leverageCompany B: Sales $100, Operating Income = $10, Debt Ratio = 50%Company A’s ____________ is greater than Company B’s
Operating perfo
rman
ce
Net Inco
me Cash
1 and 2
2 and 3
1, 2, a
nd3
17% 17% 17%17%17%17%1. Operating
performance2. Net Income3. Cash4. 1 and 25. 2 and 36. 1, 2, and3