Financial ratios are often reported by industry or line of business because differences in the type of

If a firm takes on ________ it may be downgraded by rating agencies, resulting in ________ interest payments

A) too much incremental debt; lower B) too much incremental debt; higher C) too little incremental debt; lower D) too little incremental debt; higher

Which item below is an example of tax-advantaged income?

A) Interest on certificates of deposit B) $200 of municipal bond interest C) Interest on corporate bonds D) $1,000 of short-term capital gains