One way of measuring the advantage of financial leverage to the owners of the company is ________
A) to examine the earnings per share (EPS) of a company before borrowing from debt lenders
B) to examine the earnings per share (EPS) of a company after borrowing from debt lenders
C) to examine the dividends per share (DPS) of a company before and after borrowing from debt lenders
D) to examine the earnings per share (EPS) of a company before and after borrowing from debt lenders
Answer: D
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Partial correlations have an order associated with them. The order indicates how many variables are being adjusted or controlled
The simple correlation coefficient, r, has a ________, as it does not control for any additional variables when measuring the association between two variables. The coefficient rsy.z is a ________ partial correlation coefficient, as it controls for the effect of one additional variable, Z. A) zero-order; first-order B) zero-order; second-order C) first-order; second-order D) first-order; third-order
If you have a dispute over an item on your monthly credit statement, you should
A) not pay any part of the bill until the matter is resolved since a payment is an admission of guilt. B) call the creditor on the phone, explain the dispute, and request a revised statement. C) notify the creditor in writing, indicate the nature of your position, and pay any amount that is not disputed. D) pay the disputed amount before contesting the charge.