Financial leverage multiplier is the ratio of ________

A) current assets to common stockholders' equity
B) total assets to common stockholders' equity
C) total assets to total debt
D) current assets to current liabilities

B

Business

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Transformation from centrally planned command economies to market-based economies can be attributed to the fact that command and mixed economies failed to deliver the sustained economic performance achieved by countries adopting market-based systems.

a. true b. false

Business

A provision that allows a policyowner to temporarily give up ownership rights to secure a loan is called a(n)

A) automatic premium loan B) nonforfeiture option C) collateral assignment D) irrevocable assignment

Business