The globalization of ______________ refers to the sourcing of goods and services from locations around the globe to take advantage of national differences in the cost and quality of factors of production (such as labor, energy, land, and capital)

Which of the following statements is true?

A) A graph of the relationship between EPS and EBIT is steeper when the firm is leveraged. B) At the indifference point on an EPS-EBIT graph, two financing alternatives provide the same EBIT. C) Firms are more likely to use greater levels of debt when predicted EBIT is low. D) In EPS-EBIT analysis, EPS is considered a poor proxy for firm value. E) None of the above.

Factoring accounts receivable is relatively an expensive source of secured short-term funds that allows firms to turn accounts receivable immediately into cash

Indicate whether the statement is true or false