Which statement concerning the tradeoff between financing through debt or equity is true?
A. Generally, financing with debt is more expensive than equity.
B. Generally, financing with debt carries more risk than equity.
C. A and B are correct.
D. Neither A nor B are correct.
Answer: B. Generally, financing with debt carries more risk than equity.
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Manufacturers' representatives:
A. Take ownership of the merchandise they sell for manufacturers B. Are a source of fixed costs on their principals' income statements C. Do not specialize in the type of products they handle D. Often carry competing lines of merchandise E. Have no authority to modify their principals' instructions concerning price or terms of sale
Which of the following parts of the URL "http:// www.timesonline.co.uk" represents the top-level domain?
A) http:// B) .uk C) www. D) timesonline