The delegation doctrine only allows executive and legislative powers to an administrative agency, and not judicial powers

Reviewing computer screens, reports, and business forms for the purpose of gaining an understanding of data is indicative of the:

A) investigative approach. B) business approach. C) bottom-up approach. D) top-down approach. E) conceptual approach.

Babbit Corp has a debt ratio (debt to assets) of 40%. Management is wondering if its current capital structure is too conservative. Babbit Corp's present EBIT is $4.5 million,

and profits available to common shareholders are $2,851,200, with 480,000 shares of common stock outstanding. If the firm were to instead have a debt ratio of 60%, additional interest expense would cause profits available to stockholders to decline to $2,791,800, but only 384,000 common shares would be outstanding. What is the difference in EPS at a debt ratio of 60% versus 40%? A) $5.94 B) $1.33 C) $1.09 D) $-0.12