Both operating leverage and financial leverage involve the substitution of fixed costs for variable costs
Indicate whether the statement is true or false
True
Business
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If total liabilities increase by $5,000 then
A. assets decrease by $5,000. B. stockholders' equity increase by $5,000. C. assets increase by $5,000, or stockholders' equity decrease by $5,000. D. assets and stockholders' equity each increase by $2,500.
Business
In general, as countries get richer, they enact tougher environmental and labor regulations
Indicate whether the statement is true or false.
Business