Financing a portion of a firm's assets with securities bearing a fixed rate of return in hopes of

increasing the return to stockholders refers to

A) financial leverage. B) combined leverage.
C) operating leverage. D) business risk.

A

Business

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What is a participating life insurance policy?

A) Agreement that allows two or more beneficiaries to share in the death benefit B) Contract that gives beneficiaries the right to participate in any dividends C) Contract that allows the policyowner to receive a share of surplus in the form of policy dividends D) Agreement that insures two or more lives

Business

Current liabilities are defined as past-due debt obligations

Indicate whether the statement is true or false

Business