Answer:
A. Financial leverage
Explanation:
Financial leverage is simply the use of debt to buy more assets. It is defined as the degree to which a firm uses limited funds obtained at fixed cost with the aim of increasing returns to common shareholders. Financial leverage shows the use of debt and preferential share capital for magnifying the profit available to equity shareholders. In summary, it is the use of funds obtained at fixed cost to magnify the returns of the equity shareholders.
Answer:
an improvement in the education level of the work force of a nation
Explanation:
The production possibility curve is a curve that shows the various quantities of two goods an economy can produce at a given level of technology and amount of labour force.
Factors that leads to an outward shift of the production possibility curve;
1. Increase in labour force
2. Increase in education level of the Labour force
3. Technological advancement
Shifting resources from the production of one good to the production of another leads to a movement along the production possibility curve.
I hope my answer helps you
Answer:
Examples of bad faith include undue delay in handling claims, inadequate investigation, refusal to defend a lawsuit, threats against an insured, refusing to make a reasonable settlement offer, or making unreasonable interpretations of an insurance policy.
Explanation:
Answer:
a. 15 times
b. 24.3 days
Explanation:
The computations are shown below:
a. Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
= $1,500,000 ÷ $100,000
= 15 times
Now the Number of days' sales in receivables would be
= Total number of days in a year ÷ Accounts receivable turnover ratio
= 365 days ÷ 15 times
= 24.3 days
Answer: Option C
Explanation:
For accounting, accrual of something is the accumulation over a duration of time of benefit or specific investments. It has different accounts meanings in which it can apply to accounts on a financial statements that reflect obligations and non-cash assets used in accrual accounting.
Examples of typically accrued expenses include: loan interest that have not yet obtained a creditor invoice. Hence from the above we can conclude that the correct option is C.