Answer:
Option (a) is correct.
Explanation:
EBIT:
= Revenues - Fixed operating costs - (variable cost ratio × revenues)
= $32.2 - $20.8 - (0.30 × 32.2)
= 1.74 million
KH's degree of total leverage:
= (EBIT + Fixed cost) ÷ (EBIT - Interest)
= (1.74 + 20.8) ÷ [(1.74 - (9% × 10)]
= 26.83
Therefore, the KH's degree of total leverage is 26.83.
Answer:
B. money market funds
Explanation:
The most limited definition of money, M1, consists just of cash and various bank accounts that allow check writing. Money in circulation includes cash, traveler's checks, demand deposits, and other types of checkable deposits.
A strategic management tool known as the "Business Model Canvas" aids companies in describing, developing, and analyzing their business models.
As part of his PhD research, Swiss business theorist and entrepreneur Alex Osterwalder created the canvas. The Business Model Canvas was further developed in a book called Business Model Generation that he co-authored with the Belgian computer scientist who served as his graduate advisor.
Business Model Generation's front cover states that it was "co-created by: an outstanding crowd of 470 practitioners from 45 countries."
To learn more about Business Model Canvas here
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The depreciation happened in 2009. The capital stock of the US amounted to $3 trillion dollars but its value depreciated to $1.2 trillion dollars in the same year. During this time, the US was slowly recovering from a recession. They believe that the recession would continue until 2022