Answer:
A recession occurring in a trading partners economy
Answer:
The answer is True.
Explanation:
Income statement ultimately shows the profit or the loss of the Organizational activities.
The data used in the preparation of the income statement are based on the accounting information are are always based on accounting information.
The retailer/store pays the interchange rate.
Answer:
financial leverage
Explanation:
Preferred stocks are very similar to bonds since they both yield fixed returns. The difference is that interest paid on bonds is called coupon while interest paid on preferred stock are considered dividends. But they essentially are the same, they both represent debt. The advantage of preferred stock is that when a company doesn't make a profit it doesn't need to pay dividends, while it should always pay coupons.
Whenever you take a loan and use it to finance your business activities, it is called financial leverage. When the investment produces a higher return than the interest paid, the company's equity increases.
Total cost = $3 / gallon (150 miles / (25 miles/gallon)) =<span> $18</span>
