Since 1868,U

question 139

Multiple Choice

Since 1868,U.S.courts have used the _____of the Fourteenth Amendment to the Constitution to check a range of potentially discriminatory and unfair actions by governments at every level.

• A)Equal Protection Clause
• B)Equal Rights Act
• C)Fair Labor Standards Act
• D)Anti-discrimination Clause

Identify the classification of transactions in the statement of cash flows such as operating, investing, and financing activities.

Understand how changes in current assets and liabilities affect cash flows from operating activities.

Determine the cash effects of transactions involving assets purchases and sales.

Calculate net cash provided by or used in operating activities using the indirect method.

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Definitions:

Debt Management Ratios

Financial ratios that indicate the degree to which a company is financed by debt and its ability to repay it.

Financial Leverage

The use of borrowed funds to increase the potential return of an investment.

Managers

Individuals in an organization responsible for controlling or administering all or part of a company or similar organization.

Times-Interest-Earned Ratio

A financial metric that measures a company's ability to meet its debt obligations by comparing its interest expenses to its earnings before interest and taxes (EBIT).