State Whether or Is Being Used in the Exclusive or Inclusive

question 188

Multiple Choice

State whether or is being used in the exclusive or inclusive sense in the given statement.
-The insurance policy will not cover misuse or acts of God.

• A)Exclusive
• B)Inclusive

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Definitions:

Equity Multiplier

A financial leverage ratio that measures the proportion of a company's assets that are financed by stockholders' equity.

Dividend Yield

The ratio of a company's annual dividend payments to its share price, reflecting the earning potential from dividends for investors.

Receivable Turnover

A financial metric that measures the efficiency of a company in extending credit and collecting debts, calculated as sales divided by the average accounts receivable.

Inventory Turnover

An indicator of the number of times a firm's inventory turnover occurs during a certain period, demonstrating the effectiveness of its inventory control practices.