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Hua Knows That Lee Frequently Completes Her Assignments Long After

question 16

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Hua knows that Lee frequently completes her assignments long after they are due.She has noticed that their teacher willingly accepts Lee's late assignments because Lee always has a creative excuse for turning them in late.Hua begins to do the same thing-she turns in assignments past the due date and makes up excuses for why she is late.Hua's increase in excuse-making is due to:


Definitions:

EBIT

Earnings before interest and taxes, a measure of a company's profitability that excludes expense and income from interest and taxes.

DFL

Degree of Financial Leverage, a ratio that measures the sensitivity of a company's earnings per share to fluctuations in its operating income, based on its capital structure.

ROCE

Return on Capital Employed; a financial ratio that measures a company's profitability and the efficiency with which its capital is used.

Financing Charges

Interest and other costs associated with borrowing funds or purchasing goods and services on credit.

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