If You Know You Are Going to Order Dessert at Dinner

question 80

Multiple Choice

If you know you are going to order dessert at dinner tonight, which of these choices would illustrate the concept of balancing your choices?

• A) Choosing a salad with fat-free salad dressing for lunch
• B) Eating a big lunch as you will 'blow' your diet tonight anyway
• C) Skipping breakfast
• D) All of these illustrate balance.

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Definitions:

Capital Structure

The combination of borrowing (debt) and ownership (equity) capital employed by a firm to finance its activities and expansion.

Equity-Financed

The method of funding a business through the sale of shares, thus raising capital without incurring debt.

Fixed Asset Turnover

A financial efficiency ratio that measures how well a company utilizes its fixed assets to generate sales.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity.