Sally Snooks Has Recently Completed This Class

question 30

Multiple Choice

Sally Snooks has recently completed this class.While attending her company's holiday party,she hears one of the executives mention that the company is heavily leveraged.Sally,who recently bought 300 shares in the company's stock,is very interested in this bit of information.What does Sally understand such leverage will do for her?

• A)It will increase the amount of taxes she will have to pay on her dividends.
• B)It is a time-proven way to both improve the expected return on equity and reduce the financial risk to shareholders. This is because reliance on debt means creditors are assuming most of the risk, while shareholders are entitled to most of the profits.
• C)It will protect her return on investment if the company experiences a downturn in sales.
• D)It means that the firm is financed with a sizeable amount of debt, which can increase the return on her investment in good times but can lead to a lower return when times are bad.

Describe the process and effects of withdrawal from addictive substances or behaviors.

Identify the characteristics and consequences of addiction to drugs and certain behaviors.

Explain the influence of psychoactive drugs on neurotransmission.

Understand the specific adverse effects of alcohol consumption on memory and behavior.

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Definitions:

Military Exploits

Actions or deeds accomplished by the military, often regarding significant achievements or strategic operations in warfare.

Superb Army

An exceptionally skilled and well-prepared military force recognized for its competency and effectiveness in warfare.

Lighter Cannons

Refers to a category of cannons that were designed to be more mobile and easier to maneuver in battlefields.