Financial Leverage Is The

question 70

Multiple Choice

Financial leverage is the:

• A)presence of fixed operating costs.
• B)portion of earnings that is paid out as dividends to the common stockholders.
• C)risk associated with a firm's operations.
• D)combination of the debt and the equity a firm uses to finance its assets.
• E)extent to which fixed-income securities are used in a firm's capital structure.

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Definitions:

Rosa Parks

An African American civil rights activist whose refusal to give up her seat on a Montgomery, Alabama bus in 1955 became a symbol of the fight against racial segregation.

NAACP

The National Association for the Advancement of Colored People, an organization founded in 1909 to fight for the civil rights of African Americans.

Executive Secretary

A high-ranking administrative assistant or officer who provides support to top executives by handling communication, organizing schedules, and performing administrative duties.

SCLC

The Southern Christian Leadership Conference, an African-American civil rights organization founded in 1957, which played a major role in the civil rights movement.