Which of the Following Is a Key Benefit of Using

question 14

Multiple Choice

Which of the following is a key benefit of using the degree of leverage concept in financial analysis?

• A)It allows decision makers a relatively clear assessment of the consequences of alternative actions.
• B)It establishes the optimal capital structure for the firm.
• C)It shows how a given change in leverage will affect sales.
• D)It identifies, with certainty, the future net income based upon sales projections about the future.
• E)None of the above statements is correct.

Interpret the concept of ethical culture within organizations.

Analyze the current state of business ethics in the 21st century.

Comprehend why investors are concerned with business ethics.

Understand the impact of the Dodd-Frank Wall Street Reform and Consumer Protection Act on financial services industry responsibility.