The Lower the Fixed-Payment Coverage Ratio, the Lower Is the Firm's

question 154

True/False

The lower the fixed-payment coverage ratio, the lower is the firm's financial leverage.

---

Definitions:

Workers' Rights

The entitlements and protections granted to workers by law, including fair pay, safe working conditions, and the right to unionize.

Labor Union

An organization of workers formed to protect and advance their members' interests regarding working conditions, wages, and benefits.

Industrial Democracy

A model or concept where workers have a direct or indirect say in the management and decision-making processes of their workplace.

Union Members

Individuals who belong to a labor union, an organization that represents workers in negotiations with employers over wages, benefits, and working conditions.