Which of the statements below is true regarding capital structure ? a) adding debt to the capital structure will always make shareholders better off. b) capital structure deals with the asset-side of the balance sheet3c) financial leverage is the degree to which a firm or individual utilizes borrowed money to make money. d) according to the static theory of capital structure, the optimal capital structure is the one at which the company’s weighted average cost of capital (wacc) is at a maximum

Monica needs to assess the slide sequence and make quick changes to it. which view should she use in her presentation program? a. outline b. slide show c. slide sorter d. notes page e. handout

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

In most states, a licensee must provide a(n) of any existing agency relationships to all parties