Which of the following statements is correct? a. other things held constant, the more debt a firm uses, the higher its operating margin will be. b. debt management ratios show the extent to which a firm's managers are attempting to magnify returns on owners' capital through the use of financial leverage. c. other things held constant, the more debt a firm uses, the higher its profit margin will be. d. other things held constant, the higher a firm's debt ratio, the higher its tie ratio will be. e. debt management ratios show the extent to which a firm's managers are attempting to reduce risk through the use of financial leverage. f. the higher the debt ratio, the lower the risk.

Partnerships are the most common type of business firms in the world. t/f

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $