Aunt Dottie’s Linen Inc. reported no long-term debt in its most recent balance sheet. A company with no debt on its books is referred

Question

Aunt Dottie's Linen Inc. recently reported no long-term debt on its balance sheet. In financial terminology, a company that has no debt on its books is referred to as: (a) a company with no leverage, or an unleveraged company, or (b) a company with leverage, or a leveraged company.

Anonymous · Accepted Answer

The correct answer is letter "B": A company with leverage, or a leveraged company.Explanation:Leveraged companies are those that finance their activities on debt to a certain degree resulting in having a positive balance on their books against a promissory note of debt repayment in the long-term. Companies that do not request loans to fund their operations rely on equity financing only.  Companies using too much leverage carry the risk of having more volatile profits the expectations of increasing revenue tend to offset that idea.

Anonymous · Answer

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

Anonymous · Answer

answer; yield to maturity;

Anonymous

Aunt Dottie’s Linen Inc. reported no long-term debt in its most recent balance sheet. A company with no debt on its books is referred

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