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Exam (elaborations)

IET 414: First Midterm || A Verified A+ Pass.
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4

January 2025

2024/2025

A+
corporate government correct answers Businesses way of regulated a company rules/laws Sole Proprietorship correct answers Represents single-person owners Partnership correct answers Similar to sole proprietorship except with two or more owner Limited liability partnership correct answers One or more partners designated general partners and have unlimited liability for debts of firm Corporation correct answers a company or group of people authorized to act as a single entity (legally ...
SirAnton
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IET 414 Exam 2 || with Accurate Answers 100%.
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3

August 2024

2024/2025

A+
Available in bundle
What is operating leverage? correct answers Comparing a company's fixed VS variable costs What does a company with high operating leverage look like? correct answers A business that generates sales with a high gross margin and low variable costs True or False Operating Leverage is used to calculate a company's break-even point. correct answers True. This helps businesses set appropriate selling prices to cover all costs to help generate a profit. What is break-even point? corre...
SirAnton
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IET 414 exam 2 || with 100% Verified Solutions.
Available in bundle

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3

August 2024

2024/2025

A+
Available in bundle
What is Operating Leverage? correct answers extent to which fixed assets and associated fixed costs are utilized in business. Classified as fixed, variable, or semivariable What is Leverage? correct answers use of special force or effects to produce more than normal results from a given course of action. emphasis on employment of fixed cost items to magnify returns at high levels of operations What is financial leverage? correct answers reflects amount of debt used in capital structure of ...
SirAnton
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IET 414 Exam 1 review || A+ Guaranteed.
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5

August 2024

2024/2025

A+
Available in bundle
Primary goal of financial management correct answers The primary goal is to maximize profit or shareholder wealth maximization. Drawbacks: change in profit may also represent change in risk. Fails to consider timing benefits. Impossible task of accurately measuring key variable "Profit". Problems with inflation and international currency transactions further complicate the issue. Solo proprietorship correct answers ownership of a business by one person Advantage: Simplicity in decisio...
SirAnton
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