Generally, the marketable securities account includes securities that are traded in the money markets. Group of answer choices True False

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A major difference between capital budgeting for domestic operations and foreign operations is that:

Group of answer choices

repatriation of earnings does not occur in foreign operations of multinational firms that are headquartered in the United States.

foreign operations are not taxed by both the home country and the host country.

estimating cash flows generated from foreign operations is more complex due to fluctuating exchange rates.

cash flow estimation is easier (less complex) for foreign operations.

foreign operations rarely are not as risky as domestic operations.

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New World Manufacturing has determined that its degree of financial leverage (DFL) is 3.0 when sales equal $750,000, which happens to be its operating breakeven point (i.e., S_OpBE = $750,000). At sales equal to $750,000, which of the following conditions must exist for New World Manufacturing? Assume everything else is equal.

Group of answer choices

Earnings before interest and taxes (EBIT) > 0

Earnings per share (EPS) > 0

Total operating costs = 0

Earnings per share (EPS) = 0

Earnings per share (EPS) < 0