Author Question: The Hamptons enjoy owning and operating their own restaurant. They enjoy being the masters of their ... (Read 687 times)

Yi-Chen · **on:** Jul 14, 2018

The Hamptons enjoy owning and operating their own restaurant. They enjoy being the masters of their own destinies and closing down the restaurant for one week a year so that they can take a vacation. The Hamptons seem to enjoy which advantage of a small business?
A) Limited potential
B) Personal relationships with customers
C) Independence
D) Personal relationships with employees
E) Ability to adapt to change

Question 2

The use of borrowed funds to increase the return on owners' equity is called
A) financial planning.
B) investment management.
C) management leverage.
D) financial leverage.
E) return on leverage.