A graph shows a firm's net operating profit on the horizontal axis and its earnings...

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Finance

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A graph shows a firm's net operating profit on the horizontal axis and its earnings per share on the vertical axes. The line on this graph that shows how net operating profit affects earnings per share will be steeper if a firm uses leverage compared to the case when the firm is financed only with equity. True O False Short-term financial management is concerned with management of a firm's current assets and current liabilities to achieve a balance between profitability and risk. O True O False In most years, the number of firms holding dividends steady is greater than the number of firms increasing dividends. True False

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