From a firm's point-of-view, which of the following is true of issuance of convertible bonds?
A) It acts as a permanent source of cheap funds.
B) It results in a non-tax-deductible interest payments.
C) It is an immediate sale of common stock.
D) It decreases financial leverage upon conversion.
D) It decreases financial leverage upon conversion.
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Which statement best reflects the process of asking and answering interview questions?
a. Interviewees are not encouraged to ask questions during the interview. b. Interviewees who answer hard questions are seen as more competent. c. Interviewees who ask questions are seen as passionate and interested. d. Interviewees should restrain themselves from asking too many questions.
Cash withdrawals by owners decrease assets and increase equity
Indicate whether the statement is true or false
Which of the following is not withheld from an employee's salary?
A. Federal and state unemployment taxes. B. Employee portion of health insurance. C. FICA taxes. D. Federal and state income taxes.
Which of the following is not descriptive of an online vertical marketplace?
A. industry-specific websites B. provide e-business solutions within industry boundaries for buyers and sellers C. sell shrink-wrapped software D. build links between suppliers, customers and competitors E. aim to increase the efficiency of the supply chain.