Warrants are generally created when
A) a firm decides to execute a stock split.
B) the issuing corporation decides to sweeten a bond issue.
C) a LEAP expires and automatically converts.
D) a financial institution decides to create them based on market conditions.
Answer: B
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Jerrel Corporation sells a product for $230 per unit. The product's current sales are 24,000 units and its break-even sales are 17,280 units.What is the margin of safety in dollars?
A. $5,520,000 B. $3,974,400 C. $3,680,000 D. $1,545,600
In which year did spending on mobile marketing first exceed the amount spent on desktop/laptop marketing?
A. 2014 B. 2015 C. 2016 D. 2017
In a research program that was conducted at the University of Michigan, planning, scheduling, coordinating, providing resources, and setting performance goals were all elements of what they called ________ behavior.
A. supervisory B. directive C. participative D. task-oriented E. relationship-oriented
Which of the following statements about adjustments is not correct?
A. Adjusting entries always involve one income statement account and one balance sheet account. B. Adjustments to prepaid expenses and deferred revenues are deferral adjustments. C. Adjusting entries affect the cash account. D. Adjustments for wages and income taxes are normally accrual adjustments.