Which of the following is/are not true?
a. Firms may issue capital stock (preferred or common) for cash or for noncash assets.
b. Firms usually issue shares for cash at the time of their initial incorporation and at periodic intervals as they need additional shareholder funds.
c. Firms sometimes issue shares to employees as compensation.
d. The issue price for preferred stock usually approximates its par value.
e. none of the above
E
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What is the primary problem with redundant data?
A. It is difficult to determine which values are the most current. B. It is often inconsistent. C. It is difficult to determine which values are the most accurate. D. All of these.
Because products ________, a firm must adapt to new competitors and to consumer demands.
A. do not sell forever B. with name brands are the only ones to sell forever C. will sell forever D. that are tried and true are the best sellers E. that are made well last forever
In the context of retail store categories, an outlet store is a producer-owned store that sells directly to the public at a huge discount.
Answer the following statement true (T) or false (F)
Flem sells an all-terrain, off-road vehicle to Esteban without disclosing that the odometer, which reads 30,000 miles, was disconnected 50,000 miles ago. Flem is most likely liable for
A. duress. B. fraud. C. mistake. D. nothing.