If a company offers additional considerations to convertible bondholders in order to encourage conversion, it is called a(an):

a. forced conversion.
b. sweetener.
c. additional conversion.
d. end conversion.


Ans: b. sweetener.

Business

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a. capital expenditures b. revenue expenditures c. utility expenditures d. committed expenditures

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Which of the following does not describe the Toyota Production System (TPS)?

A) jidoka B) "just-in-time" C) fixed setup time D) built-in quality E) visualizing problems

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Dickus Corporation's only product sells for $100 per unit. Its current sales are 35,600 units and its break-even sales are 29,192 units. Required: Compute the margin of safety in both dollars and as a percentage of sales.

What will be an ideal response?

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Which of the following is a routine announcement?

A) Notifying customers about a change in policy B) Persuading a client to accept a new deadline C) Acknowledging that you have a meeting with your boss D) Notifying a customer that you will grant his claim for a refund E) Expressing concern when a coworker has experienced personal misfortune

Business