According to the convertibility provision, a common stock can be converted to a certain number of shares of preferred stock at the conversion price.
Answer the following statement true (T) or false (F)
False
The preferred stockholder has the option to convert each share of the preferred stock into a certain number of shares of common stock at the conversion price. See 7-1: Types of Equity
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When a company makes a change in an estimate that it has used in its financial statements, it should account for the change by
a. retroactively restating all prior financial statements b. treat the change as a cumulative effect change in accounting estimate c. spread the effect of the change over the current and future periods d. companies are not allowed to make changes to estimates
For few companies, the package itself has become an important promotional medium
Indicate whether the statement is true or false
Person–environment fit is multi-dimensional and employees want to feel that they have a job that fits their personality. This is known as ______.
A. person–team fit B. person–supervisor fit C. person–organization fit D. person–job (PJ) fit
For most consumers, there is an assumed relationship between
A. price and quality. B. value and cost. C. internal and external reference prices. D. value and price consciousness. E. prestige prices and value.