Answer the following statement(s) true (T) or false (F)
1. Cumulative preferred stock accumulates unpaid dividends until they are paid and is paid before any common stock dividends are paid.
2. Both common stock holders and preferred stock holders have a vote in corporate matters.
3. Only preferred stock holders have a vote in corporate matters.
4. The book value of common stock is the sum of all the recorded par values of issued stock.
5. The market value of a stock may be different from the book value.
1. TRUE
2. FALSE
3. FALSE
4. FALSE
5. TRUE
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Which of the following normally does not introduce measurement error into the calculation of P/E ratios?
a. differences in firm specific growth rates b. restructuring losses c. transitory gains d. deferred taxes
In a common-size financial statement, which of the following is given a designation of 100 percent?
a. Cost of goods sold b. Total assets c. Total liabilities d. Net income
Primary responsibility for the financial statements lies with: AuditorsManagementA.YesYesB.YesNoC.NoYesD.NoNo
A. Option A B. Option B C. Option C D. Option D
CPFR in forecasting stands for ______.
a. combined planning forecasting and replenishment b. collaborative planning forecasting and replenishment c. continuous planning forecasting and replenishment d. customer planning forecasting and replenishment