Which of the following is not true?
a. Owners of preferred stock have a claim on the assets of a firm that is senior to the claim of common shareholders.
b. Preferred shares carry special rights.
c. The senior status and special rights may induce certain investors to purchase preferred shares of a firm, even though they would be unwilling to purchase common shares of the same firm.
d. The senior status and special rights increase the risks of preferred shareholders relative to common shareholders.
e. Preferred shares vary with respect to the rights and obligations of the issuing firm and of the investor in the preferred shares.
D
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A farm tractor costing $80,000 is depreciated using the MACRS method. The tractor qualifies as a 3-year property, has a scrap value of $20,000, and is depreciated at the following rates: Year 1, 33.33%; Year 2, 44.45%; Year 3, 14.81%; and Year 4, 7.41%. The amount of depreciation to be entered for the second year would be
a. $20,000. b. $26,670. c. $35,560. d. $44,450.
Which of the following is a popular program used to index and store evidence?
a. CaseCentral b. IDEA c. TANZAN d. SQL
What criteria should a firm consider before choosing a channel alternative?
What will be an ideal response?
Contribution margin ratio is the ratio of contribution margin to ________.
A) net sales revenue B) cost of goods sold C) total variable costs D) total fixed costs