Which of the following provisions/features allows the firm to repurchase and retire a given percentage of its preferred stock each year?
A. Participation provision
B. Cumulative dividends
C. Sinking fund
D. Preemptive right
E. Call provision
Answer: C
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Eye-Eye eyeglass shop gives away one pair of glasses for every pair it sells. The problem is that the shop is not making a profit. Eye-Eye has pursued what level of corporate social responsibility over what other level of corporate social responsibility?
A. discretionary responsibility over economic responsibility B. ethical responsibility over legal responsibility C. discretionary responsibility over legal responsibility D. economic responsibility over discretionary responsibility
It is possible that an investor with less than a 50 percent ownership interest may qualify for accounting recognition of control and appropriately prepare consolidated financial statements
Indicate whether the statement is true or false
Which of the following is not a stage of a project’s life cycle?
a. conceptualization b. planning c. execution d. cancellation
Active-voice verbs? ______
A) ?should be avoided in business writing B) ?direct the action of the verb toward the subject C) require at least one helping verb D) ?direct the action of the subject toward the object of a verb