As interest rates increase, the firm may call its convertible bonds to avoid paying the higher interest rates.?
Answer the following statement true (T) or false (F)
False
You might also like to view...
Unfortunately, you cannot use packaging to enhance value when selling intangible products
Indicate whether the statement is true or false
Olivia Co owns 4,000 of the 10,000 outstanding shares of Hobbitt Corp common stock and exercises significant influence over the company. During 2011, Hobbitt earns $80,000 and pays cash dividends of $30,000 . For the year ended December 31, 2011 Olivia should report income related to the investment equal to
a. $0 b. $12,000 c. $32,000 d. $20,000
Which of the following is not a characteristic of multinational corporations?
A) The United States is usually their home nation. B) They derive capital resources worldwide. C) They operate facilities of production in more than one country. D) They move production, technology, and capital to those countries with the most hospitable environment.
In the context of financial budgets, the capital expenditure budget:
A. provides quarterly estimates of the number of units of each product a firm expects to sell. B. identifies a firm's planned investments in major fixed assets and long-term projects. C. identifies short-term fluctuations in cash flows that display cash deficits and surpluses. D. contains the budgets for direct labor, direct materials, and overhead costs.