Which of the following is NOT true regarding common stock?
A) Common stock, unlike bond principal, does not mature.
B) Dividends, unlike interest payments, are not tax deductible.
C) Dividend payments, like interest payments, are fixed.
D) Common stockholders are owners of the firm, whereas bondholders are creditors.
C
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A company had net sales of $813,100 and cost of goods sold of $574,920. Its net income was $31,070. The company's gross margin ratio equals:
A. 36.0% B. 41.4% C. 26.1% D. 25.5% E. 29.3%
I go to work, get the job done and go home. I am most likely in the ______.
A. in-group B. out-group C. mature partnership phase D. acquaintance phase
A channel captain can motivate channel members through financial incentives
Indicate whether the statement is true or false
Discuss any ethical issues raised by the following actions. Big Store's rate of return on assets (ROA) has fallen below analysts' expectations in recent years because the firm, a retailer, has added a significant number of new stores (increasing assets
in the denominator of ROA) prior to these stores generating earnings (ultimately increasing the numerator of ROA). Big Store decides to curtail the opening of new stores for two years in an effort to allow the earnings of new stores to catch up with the investments it made previously in store assets, thereby increasing its ROA. Management plans to restart the growth in stores after the two years.