Bonds are a popular source of financing because
a. bond interest expense is deductible for tax purposes, while dividends paid on stock are not.
b. financial analysts tend to downgrade a company that has raised large amounts of cash by frequent issues of stock.
c. a company having cash flow problems can postpone payment of interest to bondholders.
d. the bondholders can always convert their bonds into stock if they choose.
a
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According to the ________ evidence rule, when parties have executed a written agreement which is complete on its face, oral agreements made before or at the same time as the written agreement that vary, alter, or contradict the written agreement are
invalid. A) parol B) statutory C) fraudulent D) promissory
The primary goal of an effective proposal is to sell an idea persuasively
Indicate whether this statement is true or false.
The capital expenditures budget represents the company's plan for purchasing the long-term assets
Indicate whether the statement is true or false
When Procter & Gamble acquired the Old Spice brand, it decided to reposition the brand by using a different advertising message to see whether its sales would increase. The new advertising message is the ________ in this marketing experiment.
A. dependent variable B. independent variable C. constraint D. error variable E. extraneous variable