If a firm must issue subordinated debentures instead of equipment trust certificates, the marginal cost of capital may rise even though the optimal capital structure is maintained.
Answer the following statement true (T) or false (F)
True
You might also like to view...
________ is the extent to which less powerful members of organizations and institutions accept and expect that power is distributed unequally
A) Power distance B) Individualism C) Uncertainty avoidance D) Long-term orientation
Which of the following statements regarding vacation benefits is correct?
A) No entry is needed until the employee takes a paid vacation. B) The account, Vacation Expense is debited when the employee takes a paid vacation. C) Health and pension benefits are recorded in the same manner as vacation benefits. D) When an employee takes a paid vacation, the account, Vacation Benefits Payable is credited.
Interest earned on the cash balance in the bank is recorded by the bank as:
A. An increase in the depositor's bank account. B. A decrease in the depositor's bank account. C. A decrease in the bank's asset account. D. An increase in the bank's expense account. E. An increase in the bank's asset account.
Denny’s was named in multiple lawsuits for ______.
a. diversity issues b. sexist issues c. gender issues d. LGBTQ issues