Bonds that can be redeemed at par at the option of their holders either at specific date after the date of issue and every 1 to 5 years thereafter or when and if the firm takes specified actions such as being acquired, acquiring another company, or
issuing a large amount of additional debt are called ________.
A) zero coupon bonds
B) junk bonds
C) floating-rate bonds
D) putable bonds
D
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An understatement of year 1's beginning inventory will
A) cause year 2's gross margin to be overstated. B) cause year 1's cost of goods sold to be understated. C) cause year 2's gross margin to be understated. D) have no effect on year 1's gross margin.
On December 31 . 2013 . Freulein Company had 8,000 shares of common stock issued and outstanding. On April 1 . 2014, an additional 1,500 shares of common stock were issued and on July 1 . 500 more shares were issued. On October 1 . 2014, Freulein issued 10, $1,000 maturity value, 8% convertible bonds. Each bond is convertible into 40 shares of common stock. No bonds were converted into common
stock in 2014 . Assuming there are no antidilutive securities, what is the number of shares Freulein should use to compute diluted earnings per share for the year ended December 31 . 2014? a. 9,325 b. 9,475 c. 9,525 d. 9,775
Empowering employees to make decisions implies giving up control.
Answer the following statement true (T) or false (F)
The utility function for a risk avoider typically shows a diminishing marginal return for money
a. True b. False Indicate whether the statement is true or false