Generally the least expensive source of long-term capital is ________
A) retained earnings
B) preferred stock
C) long-term debt
D) common stock
C
You might also like to view...
Under which of the following conditions will the first-in, first-out method produce the same cost of goods manufactured as the weighted-average method?
A) There is no ending work in process inventory. B) There is no beginning work in process inventory. C) The beginning and ending work in process inventories are equal. D) The beginning and ending work in process inventories are both 50% complete.
What interesting observation does Wood (1994) make about the effects of trade with developing countries on equality?
a. That trade with developing countries ensures the growth in wealth of the industrialized country as it makes wage costs cheaper and labour more efficient b. That trade with developing countries actually creates inequality in the industrialized country by reducing demand for unskilled labour by more than 20% c. That there is no rhyme or reason as to the effects of globalization on wealth and equality in either the developed or developing countries d. That globalization always benefits the industrialized country and almost never the developing countries
How can proofreading be seen as an ethical responsibility of a communicator?
A wholesaler of coffee notifies a retailer that it cannot fulfill its contractual obligation to deliver 1,000 pounds of coffee at the agreed upon price of $2.00 per pound next month because of recent price increases in coffee. The retailer may treat the wholesaler as having breached the contract and sue for damages even though the wholesaler's performance is not due until next month
a. True b. False Indicate whether the statement is true or false