Although preferred stock provides added financial leverage in much the same way as bonds, it differs from bonds in that the issuer can pass a dividend payment without suffering the consequences that result when an interest payment is missed on a bond
Indicate whether the statement is true or false
TRUE
You might also like to view...
In the Maslow hierarchy of needs, those needs that are concerned with love and friendship are referred to as ________ needs.
A. self-actualization B. personal C. social D. physiological E. safety
From the information given below, prepare a November income statement, a November statement of retained earnings, and a November 30 balance sheet. On November 1 of the current year, Victoria Garza, the sole stockholder, began Garza Décor with an initial investment of $50,000 cash. On November 30, her records showed the following (alphabetically arranged) items and amounts.Accounts payable…………….$12,000Notes payable………………4,250Accounts receivable………. 19,000Office furnishings………..$40,000Cash………………………21,200Rent expense……………9,600Dividends………………. 6,000Salaries expense……….4,200Fees earned……………….34,000Telephone expense…….250
What will be an ideal response?
IBD Corporation has Current Assets of $200,000, Long Term Assets of $300,000, Current Liabilities of $100,000, Long Term Liabilities of $200,000, Paid in Capital of $150,000, and Retained Earnings of $50,000. Calculate IBD's debt to assets ratio?
A) .40 B) .60 C) .20 D) .90
Public cloud promotes massive, global, industry wide applications offered to the general public. In a public cloud, customers are never required to provision, manage, upgrade, or replace hardware or software.
Answer the following statement true (T) or false (F)