Which of the following is not an advantage of issuing bonds instead of common stock?
A) Tax savings result
B) Income to common shareholders may increase.
C) Earnings per share on common stock may be lower.
D) Stockholder control is not affected.
C
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A company using the perpetual inventory system paid cash for freight costs to purchase merchandise. Which of the following reflects the effects of this event on the financial statements? Asset=Liab.+Stk.EquityRev.-Exp.=Net Inc.Stmt ofCash FlowsA.-=NA+-NA-NA=NA-OAB.+-=NA+NANA-NA=NA-OAC.+-=NA+NANA-NA=NA NAD.+-=NA+NANA-+=--OA
A. Option A B. Option B C. Option C D. Option D
A double-sampling plan has n1 = 50, n2 = 100, c1 = 2, and c2 = 4. Suppose on the first sample, five defectives were discovered. How many total items will be inspected before a decision is reached?
A) 50 B) 100 C) 150 D) This cannot be determined with the information provided.
A principal may be held liable to third parties for torts committed by an agent if the
a. agent is a gratuitous agent. b. third party notifies the principal. c. third party notifies the agent. d. agent acts within the scope of the agent's authority.
In the global environment of business, the law of a particular nation, such as Brazil, China, or India, is classified as
A. environmental law. B. global law. C. international law. D. national law.