A type of long-term financing used by both corporations and government entities is ________
A) common stocks
B) bonds
C) preferred stocks
D) retained earnings
B
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For each of the following, identify whether it would be disclosed as an operating (O), financing (F), or investing (I)activity on the statement of cash flows under the indirect method
a. ____purchased treasury stock b. ____sold equipment at book value c. ____net income d. ____sold long-term investments e. ____issued common stock f. ____depreciation expense
Which of the following statements is true?
A) Order point = DDLT + SS B) Average inventory = Q รท 2 + SS C) Safety stock is always needed. D) A and B are true. E) D and C are true.
All of the following statements about ordinary life insurance are true EXCEPT
A) Premiums are level throughout the policy period. B) The face amount of the policy is paid if the insured lives to age 65. C) There is a build-up of cash value that can be borrowed by the policyholder. D) It offers the policyholder the flexibility to meet a wide variety of financial objectives.
A call feature is a feature that allows preferred stockholders to change each share into a stated number of shares of common stock
Indicate whether the statement is true or false