From a corporation's point of view, a disadvantage of issuing preferred stock is ________
A) that it increases financial leverage
B) that it has to give fixed payments as well as voting rights to the holders
C) its excellent merger security
D) that the dividends are not tax-deductible
D
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The method of depreciation used for federal income tax purposes for plant assets acquired after 1986 is the ____________________
Fill in the blank(s) with correct word
The purpose of the adjusted trial balance is to make sure the accounting equation is still in balance
Indicate whether the statement is true or false
A ________ is the sales limit approached by company demand as company marketing effort increases relative to that of competitors
A) sales budget B) market demand C) company demand D) company sales potential E) market potential
By definition, a long-term plan generally takes longer than ______ to achieve.
a. 6 months b. 1 year c. 5 years d. 10 years