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6. c. Reasons for issuing Preferred Stock include a. To raise funds without giving up control b. To boost the return for common shareholders To
6. c. Reasons for issuing Preferred Stock include a. To raise funds without giving up control b. To boost the return for common shareholders To reduce stock dividends/splits d. All of the above e. None of the above f. Only a above g. Only b above h. Only a and b above 7. The Price-Earnings Ratio equals: a. Net Income/Share outstanding b. Net Income/Total assets C. Market value per share/Earnings per share d. Market value per share/Gross profit per share 8. Which date creates a legal liability to pay a corporate dividend: a. Incorporation date b. Declaration date Record date d. Payment date c. a. 9. The JE to issue $10,100,000 of secured bonds at 97.5 includes: Debit to Bonds Payable for $10,100,000 b. Debit to Cash for $10,100,000 Debit to Bonds Discount of $252,500 d. Credit to Bonds Premium of $252,500 Credit to Bonds Payable for $9,750,000 c. e
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