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