Most companies pay current liabilities: a. out of current assets. b. by issuing interest-bearing notes payable. c. by issuing stock. d. by creating long liabilities. From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that: a. bond interest is deductible for tax purposes. b. interest must be paid on a periodic basis regardless of earnings. c. the ownership of current shareholders is not diluted. d. None of the above. Which of the following statements is a disadvantage of the corporate form of organization? a. Unlimited life. b. Government regulations. c. Limited liability of stockholders. d. All of the above are disadvantages. Which of the following factors does not affect the initial market price of a stock? a. The company's anticipated future earnings. b. The par value of the stock. c. The current state of the economy. d. The expected future dividends per share