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QUESTION 17 What provision entitles the common shareholder to maintain a proportionate share of ownership in a firm? The preemptive right The cumulative feature The

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QUESTION 17 What provision entitles the common shareholder to maintain a proportionate share of ownership in a firm? The preemptive right The cumulative feature The convertible feature The proporitionality clause proxy vote QUESTION 18 Which of the following would, generally, indicate an improvement in a company's financial position, holding other things constant? The total assets turnover decreases. The TIE declines. The DSO increases. The EBITDA coverage ratio increases. The current and quick ratios both decline. MILESTION 19

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