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Question 2 2 pts Which of the following obligations of a company, if not met, does not constitute a default? O a) fixed cost b)

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Question 2 2 pts Which of the following obligations of a company, if not met, does not constitute a default? O a) fixed cost b) variable cost O c) interest on debt d) dividends to owners Question 3 2 pts 3. Which of the following actions will increase a company's book value? Choose two O a) It issues shares to new owners b) It earns a profit and pays dividends in excess of profits c) It purchases shares from existing owners d) It sells additional shares to existing owners e) It borrows money and purchases equipment

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