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Wolken has never paid a dividend on its common stock, and it issued $ 2 , 4 0 0 , 0 0 0 of 1
Wolken has never paid a dividend on its common stock, and it issued $ of year noncallable, longterm debt in As of the end of none of the principal on this debt had been repaid. Assume that the company's sales in and were the same. Which of the following statements must be CORRECT? a Wolken issued new common stock in b Wolken issued longterm debt in c Wolken increased its shortterm bank debt in d Wolken had negative net income in e Wolken repurchased some common stock in
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