Which of the following is true of outstanding shares?
A) A firm cannot sell more shares than the outstanding shares mentioned in the charter.
B) Authorized shares become outstanding shares when they are issued or sold to investors.
C) Outstanding shares are indicated in a firm's corporate charter.
D) Outstanding shares are the shares repurchased by the firm.
B
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Regardless of which selection method a firm uses, it should always:
A) Be able to predict how much revenue will be returned to the firm each year. B) Know which project will ultimately succeed and which ones will fail. C) Be objective in their selection method. D) Use a weighted scoring technique.
The yield curve in an economic period where lower future inflation is expected would be ________
A) upward-sloping B) flat C) downward-sloping D) exponential