If a company is liquidated, common stockholders ______.
a. are entitled to nothing and lose their investment
b. receive their dividends first, before any of the company’s other obligations are met
c. are obligated to pay any debts remaining after the company’s assets have been sold
d. receive all remaining corporate assets after the company’s debts and preferred stockholders have been paid
d. receive all remaining corporate assets after the company’s debts and preferred stockholders have been paid
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The best example of fiscal policy is ___.
A. the Fed lowering interest rates B. the government raising taxes
A U.S. automobile dealer has ordered a fleet of Japanese cars worth 10 million yen. The terms of payment is C.O.D. (cash on delivery). At the time the order was placed, the exchange rate was 100 yen per U.S. dollar
When the fleet arrived the exchange rate had become 200 yen per U.S. dollar. A) This change in the foreign exchange rate will hurt the U.S. importer. B) This change in the foreign exchange rate will hurt the Japanese exporter. C) This change in the foreign exchange rate will benefit the U.S. importer. D) This change in the foreign exchange rate will benefit the Japanese exporter.