Which of the following is not a similarity between convertible securities and warrants?
A) Both tend to reduce agency costs.
B) The purpose of both is the deferred issuance of common stock.
C) Both give the company full control over when the common stock is issued.
D) All of these are correct.
C
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Which of the following actions will decrease Retained Earnings?
A) repayment of bond principal B) stock split C) stock dividend declared D) purchase of treasury stock
In college, Beth studied labor relations and human resource management and became a strong proponent of empowering people in the workplace
So she was dismayed when her first boss after graduation gave her little responsibility and watched her every move. Which of the following statements is true? A) Beth supports Theory X; her boss supports Theory Y. B) Beth supports Theory Z; her boss supports Theory Y. C) Beth supports Theory X; her boss supports Theory Z. D) Beth supports Theory Y; her boss supports Theory X. E) Beth supports Theory Y; her boss supports Theory Z.