From a firm's perspective, preferred shares are at least as desirable as bonds because the firm is able to deduct preferred dividend payments for tax purposes like it can bond interest expenses

When determining if an item is a fixture the court would most likely give the MOST consideration to:

A. The cost of the item. B. The use of the item. C. The size and replacement cost of the item. D. The age of the item.

If line filling is overdone, it could result in ________ and customer confusion

A) sales paralysis B) manufacturing inefficiencies C) cannibalization D) disintermediation E) ineffective management