Which of the statements below is FALSE? A.Shareholders elect the board of directors, which ultimately selects...
Which of the statements below is FALSE?
A.Shareholders elect the board of directors, which ultimately selects the management team that runs the dayminus−tominus−day operations of the company.
B. Common stock's ownership claim on the assets and cash flow of a company is often referred to as a residual claim.
C. The profits for common stock owners come before payment to employees, suppliers, government, and creditors.
D. Stock is a major financing source for public companies.
Homework Answers
The false statement is:-
C. The profits for common stock owners come before payment toemployees, suppliers, government, and creditors.
As the stockholders are last to get paid.
Add Answer to:
Which of the statements below is FALSE?
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A common problem facing any business entity is the debt versus
equity decision. When funds are required to obtain assets, should
debt or equity financing be used? This decision also is faced when
a company is initially formed. What will be the mix of debt versus
equity in the initial capital structure? The characteristics of
debt are very different from those of equity as are the financial
implications of using one method of financing as opposed to the
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Hardy Lumber has a capital structure that includes bonds, preferred stock, and common stock. Which one of the following rights is most apt to be granted to the preferred shareholders? Multiple Choice Right to share in company profits prior to other shareholders. Right to elect the corporate directors. Right to vote on proposed mergers. Right to all residual income after the common dividends have been paid, o oo right to all resicus income are the Right to a permanent seat...
only the final answers plz
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MULTIPLE CHOICES
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debt are very different from those of equity as are the financial
implications of using one method of financing as opposed to the
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