Quiz Ch 14 – Recent Trends in U.S. Firms’ Financing
Fundamentals of Corporate Finance
Brealey, Myers, and Marcus
10th Edition
What accurately characterizes the actions of U.S. firms in recent years?
What accurately characterizes the actions of U.S. firms in recent years?
How is the amount exceeding par value recorded when new shares of stock are sold at a price higher than par value?
What is usually true for a going-concern firm regarding the relationship between book value and market value of equity?
What does a warrant provide its holder with the right to do before a designated date?
What characterizes the role of an independent outside director?
What does it signify when a corporation has more shares issued than outstanding?
What does the value of retained earnings on the corporate balance sheet indicate regarding the earnings?
What is the primary objective of a sinking fund?
Where does the primary source of capital for an established firm come from?
Where does any capital surplus displayed on a firm’s balance sheet originate from?