How many of the following transactions increase a company's liquidity?
• Provide services on account.
• Pay workers' salaries in the current period.
• Purchase office supplies with cash.
• Pay dividends to stockholders.
A) 0.
B) 1.
C) 2.
D) 3.
Answer: B
Which of the following is the primary source of corporate equity financing?
A) Bonds Payable.
B) Common Stock.
C) Leases.
D) Notes Payable.
Answer: B
Which of the following is not a primary source of corporate debt financing?
A) Bonds Payable.
B) Common Stock.
C) Leases.
D) Notes Payable.
Answer: B
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