Author Question: As the recession of 2007-2008 loomed over both large and small businesses, many firms looked for ... (Read 58 times)

stock · **on:** Jul 14, 2018

As the recession of 2007-2008 loomed over both large and small businesses, many firms looked for ways to deleverage. The term deleveraging implies that the firms:
A) avoided equity financing.
B) borrowed money at lower interest rates.
C) bought back their own stock to reduce the stock outstanding.
D) replaced much of the debt in their capital structure with equity.

Question 2

Most stockholders attend a corporation's annual meeting and vote in person.

Indicate whether the statement is true or false