Author Question: It would be correct to define operating cash flow (OCF) as net operating profit after taxes plus ... (Read 116 times)

frankwu · **on:** Jul 10, 2018

It would be correct to define operating cash flow (OCF) as net operating profit after taxes plus depreciation.

Indicate whether the statement is true or false

Question 2

A violation of preferred stock restrictive covenants usually permits preferred shareholders to ________.

A) force the company into bankruptcy
B) suit against the shareholders
C) force the retirement of the preferred stock at or above its par value
D) force the company to repurchase the shares at a stated amount below par