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Author Question: Cartman owns convertible securities in OctoCore Corp If the conversion ratio for the convertible ... (Read 236 times)

biggirl4568

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on: Jul 14, 2018
Cartman owns convertible securities in OctoCore Corp If the conversion ratio for the convertible securities is 37, it means that:
 A) Cartman can convert 37 percent of the convertible securities that he owns for shares of common stock.
  B) Cartman can convert 37 percent of the convertible securities that he owns for shares of preferred stock.
  C) Cartman can exchange each convertible security that he owns for 37 shares of common stock.
  D) Cartman can liquidate each convertible security that he owns for 37.

Question 2

Entrepreneurial spirit is the desire to create a new business.
 
 Indicate whether the statement is true or false


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Liamb2179

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Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

True


biggirl4568

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Reply #2 on: Jul 14, 2018
Thank you


Liamb2179

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Reply #3 on: Jul 14, 2018
No problemo


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