Author Question: If a firm has class A and class B common stock outstanding, it means that ________. A) each class ... (Read 318 times)

a0266361136 · **on:** Jul 10, 2018

If a firm has class A and class B common stock outstanding, it means that ________.

A) each class receives a different dividend
B) the par value of each class is different
C) the dividend paid to one of the classes is tax deductible by the corporation
D) one of the classes is probably nonvoting stock

Question 2

Which of the following is a cash flow from financing activities?

A) purchase of a long-term asset
B) decrease in accounts payable
C) increase in accounts payable
D) repurchasing stock