Which of the following is a restrictive covenant? A) to ...

[Medesa]

Which of the following is a restrictive covenant?
 
  A) to maintain satisfactory accounting records
  B) to pay the taxes due
  C) to supply audited financial statements
  D) to impose fixed asset restrictions

Question 2

Generally, the order of cost, from the least expensive to the most expensive, for long-term capital of a corporation is ________.
 
  A) new common stock, retained earnings, preferred stock, long-term debt
  B) common stock, preferred stock, long-term debt, short-term debt
  C) preferred stock, new common stocks, common stock, retained earnings
  D) long-term debt, preferred stock, retained earnings, new common stock

[ASDFGJLO]

Answer to Question 1

D

Answer to Question 2

D

[Medesa]

Gracias!

[raenoj]

Excellent