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Intermediate 2
Intermediate Accounting 2 Midterm Prep
| Question | Answer |
|---|---|
| liability | |
| current liability | |
| conditions that current maturities of long term debt be excluded from current liabilities | |
| conditions that short term obligations be excluded from current liabilities | |
| common types of bonds | |
| examples of debt covenants or restrictions | |
| why debt covenants or restrictions are included in debt agreements | |
| bond pricing | |
| off balance sheet financing | |
| examples of off balance sheet financing | |
| why do firms acquire treasury stock | |
| advantage of issuing stock | |
| advantage of issuing debt | |
| why some firms always pay dividends | |
| why some firms never pay dividends | |
| stock dividends & stock splits similarity | |
| stock dividends & stock splits difference | |
| features of preferred stock that distinguish it from common stock | |
| different types of preferred stock | |
| differentiate stock dividend and stock split | |
| characteristics of an employee stock plan as non-compensatory plan |