ACC 206 (ACC 206)

Some preferred stock may be converted to common stock at the discretion of the stock purchaser. (Points : 1) True False Long term notes payable would appear in the same section of the balance sheet and statement of cash flows as bonds payable. (Points : 1) True False A bond indenture has specific assets that are pledged as collateral to insure payment. (Points : 1) True False A bond purchaser would never pay more than face value for a bond. (Points : 1)

ACC 206 RUNNING HEAD: COMPANY ANALYSIS Week 5 Final Paper