Unit 7 Flashcards
1
Q
A
2
Q
When a corporation is able to purchase some of its outstanding 20-year bonds at a discount, working capital is ___, and net worth is ___.
A
Reduced, increased
Series 65 (FIN-451) > Unit 7 > Flashcards
When a corporation is able to purchase some of its outstanding 20-year bonds at a discount, working capital is ___, and net worth is ___.
Reduced, increased