Most of the Change in IBM's Capital Structure During the 2001

question 19

Multiple Choice

Most of the change in IBM's capital structure during the 2001 to 2003 period was the result of

• A)short-term debt issuance.
• B)stock repurchases.
• C)changes in the market value of IBM's equity.
• D)long-term debt issuance.

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Definitions:

Off-Price Retail

Retail stores that sell branded goods at lower than the manufacturer's suggested retail prices, often through purchasing overstocked or out-of-season items.

Ross Stores

A popular American chain of off-price department stores specializing in offering discounted brand name apparel, footwear, and home accessories.

Pricing Practice

The methods and strategies employed by companies to set, adjust, and present the prices of their products or services to consumers.

Maintained Markup

Maintained Markup refers to the difference between the retail price of an item and its cost, excluding reductions for markdowns or promotional sales.