Which Is Not a True Statement

question 6

Multiple Choice

Which is not a true statement?

• A) Carbon-12 would make an excellent isotope to determine absolute time of a rock because it has a known half-life
• B) Carbon-14 would make an excellent isotope to determine absolute time of a rock because it has a known half-life
• C) Uranium would make an excellent isotope to determine absolute time of a rock because it has a known half-life
• D) Rubidium-87 would make an excellent isotope to determine absolute time of a rock because it has a known half-life

Understand the accounting for and financial implications of stock issuance packages.

Understand the process and financial implications of stock conversions in corporate finance.

Recognize the accounting treatment for the conversion of preferred stock into common stock.

Identify how to calculate the shares issued during a stock conversion.