A Significant Advantage of Issuing Stock Instead of Debt Is

question 33

True/False

A significant advantage of issuing stock instead of debt is that payment of dividends is discretionary.

---

Definitions:

Critical-Thinking Skills

The ability to actively and skillfully conceptualize, apply, analyze, synthesize, and evaluate information to reach an answer or conclusion.

Stroke

A medical condition that occurs when the blood supply to part of the brain is interrupted or reduced, causing brain cells to die.

Reception Area

A space in a building or an office designed to welcome, receive, and wait for visitors or clients.

Document

A document, whether it's in digital, print, or handwritten form, that serves as a source of information or proof.