Using Present-Time Viewpoint Requires That All

question 55

Multiple Choice

Using present-time viewpoint requires that all

• A) verbs used be in the present tense and the active voice.
• B) verbs used be in the past tense.
• C) verbs used be in the past continuous tense.
• D) current information be presented in the passive voice and the present progressive tense.
• E) information other than the current information be presented in its proper place in the past or future.

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Definitions:

Outstanding Shares

The total number of shares of stock that are currently owned by all shareholders of a company, including shares held by institutional investors and restricted shares.

Cost of Debt

The effective rate that a company pays on its current debt, including loans and bonds.

Repurchasing Stock

When a company buys back its own shares from the marketplace, reducing the amount of outstanding stock.

All Equity Firm

A company that finances all of its operations, investments, and assets through stock equity rather than taking on any debt.