Dead Stock (Inventory)refers to Product for Which There Are No

question 18

True/False

Dead stock (inventory)refers to product for which there are no sales during a six-month period.

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Definitions:

Positive Earnings

When a company’s income, excluding losses and expenses, is more than zero indicating profitability.

Convertible Bonds

Convertible bonds are types of bonds that can be converted into a predetermined number of shares of the issuing company's stock at certain times during the bonds' life, usually at the discretion of the bondholder.

Warrants

Securities that provide the holder the right to purchase the company's stock at a specified price before the expiry date.