Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Finra Exam Series-7 Topic 4 Question 85 Discussion

Actual exam question for Finra's Series-7 exam
Question #: 85
Topic #: 4
[All Series-7 Questions]

When a corporation issues a nonconvertible debenture, what is the effect upon its net worth?

Show Suggested Answer Hide Answer
Suggested Answer: C

it is unchanged. The debentures add to liabilities and to cash (an asset) received from the sale. There is no effect on net worth.


by Lazaro at Apr 19, 2024, 08:00 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Antione
4 days ago
Yes, that's right. It increases the net worth of the corporation.
upvoted 0 times
...
Genevive
5 days ago
So the correct answer would be A)
upvoted 0 times
...
Sherman
6 days ago
It increases.
upvoted 0 times
...
Richelle
7 days ago
When a corporation issues a nonconvertible debenture, what is the effect upon its net worth?
upvoted 0 times
...

Save Cancel