A company that has no long-term debt only current, Financial Management

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A company that has no long-term debt only current

1. The granting of stock options to employees as a form of compensation generally does not require the recognition of compensation expense by the company granting the stock options. True or False

2. A company that has no long-term debt (only current liabilities) will have a financial leverage ratio of 1.0. True or False

3. A deep discount bond that pays no interest payments is referred to as a(n) _____ bond.

A. municipal B. bearer C. zero coupon D. interest-free

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Financial Management: A company that has no long-term debt only current

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Financial Management: A company that has no long-term debt only current

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