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Please help with this accounting homework?

1. The basic limitations associated with ratio analysis include a. the lack of comparability among firms in a given industry. b. the use of estimated items in accounting. c. the use of historical costs in accounting. d. all of these. The major difference between convertible debt and stock warrants is that upon exercise of the warrants a. the stock is held by the company for a defined period of time before they are issued to the warrant holder. b. the holder has to pay a certain amount of cash to obtain the shares. c. the stock involved is restricted and can only be sold by the recipient after a set period of time. d. no paid-in capital in excess of par can be a part of the transaction. Please help by choicing the option. Thanks.

Public Comments

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