1) Detachable warrants are: choose one
Stock options that cannot be detached from a debt issue and cannot be traded separately.
Stock options that may be detached from a debt issue and traded separately.
Debt cupons that may be detached from common shares and can be traded separately.
None of the other alternatives are correct
Debt cupons that are independent from common shares and can be traded separately.'
2) Declared, accumulated, but unpaid, dividends to preferred shareholders (which must be paid before dividends can be declared on common shares) are:
Multiple Choice
None of the other alternatives are correct
Owners' equity
Assets
Expenses
Liabilities