Which of the following actions would be most likely to reduce potential conflicts between stockholders and bondholders? a. including restrictive covenants in the company's bond indenture (which is the contract between the company and its bondholders). b. the firm begins to use only long-term debt, e. g., debt that matures in 30 years or more, rather than debt that matures in less than one year. c. the passage of laws that make it harde

Use the information below to answer the following question. the boxwood company sells blankets for $60 each. the following was taken from the inventory records during may. the company had no beginning inventory on may 1. date blankets units cost may 3 purchase 5 $20 10 sale 3 17 purchase 10 $24 20 sale 6 23 sale 3 30 purchase 10 $30 assuming that the company uses the perpetual inventory system, determine the gross profit for the month of may using the lifo cost method.