Evan owns 45% of Yolo Corporation and 40% of Xeqz Corporation. Farra owns 37% of Yolo Corporation and 48% of Xeqz Corporation. Gao owns 5% of Yolo Corporation but does not own any stock in Xeqz. Each corporation has only one class of stock. Yolo and Xeqz Corporations form a(an)
A. brother-sister controlled group.
B. combined controlled group.
C. parent-subsidiary controlled group.
D. unrelated group of corporations.
Answer: A
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A. Moral free space B. Transparency C. Public information D. Individual privacy
Discuss the responsibilities of a manager in regard to group status.
What will be an ideal response?
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Fill in the blank(s) with the appropriate word(s).
Diggin Tools plans to issue new preferred stock, which has a market value of $85 per share. Holders of the stock will receive an annual dividend equal to $9.35. The flotation costs associated with the new issue were 6 percent and Diggin's marginal tax rate is 30 percent. What Diggin's component cost of preferred stock, rps?
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