Cherry Corporation sold $200,000 of 12% bonds at par. Each $1,000 bond carried ten warrants, each of which allows the holder to acquire one share of $10 par common stock for $30 per share. After issuance, the bonds were quoted at 99 ex rights, and the warrants were quoted at $4 each. Cherry Corporation should have assigned to the rights a value of
A) $8,000.
B) $7,767.
C) $7,500.
D) $5,882.
B
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In considering whether to select more than one customer segment as a target market, a company would be LEAST likely to consider which of the following?
A) its ability to meet the requirements of the customers B) whether each segment has critical mass C) the overall cost of meeting customer requirements D) whether the segments share core similarities of attitude, behavior, and economics E) the potential profitability of serving different customer groups
How can an organization direct a Twitter tweet to a select group of follows?
A) By adding a hashtag B) By adding an "@" symbol C) By setting up separate Twitter accounts for each user group D) By embedding links into the Twitter feed E) By asking select followers to retweet messages
Which of the following acts was involved in allowing decision-making processes of administrative agencies to be open to the public?
A) Federal Register Act of 1933 B) Government in Sunshine Act of 1976 C) Federal Tort Claims Act of 1946 D) Congressional Review Act of 1996
According to the resource-based view of organizations, people are inimitable because they
A. are necessary for the production of goods and/or services. B. do their work with more precision than a machine could achieve. C. create lasting changes in the organization that can be replicated if necessary. D. are necessary for building co-workers' morale. E. make many small decisions that cannot be replicated by other organizations.