What configuration of corporate ownership is described as a father-son-grandson relationship?
What will be an ideal response?
A father-son-grandson relationship exists when one company owns a controlling interest in another which, in turn, owns a controlling interest in a third company.
You might also like to view...
Answer the following statements true (T) or false (F)
1. Emotional labor is directed at other members of the organization. 2. We must influence others in our groups and organizations in order to fulfill our roles within those groups and organizations. 3. When influence is reciprocal between leaders and followers there tends to be better outcomes. 4. Researchers have found that people who feel empowered perform better. 5. Information may be the most important resource for empowerment.
What remedies can the EEOC require from organizations when they are found guilty of harassment of religion?
a. Monetary payment to the aggrieved b. Jail time for the offending supervisors c. The EEOC does not have the authority to levy remedies d. Requirement to publicize the offense in the local news outlets
When identifying the optimal maintenance policy, the cost of inventory maintained to compensate for the downtime is a cost often ignored
Indicate whether the statement is true or false
On June 30, 2017, Rangers, Inc showed the following data on the equity section of their balance sheet
Stockholders' Equity Common Stock, $1 par; 197,000 shares authorized,146,000 shares issued and outstanding $146,000 Paid-In Capital in Excess of Par-Common $263,000 Retained Earnings 958,000 Total Stockholder's Equity $1,367,000 On July 1, 2017, the company declared and distributed a 10% stock dividend. The market value of the stock at that time was $15 per share. Following this transaction, what is the number of shares issued? A) 86,500 B) 297,300 C) 160,600 D) 146,000