In an adjudicatory hearing a(n) ______ presides over the hearing
a. state supreme court justice
b. federal magistrate
c. administrative agency judge d. impartial third party
e. none of the other choices are correct
e
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Protective Corporation acquired 70 percent of the common shares and 60 percent of the preferred shares of Safety Corporation at underlying book value on January 1, 20X6. At that date, the fair value of the noncontrolling interest in Safety's common stock was equal to 30 percent of the book value of its common stock. Safety's balance sheet at the time of acquisition contained the following balances: Assets$700,000 Liabilities$110,000 Preferred Stock 100,000 Common Stock 200,000 Retained Earnings 290,000 Total Assets$700,000 Total Liabilities and Equities$700,000 The preferred shares are cumulative and have an 8 percent annual dividend rate and are three years in arrears on January 1, 20X6. All of the $10 par value preferred shares are callable
at $12 per share. During 20X6, Safety reported net income of $80,000 and paid no dividends.Based on the information provided, what is the book value of the common stock on January 1, 20X6? A. $390,000 B. $490,000 C. $446,000 D. $420,000
Rather than electing or appointing a group member to a leadership position, group members choose to eliminate from consideration those members who do not demonstrate leadership behaviors. This is referred to as the ______ approach to leadership.
a. emergent leader b. counteractive influence c. process of elimination d. evolving leader
Monitoring is accomplished through ongoing management activities, separate evaluations, or both.
Answer the following statement true (T) or false (F)
A 12-year bond has an annual coupon of 9%. The coupon rate will remain fixed until the bond matures. The bond has a yield to maturity of 7%. Which of the following statements is CORRECT?
A. If market interest rates decline, the price of the bond will also decline. B. The bond is currently selling at a price below its par value. C. If market interest rates remain unchanged, the bond's price one year from now will be lower than it is today. D. The bond should currently be selling at its par value. E. If market interest rates remain unchanged, the bond's price one year from now will be higher than it is today.