Which of the following actions does NOT help managers defend against a hostile takeover?
A. Establishing a poison pill provision.
B. Granting lucrative golden parachutes to senior managers.
C. Establishing a super-majority provision in the company's bylaws to raise the percentage of the board of directors that must approve an acquisition from 50% to 75%.
D. Retiring long-term debt early to reduce total debt on the balance sheet which will increase the firm's financial position.
E. Finding a "white squire" that will buy enough of the target firm's shares to block the hostile takeover.
Answer: D
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Vent, Inc. reported net income of $770,000 for 2018. Vent sold 15,000 shares of treasury stock acquired in a previous year on July 1 and 15,000 new shares on November 1. At year-end, 180,000 shares were outstanding. Vent had 20,000 shares of $100 par value 7% preferred stock outstanding all year. Vent paid dividends to the preferred shareholders.The basic earnings per share for 2018 is (rounded)
A. $3.50 per share. B. $4.81 per share. C. $3.94 per share. D. $6.10 per share.
The most common statistical approaches for substantive testing are classical variables sampling and MUS
a. True b. False Indicate whether the statement is true or false
What type of research is unstructured and informal?
A) deductive B) exploratory C) causal D) exploitive E) custom, non-standard
Using the accounts receivable aging method, estimated uncollectible accounts are $50,000 . If the balance of the Allowance for Uncollectible Accounts is an $18,000 debit before adjustment, what is the balance after adjustment?
a. $68,000 b. $50,000 c. $18,000 d. $32,000