The silverback gorilla is considered by its family group as the one in charge because of his formal place in the family hierarchy. The group looks to him for guidance on eating and sleeping locations, when it is time to move, and to settle family disputes. The silverback can be described as having ______.
A. legitimate power
B. referent power
C. reward power
D. personal power
A. legitimate power
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With respect to dividends and priority in liquidation, what has priority over common stock?
a. treasury stock b. debt capital c. preferred stock d. nonconvertible common equity
The Television Division of Electronics Corporation has the following segment information: Assets available for use $2,500,00 Target rate of return 12% Residual income $ 300,000 What was Television Division's return on investment?
a. 12% b. 10% c. 24% d. 20%
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Indicate whether the statement is true or false
Maywood, Inc. signs a $11,000, 8.5%, six-month note dated November 1, 2017. The interest expense recorded for this note in 2017 will be ________
A) $935 B) $156 C) $468 D) $312