A limited liability company is a citizen of every state, regardless of the citizenship of its members.?
Indicate whether the statement is true or false
False
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Hyman and Sheatsley identified several factors that contribute to public information campaign failure. Which one of the following is NOT a reason why campaigns fail?
A. Motivation is essential to learning and assimilating knowledge. B. Audiences often include hard–core, chronic "know–nothings." C. People seek information that is compatible with their own views. D. Selective perception and interpretation affect how people are affected. E. People are generally already interested in public issues.
Patrick Company expects to generate free-cash of $120,000 per year forever
If the firm's required return is 12 percent, the market value of debt is $300,000, the market value of preferred stock is $70,000, and the company has 100,000 shares of stock outstanding. What is the value of Patrick's stock? A) $6.30 B) $10.00 C) $7.00 D) $9.70
When the effective-interest method of bond discount amortization is used.
Which of the following statements is FALSE?
A) Researchers have hypothesized that boards with a majority of outside directors are better monitors of managerial effort and actions. B) Studies have found that firms with independent boards make fewer value-creating acquisitions but are more likely to act in shareholders' interests if targeted in an acquisition. C) One early study showed that a board was more likely to fire the firm's CEO for poor performance if the board had a majority of outside directors. D) Although the firm's stock price increases on the announcement of its addition of an independent board member, the increased firm value appears to come from the potential for the board to make better decisions on acquisitions and CEO turnover rather than from improvements in the firm's operating performance.