Which of the following represents the minimum legal financial obligation of a common stockholder if a firm is liquidated and additional funds are needed to repay its debt?
A. The redemption value of the common stock
B. The par value of the common stock
C. The earnings per share of the common stock
D. The interest obligation per share of the common stock
E. The market value per share of the common stock
Answer: B
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Virtue-based theories ______.
A. focus on the actions of the leader B. are about the leader's character C. are duty driven D. focus on consequences of the leader's actions
Bilbo signs a lease agreement for an apartment with Cato, who owns and manages the Deer Creek Apartments complex. These parties have
a. an express contract. b. an implied contract. c. a unilateral contract. d. no contract.
The Clayton Act was enacted A)because the courts were too strict in their enforcement of the Sherman Act
B)to clarify the provisions of the Sherman Act. C)to eliminate price discrimination that reduced competition. D)to allow the FTC to enforce antitrust laws.
Let the random variable Z follow a standard normal distribution, and let z1be a possible value of Z that is representing the 75th percentile of the standard normal distribution. Find the value of z1
A) 0.67 B) -0.67 C) 1.28 D) -1.28