Which of the following scenarios carries the least risk of NOT being able to meet required payments (capital expenditure, dividend, interest and principal requirements) totaling $96 million?
A) Expected cash flow, $116 million, standard deviation $5 million
B) Expected cash flow, $107 million, standard deviation $5.5 million
C) Expected cash flow, $112 million, standard deviation $8 million
D) Expected cash flow, $134 million, standard deviation $38 million
Answer: A
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The market for new securities is known as:
A. the closed market. B. the primary market. C. the secondary market. D. the open market.
Which is a guideline for using photographs as a presentational aid?
a. Pass the photos around so everyone is able to see them. b. Use photographs to establish the mood of your presentation. c. Take advantage of the potential for shock value of photographs. d. Use photos that do not require explanation.
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 preceding information, what is Safety's contribution to consolidated net income for 20X6? A. $56,000 B. $48,000 C. $80,000 D. $72,000
You should explain the reasons for a negative message except in job refusals and ________
A) problems with customer orders B) credit denials C) refusals of routine workplace requests D) communication involving layoffs