Answer: a. Hostile takeovers are most likely to occur when a firm's stock is selling below its intrinsic value as a result of poor management.
Explanation:
A widely held belief in business is that hostile takeovers mostly occur because managers are performing abysmally.
To this end, the takeover takes place to discipline the poorly performing managers and restore the company to a better position.
It is worthy of note though that recently this view had been challenged by multiple authors but for purposes of this question, A is the correct answer.
Answer:
Minstrel Show
Explanation:
The Minstrel Show was a 19th-century theater format in which white artists played black people. Interpretations were pejorative, where blacks were interpreted as ignorant, lazy, and comic people. It is noteworthy that these shows took place in the context of the American civil war, where there was still slave culture.
Answer:
Average annual rate of return = 4.3%
Explanation:
<em>The return on a stock is the sum of the capital gains(loss) plus the dividends earned.
</em>
<em>Capital gain is the difference between he value of the stocks when sold and the cost of the shares when purchased.
</em>
<em>Total shareholders Return = </em>
<em>(Capital gain/ loss + dividend )/purchase price × 100</em>
So we can apply this to the formula:
Total dividend earned= (1.37 × 100) + ($1.55 × 100) + ($1.66× 100)+ ($1.74 × 100) +($1.85 ×100) = 817
Capital gain= (84.76-76.63)*100 = 813
Total return (%) = (813+817)/(76.63*100) × 100= 21.3%
Average Annual return = Return over investment period /Number of years
= 21.3/5 = 4.3%
Average annual rate of return = 4.3%
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Answer:
True
Explanation:
Risk management culture is a generally acceptable set standards and attributes in the management and mitigation of risk. Supervisors have a core duty in ensuring availability of resources.