A TV ad promoting how an ordinary person's life has changed due to considerable weight loss is an example of the ________ style of advertising
A) scientific evidence
B) testimonial evidence
C) technical expertise
D) mood or image
E) fantasy
B
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Cyberco Corporation has 5 million shares of stock outstanding. Cyberco's after-tax profits are $15 million and
the corporation's stock is selling at a price-earnings multiple of 10, for a stock price of $30 per share. Cyberco management issues a 25% stock dividend. a. Calculate Cyberco's earnings per share before and after the stock dividend. b. Suppose an investor owns 100 shares of Cyberco before the stock dividend. Use the price earnings multiple to estimate the value of the investor's holdings both before and after the dividend. c. Comment on the results of the stock dividend for current shareholders.
The main outcome of the Gramm-Leach-Bliley Act of 1999 is to allow:
A) banks, insurers and security dealers to openly compete with one another B) banks, insurers and security dealers to form financial services holding companies C) insurers to choose between state or federal regulation D) banks to evade the provisions of the Glass-Steagall Act