State legislation designed to thwart takeovers has been enacted in recent years, including _, which restrict the voting power of a controlling shareholder

a. business combination laws
b. voting share reprisal laws
c. takeover postponement laws
d. control share laws

D

Business

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The Apex Corp. has a target debt/equity ratio of 40/60. Its capital budget for next year is estimated to be $40 million. Estimated net income is $30 million. If Apex follows a residual dividend policy, its dividend is expected to be:

A. $6 million. B. $12 million. C. $18 million.

Business

A child was injured yesterday by a bus on the way home from school

A) properly constructed sentence B) run-on C) misplaced part D) lacks parallel parts E) dangler

Business