Influence attempts have both ____ and ____ outcomes

Winger Corporation owned 300,000 shares of Fegan Corporation stock. On December 31, 2012, when Winger's account "Equity Investment (Fegan Corporation)" had a carrying value of $5 per share, Winger distributed these shares to its stockholders as a dividend. Winger originally paid $8 for each share. Fegan has 1,000,000 shares issued and outstanding, which are traded on a national stock exchange. The quoted market price for Fegan share was $7 on the declaration date and $9 on the distribution date. What would be the reduction in Winger's stockholders' equity as a result of the above transactions?

a. 1,200,000 b. 1,500,000 c. 2,400,000 d. 2,700,000

What is the beta of the following project? Comparative Returns on Past Projects Project’s Returns.

12% 15% 10% 8% 6.5% 7% 2% –1%