According to a Study Examining Restructuring's Effects on Profitability and Stock

question 14

Multiple Choice

According to a study examining restructuring's effects on profitability and stock returns of 500 representative companies listed on the NYSE,in terms of profitability,which of the following categories of companies generated lower returns on assets in the year prior to the announcement of layoffs,the year when layoffs occurred,and in the two subsequent years on a relative basis?

• A) Asset upsizers
• B) Stable employers
• C) Downsizers
• D) Upsizers

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Definitions:

Ethmoid

The ethmoid bone is a spongy, cuboid-shaped bone situated between the eyes and forming part of the cranial base and the nasal cavity walls.

Lacrimal

Related to tears or the glands that produce tears.

Superior Articular Facet

The upper part of a vertebra that connects with an adjacent vertebra, contributing to the spine's flexibility and movement.

Posterior Sacral Foramina

Posterior sacral foramina are openings on the dorsal side of the sacrum that allow for the passage of nerves and blood vessels to the pelvic organs and lower limbs.