You Own 25% of Unique Vactions,Inc

question 10

Multiple Choice

You own 25% of Unique Vactions,Inc.You have decided to retire and want to sell your shares in this closely held,all equity firm.The other shareholders have agreed to have the firm borrow $1.5 million to purchase your 1,000 shares of stock.What is the total value of this firm today if you ignore taxes?

• A)$4.8 million
• B)$5.1 million
• C)$5.4 million
• D)$5.7 million
• E)$6.0 million

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Definitions:

Implicit Leadership Theory

The concept that individuals hold a set of beliefs and assumptions about what qualities and behaviors constitute an effective leader.

Global Leadership Behaviors

Actions or conducts exhibited by leaders that are effective in navigating the complexities of global operations, including cultural sensitivities, international communication, and cross-border collaborations.

Limitations

The constraints or restrictions that limit capabilities, actions, or outcomes.

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often at the expense of understanding or respecting other cultures.