Use the Following Information to Answer the Question(s) Below

question 48

Multiple Choice

Use the following information to answer the question(s) below.
Galt Industries has 50 million shares outstanding and a market capitalization of $1.25 billion. It also has $750 million in debt outstanding. Galt Industries has decided to delever the firm by issuing new equity and completely repaying all the outstanding debt. Assume perfect capital markets.
-Suppose you are a shareholder in Galt industries holding 600 shares,and you disagree with this decision to delever the firm.You can undo the effect of this decision by:

• A) Borrow $6,000 and buy 240 shares of stock
• B) Sell 240 shares of stock and lend $6,000
• C) Borrow $9,000 and buy 360 shares of stock
• D) Sell 360 shares of stock and lend $9,000

Grasp the core objectives of the management process in achieving organizational efficiency and effectiveness.

Interpret the formation and purpose of an organization chart.

Comprehend the concepts of division of labor, horizontal specialization, and vertical hierarchy in organizational structures.

Recognize the role of boundary-spanning subsystems and their orientation in organizations.

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The strategy that defines how to differentiate a product or service from competitors’ offerings and develop a unique market space.

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involve the creation and dissemination of information by governmental bodies to the public, other government agencies, or international bodies, often regarding policies, initiatives, or public services.

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