positive, the market value of its stock price is likely to have increased. A. book value of equity B. net operating working capital C. economic value added D. return on invested capital E.net operating profit after taxes 06. Non-operating items that are excluded when calculating net operating working capital are A notes payable and accounts payable B. inventories and accounts receivable C. cash and accruals D. cash and marketable securities E.marketable securities and notes payable Q7. Which of the following would be likely to increase Board of Directors' effective monitoring of managerial action? A. A majority of board members being insiders, appointed by the CEO B. Increased activism by institutional investors with large ownership positions C. The outsider board members having strong connections to the CEO through interlocking boards D. Board members being wholly compensated through salary E. A high percentage of firm stock being owned by a large number of small investors Q8. Assume that today is February 9, 2014 and that the closing price for Snyder's-LANCE Inc.'s common stock equals $25.28. if Mr. Singer exercises all of his options with an exercise price of $19.645 at this current stock price. what would the exercised value of the options be? Sader LANCE IN OPTION GRANTS Underlying Exercise Fair Market Price Per Values Options Date Granted Share Grant Date 300.000 $19.645 $19.65 2,905 293016 100.000 $19.70 $19.70 39:07 38 2017 MS AS 558,000 B.S 563,500 C. S 1,674,000 D. $ 1,690,500 E. S 1,708,500 positive, the market value of its stock price is likely to have increased. A. book value of equity B. net operating working capital C. economic value added D. return on invested capital E.net operating profit after taxes 06. Non-operating items that are excluded when calculating net operating working capital are A notes payable and accounts payable B. inventories and accounts receivable C. cash and accruals D. cash and marketable securities E.marketable securities and notes payable Q7. Which of the following would be likely to increase Board of Directors' effective monitoring of managerial action? A. A majority of board members being insiders, appointed by the CEO B. Increased activism by institutional investors with large ownership positions C. The outsider board members having strong connections to the CEO through interlocking boards D. Board members being wholly compensated through salary E. A high percentage of firm stock being owned by a large number of small investors Q8. Assume that today is February 9, 2014 and that the closing price for Snyder's-LANCE Inc.'s common stock equals $25.28. if Mr. Singer exercises all of his options with an exercise price of $19.645 at this current stock price. what would the exercised value of the options be? Sader LANCE IN OPTION GRANTS Underlying Exercise Fair Market Price Per Values Options Date Granted Share Grant Date 300.000 $19.645 $19.65 2,905 293016 100.000 $19.70 $19.70 39:07 38 2017 MS AS 558,000 B.S 563,500 C. S 1,674,000 D. $ 1,690,500 E. S 1,708,500