Social Security and Medicare benefits to elderly and retired people.
Answer:
The correct answer is letter "A": poison pill.
Explanation:
A Poison Pill is a corporate maneuver established to try to avoid a hostile takeover. This strategy is used by the target corporation to make the stock less attractive to the acquirer. One strategy for a poison pill allows existing shareholders to buy more stock at a discount. This increases the number of shares that the acquirer will have to purchase.
Answer:
c. debit to Manufacturing Overhead of $87,000
Explanation:
Account Titles and Explanation Debit Credit
Manufacturing overhead $87,000
Accounts payable $87,000
(Being manufacturing overhead incurred)
Therefore, journal entry for actual manufacturing overhead costs would include a debit to manufacturing overhead of $87,000.
Manufacturing overhead is debited with $87,000 to record actual manufacturing overhead.
Answer:
d. preemptive right
Explanation:
Preemptive rights refers to the clause that is included in a merger agreement or security that allows an investor to buy a proportionate number of shares to be issued in the future in order to protects him from losing his percentage ownership of a company.
The aim a preemptive right is to avoid a situation whereby the management of the company take over the control of the company by issuing and buying extra shares of the corporation to themselves. It basically aims to prevent the dilution of the value of stockholders.
Database... it organizes info into records
