Answer:
Number of shares to be issued = 60,000 units
Explanation:
<em>A private placement involves the issue of new shares to a few number of individual and institutional investors. Unlike initial public offering, here the shares are not offered to the general public.</em>
The number of units to be issued is determined as follows
Units to be issued = Total capital to be raised / issue price per share
Number of units to be raised = $1215,000/$20.25 per share= 60,000 units
Number of shares to be issued = 60,000 units
That statement is True.
The amount of equities that you own in a corporation is depended on how much stock you own in that corporation. The more equity you own, the more influence you have in that corporation. If you have more than 50 % equity in a corporation, that corporation basically have to follow whatever decision you made.
Answer:
1. Franklin Inc. is not under any legal obligation to pay divided to common stock holders. A company can only pay dividend when it makes profit. A company may not pay dividend even when it makes profit because payment of dividend at the discretion of board of directors. Dividends on common stocks are not fixed.
Payment of dividend to preferred stock holders is fixed because preferred stocks are fixed income securities. Dividend in this case does not depend on the financial fortune of a company. In case of cummulative preferred stocks, arrears of dividend in a given year can be carried forward to another year.
Franklin Inc is under a legal obligation to pay interest to debenture holders because the company is under bond to pay principal and interest as and when due. Bonds are also fixed income securities in which interest is fixed regardless of whether the company makes profit or not.
2. Rob Lowe is advised to invest in bonds because he is guaranteed of his principal and interest as and when due since the interest on bond and principal do not depend on the financial fortune of the company.
Explanation:
In the first case, explanations were made on the obligation of the company to pay dividend or interest.
In the second case, explanations were provided on the appropriate investment to undertake.
The attached picture entails the Income tax that is filed for 4 different tax payer.
<h3>What is a spousal pay?</h3>
In U.S., this refers to periodic and predetermined sum awarded to a spouse or former spouse following a separation or divorce.
Actually, the spousal pay is not involved in the calculation of the Income Tax which is filled in the attached picture.
Read more about spousal pay
<em>brainly.com/question/24535935</em>
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Answer:
same here just awake hehe