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mr Goodwill [35]
2 years ago
5

If an offerer offers to buy back a securities issue that was inadvertently sold in the state, buyers of the issue have how many

days to accept the offer?
Business
1 answer:
Sonja [21]2 years ago
6 0

if an offerer offers in writing to buy back a securities issue that was inadvertently sold in the State at original cost plus interest paid at the legal rate in the State (6%), plus any attorney's or court costs (net of any dividends or interest received by the holder), buyers of the issue have 30 days to accept the

<h3>What is securities?</h3>

A security is a financial asset that may be traded. The phrase is often used to refer to any type of financial instrument, however its legal definition differs depending on jurisdiction.

Securities are financial instruments that are issued in order to raise capital. The primary function of the securities markets is to allow capital to move from those who have it to those who need it. The securities market facilitates the movement of resources from individuals with idle resources to those with a productive need for them.

An IPO or other type of securities offering signifies a single investment or fundraising round. An offering, unlike other rounds (such as seed or angel rounds), involves selling stocks, bonds, or other securities to investors in order to raise funds.

To know more about securities follow the link:

brainly.com/question/25787830

#SPJ4

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On June 1, Westbrook Productions had beginning balance of $41,000 in their Manufacturing Overhead account. During the month, the
Leni [432]

Answer:

$56,500

Explanation:

Manufacturing overhead refers to indirect factory-related costs incurred when a product is manufactured.

To calculate the balance in the Manufacturing Overhead account, we will add the beginning balance to the indirect materials to production and indirect factory labor cost.

June 2: Issued $500 of indirect materials to production.

June 13: Incurred $15,000 of indirect factory labor cost.

= $41,000 + $500 + $15,000

= $56,500

The balance in the Manufacturing Overhead account following these transactions will be $56,500.

3 0
3 years ago
What are possible red flags or signs of a scam when buying a car?
Ede4ka [16]

Answer:

D- both A and C

Explanation:

- Being told your financing fell through

It's usually used to trick you to pay with cash. The scammers will position themselves as a 'helper' that can get you the car despite the fail financing. If your dealer told you this,it could be a red flag there's a chance that he/she might ran away with the money without giving you the car.

- Lengthy negotiations

This is not  a red flags. Both the sellers and the customers will always try to get the best deal possible. So often times, the negotiations will become lengthy until they eventually found a middle ground.

-  charging excessive fees

In order to be aware of this, you need to conduct individual researches so you have general idea regarding the market value of the car along with average prices for additional services.

8 0
3 years ago
Fred is a 45-year-old man. He has an analog television without a satellite connection. His savings are low. Therefore, he does n
Levart [38]

<u>Answer:</u> Option C

<u>Explanation:</u>

The customers are categorized based on their time of adoption to a new product. Innovators are the first people to try the product they are few in the market. Early adopters based on the opinion of the people move to new products in the market. Early majority is a large group of people who move on with new products seeing that is the latest product and that the product which they use may become obsolete.

Laggards are the last group of people who adopt to new products. Laggards are traditional people who would like to go by old ways. Fred is a laggard who has low income and does not wished to switch to new digital technology.

7 0
3 years ago
The following data (in millions) are taken from the financial statements of Target Corporation: Recent Year Prior Year Revenue $
Sliva [168]

Answer:

1.88%  and $1,339

Explanation:

The computation of the amount of change revenue is shown below:-

Amount of change revenue = Recent year - prior year

= $72,618 - $71,279

= $1,339

Percentage of change revenue = (Recent year - prior year) ÷ Prior years

= ($72,618 - $71,279) ÷ $71,279

= $1,339 ÷ $71,279

= 1.88%

We simply applied the above formulas

8 0
3 years ago
For the current year ended October 31, Friedman Company expects fixed costs of $14,300,000, a unit variable cost of $250, and a
charle [14.2K]

Answer:

128,500 units

Explanation:

The computation of required to realize income from operations is shown below:-

Required sales in (units) = Target contribution margin ÷ contribution margin per unit

= (Fixed cost + target income from operations) ÷ (Selling price per unit - variable cost per unit)

= ($14,300,000 + 2,405,000) ÷ ($380 - $250)

= $16,705,000 ÷ $130

= 128,500 units

8 0
3 years ago
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