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yuradex [85]
3 years ago
13

A customer owns 107 shares of ABC common stock. ABC declares a rights offering, with the terms being that for every 10 rights te

ndered, a shareholder may purchase one additional share at $22 per share. Any fractional rights holding may be rounded up to buy an additional share. If this shareholder wishes to subscribe, which statement is TRUE?
A. The shareholder can buy a maximum of 10 shares by paying $220

B. The shareholder can buy a maximum of 11 shares by paying $242

C. The shareholder can buy a maximum of 107 shares by paying $2,354

D. The shareholder can buy a maximum of 110 shares by paying $2,420
Business
1 answer:
Digiron [165]3 years ago
4 0

Answer: B. The shareholder can buy a maximum of 11 shares by paying $242

Explanation:

The company declares that for every 10 shares owned, the shareholder is qualified to buy a additional share, and for shares not up to 10, they can also be rounded up to buy an additional share.

Since the shareholder already owns 107 shares and wishes to subscribe to the declaration, it means that he's qualified to buy

107÷10 = 10.7shares or 10, 7/10.

Since any fraction can be rounded up to buy an additional share, the shareholder can buy 11 shares

At $22 each

The shareholder will pay $22 × 11 shares

Which is $242.

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Get-away Inc. is a vacation planning company. It provides various holiday packages, such as camping outdoors, adventure sports,
galben [10]

Get-away represents lifestyle segmentation.

<h3>What is lifestyle segmentation?</h3>
  • Customer lifestyle segmentation is the technique of breaking each customer's information into small sub-groups.
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  • These groups are formed in order to make conclusions regarding customer preferences, likes, and dislikes.
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Therefore, Get-away represents lifestyle segmentation.

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8 0
2 years ago
What form of money has been used the longest and over the widest
lianna [129]

Answer:

the Cowry Shell

Explanation:

The Cowry Shell were being used in the world as early as 700 BC in China. It is considered durable. For many years, cowries shell were utilized as a means of exchanges over the areas such as India and Africa, southern Europe, and China.

However, alcohol and cattle have never served as a general means of exchange, only on a few occasions used as a trade by barter. While gold can be remade in a less original version using less expensive metals and painting.

Hence, in this case, the right answer is THE COWRY SHELL

4 0
4 years ago
Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as
mestny [16]

Parking spaces in multiunit buildings, water rights, and similar things of value that convey with property are classified as Appurtenances.

<h3>What Is Appurtenance?</h3>

In real estate, an appurtenance is something that is installed in or sits on a property. It is something that is considered a part of the property, is sold with the property, and it is passed on to the new owners.

When we talk about appurtenances we are often talking about things that run with the land. Appurtenance originates from the word 'appertain,' which means to relate to, be appropriate, or applicable.

Before defining appurtenance,

<h3>What is Real Property ?</h3>

In real estate, real property is defined as immovable or fixed property, any property attached to the land and even the land itself. This also includes permanent fixtures within the property, that are not personal property and easily moved.

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6 0
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What statement about minimum payments is incorrect
Oksana_A [137]

"If you send in the minimum payment, you will be charged a late fee."

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