Answer:
Cash flows from Financing Activities $4,000
Explanation:
Computation of cash flows from financing activities
Additional short-term borrowings $20,000
Less Cash dividend paid ($16,000)
Cash flows from Financing Activities $4,000
Therefore the Cash flows from Financing Activities will be $4,000.
Answer:
C. protects the current shareholders against a dilution of their ownership interests.
Explanation:
Preemptive rights are rights given to shareholders in an organization allowing them to buy additional shares in any future issue in order to maintain their percentage ownership, before the shares are available to the general public. It guards against dilution or decrease in a shareholders stake or ownership interest buy allowing them buy more shares for future issues before it is available for the general public to own shares. In doing so, shareholders avoid involuntary dilution.
That statement is true
A team or a group usually formed based on one similar goals or point of views among the members and a lot of them set up a couple of rules to be imposed among their members to prove that they're committed to the group and its cause.
Answer:
the breakeven quantity at current price is 500 units
Explanation:
The computation of the breakeven quantity at current price is shown below:
Breakeven point = Fixed cost ÷ (Price per unit - variable cost per unit)
= $100,000 ÷ ($600 - $400)
= 500 units
Hence, the breakeven quantity at current price is 500 units
We simply used the above formula so that the correct units could arrive
