Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere)
Answer:
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Explanation:
I think it's D but I can't say I'm 100% sure..
Answer:
Longard Corp.
The money that Longard Corp. receives is:
= $75 million.
Explanation:
a) Data and Calculations:
Number of shares issued = 5 million
Investment bank underwriter pays per share to Longard Corp = $15
Stock price to the public = $20 per share
Total amount received from the underwriter = $75 million ($15 * 5 million)
b) The calculations show that the investment bank will eventually receive $100 million ($20 * 5 million) from the public offer. It then charges $5 per share (representing a total underwriting fee of $25 million). This is why it remits only $75 million to Longard Corp.
Answer: Only one issue is discussed at a time
Members have equal and basic rights (vote, oppose and heard)
Minority rights are protected
Explanation:
The parliamentary meeting procedure is as follows;
- Only one issue is discussed at a time
- Members have equal and basic rights (vote, oppose and heard)
- Minority rights are protected
- The chairman authorizes anyone to speak
- The chairperson is impartial.
- Votes decides decisions
- Every member on the floor can contribute
The purpose;
They are rules to ensure businesses are operated in the right order