1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
3 years ago
5

Mountain Products has decided to raise $6 million via a rights offering. The company will issue one right for each share of stoc

k outstanding. The subscription price is set at $20 per share. The current market price of the stock is $25.20 and there are 1,500,000 shares currently outstanding. What is the value of one right? (I keep trying and keep getting B, which I don't think is correct.)
A) $.97
B) $.87
C) $.76
D) $.52
E) $1.04
Business
1 answer:
storchak [24]3 years ago
4 0
I think the answer is E
You might be interested in
Which of the following is NOT an element of negligence? a. Intent b. Duty c. Breach d. Causation e. Damages
love history [14]

Answer: OPTION A

Explanation: For winning the suit of negligence- duty, breach, cause and damage are the four elements that the plaintiff needs to prove. Intent is not an element of negligence.

Intent, used as a short form for intention, can be defined as the commitment of an individual to do certain action in present or in future period.

7 0
3 years ago
Heedy Winery accumulates the costs incurred in the labeling process in an activity cost pool. Costs for the labeling process are
klasskru [66]

Answer:

$80,000

Explanation:

The computation of allocation labeling expenses is shown below:-

Overhead rate = Labeling process cost ÷ Labels generated

$320,000 ÷ $640,000

= $0.5 per label

Allocation labeling expenses = Wine estimated bottles × Overhead rate

= $160,000 × $0.5

= $80,000

Therefore for computing the allocation labeling expenses we simply applied the above formula.

6 0
3 years ago
Mike has a car accident and Maria saves his life. To show his appreciation, Mike gives Maria a life estate in one of the homes h
jok3333 [9.3K]

Answer:

Jackie owns the property until Maria dies

Explanation:

In this specific scenario, Jackie owns the property until Maria dies. That is because, in common law and statutory law, a life estate also known as life tenancy is defined as the ownership of land for the duration of a person's life. Therefore since Mike granted life estate to Maria and not Jackie, the land is legally Maria's to do as she wishes up until the moment of her death. Once this comes to pass the land ownership is returned to Mike.

8 0
3 years ago
Identify the recommended actions for success in informational interviews. Smile and stay positive. Sit still and be aware of you
Helen [10]

Answer:

Please correct me if wrong

<h2><u>Take notes that you can refer to later</u></h2><h2><u>Smile and stay positive</u></h2>

4 0
3 years ago
Manuel wants to sell his new product in foreign countries but with the least amount of risk to himself and his business. what ma
likoan [24]

In my view one of the safest ways to enter markets in foreign countries in strategic alliance with an existing business of that market.This existing business knows about the market Manuel wants to sell its' products in. Furthermore, this would allow Manuel to prepare a strategy accordingly.But, if he forms an alliance with a business that has a bad brand image,it can get tough for Manuel business to even start.Although, I strongly believe that this is one of the safest ways to enter a new market.But,before he takes this step,Manuel must prepare a business plan.


8 0
3 years ago
Other questions:
  • The town of Genter recently witnessed a devastating hurricane that crippled the town's infrastructure. Q-Mart, a retail chain th
    11·1 answer
  • Video Planet (“VP”) sells a big screen TV package consisting of a 60-inch plasma TV, a universal remote, and on-site installatio
    12·1 answer
  • Melanie Gollick, nursing floor manager for Scripps Memorial Hospital La Jolla, says, "It’s the personality and being able to mes
    14·1 answer
  • Help with Economics Unit 2 Portfolio?
    12·1 answer
  • Sarah's Smart Shop has an inventory turnover ratio of 3 times per year and an average inventory of $156,000. If Sarah could mana
    5·1 answer
  • Suppose that after hurricane​ Irene, the average income in Cape​ Charles, Virginia decreased by 16 percent. In response to this
    15·1 answer
  • Financial literacy is the set of skills and knowledge needed to make informed decisions about __________. A. career matters B. m
    6·1 answer
  • Explain which of the 5 Management Functions is your strength and weakness? Planning, Organizing, Staffing, Implementing, and Org
    5·1 answer
  • Which qualifications are most helpful for Foreign Service Careers? Check all that apply.
    10·2 answers
  • What do it feel like working at footlocker?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!