Answer:
b. protects the current shareholders against a dilution of their ownership interests.
Explanation:
Shares are ownership interests that are owned by business owners and measures the degree to which an individual has a stake in a company.
Preemtive right occurs when a shareholder has a right to purchase a particular portion of newly issued shares.
For example if an individual has 40,000 shares and additional 250,000 shares are issued, he can have the right to purchase an additional 30,000 of the new shares.
The preemtive right prevents dilution of ownership interests by ensuring old stockholders have a stake in newly issued shares.
In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.
Creative destruction is an economic concept most closely identified with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's work on Marx and popularized it as the theory of economic innovation economics. Sometimes called a Schumpeter storm.
According to Schumpeter, a 'creative destruction storm' is a process of industrial mutation that is constantly transforming the economic structure from within, constantly destroying the old and always creating the new. ”.In Marxist economic theory, the concept more generally refers to the interconnected processes of wealth accumulation and destruction in capitalism. We owe the first use of these terms to German sociologist Werner Sombart in his book War and Capitalism (1913).
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Answer:
The correct answer is advertising manipulates the tastes of people and can reduce or decrease the competition.
Explanation:
Advertising is the source through which the company or the firm promote the product or a service of their business, so that the customers could be make aware of the products and the services offered by the firms.
It manipulates the taste of the people by establishing a desire and impedes the competition through increasing the perception of the product differentiation.
Answer:
$563,700
Explanation:
Calculation of cash is as seen below.
Sales revenue. $560,000
Add: Decrease in accounts receivable ($22,500 - $18,800) $3,700
Cash received from customers. $563,700.
Note: other information given in the question are not relevant for the computation of cash received from customers for the year.
Therefore, cash received from customers for the year is $563,700
Answer:
See explanation below
Explanation:
The following will be selected in excel via the drop-down menus.
Dr; Account name = Bad debt expense/Dad debt written off $ 1200
Cr; Account name = Accounts Receivable $ 1200
The company uses the direct write-off method thus these will be the journal entries.
