Who has qualified for the world cup 2018?

The preemptive right gives current stockholders the right to purchase, on a pro rata basis, any new shares issued by the firm. T

Nady [450]

Answer:

True

Explanation:

Stockholders' preemptive rights are set by a contract clause that establishes that in case the corporation issues new stock, then a current shareholder must be given the right to buy additional shares before the stocks are sold to other investors.

The preemptive right usually gives the stockholder the right to buy new stock in the same proportion as his/her current stock ownership. For example, if an investor currently owns 2% of the company's stock, he/she will be able to buy 2% of every new set of stocks issued.

3 0

3 years ago

You are given the following total utilities of apples and mineral water obtained by

andrezito [222]

Answer:

2 apples and 6 bottles of water

Explanation:

since Bervin earns K22, her consumption possibilities frontier is:

apple water total utils obtained

4 units 1 unit 90 + 20 = 110 utils

3 units 3 units 75 + 54 = 129 utils

2 units 6 units 55 + 90 = 145 utils

1 unit 8 units 30 + 98* = 128 utils

0 units 11 units 0 + 98* = 98 utils

The optimal combination of apples and bottles of water is 2 apples and 6 bottles of water because that combination yields the most utils.

*Since the table only states the utils obtained until the 7th unit, we must assume that any additional unit consumed will provide 0 utils.

7 0

3 years ago

True or false: a database transaction is recorded only when a change is written to a database.

Alina [70]

That statement is false
Some of the database transaction could be recorded as soon as the transaction happen. Some companies may adopt different financial recording policy for their operation. It's not rare to see a company that will acknowledge transaction as soon as it happen so they could create a more accurate view about their company's financial position.

4 0

3 years ago

The following costs result from the production and sale of 5,000 drum sets manufactured by Tight Drums Company for the year ende

hammer [34]

Answer and Explanation:

The preparation of the contribution margin income statement for the company is presented below:

Tight Drums Company

Contribution margin income statement

For the year ended December 31, 2017

Sales (5,000 drums × $350) $1,750,000

Less: Variable cost

Plastic for casing -$185,000

Wages of assembly workers $510,000

Drum stands $230,000

Variable selling costs

Sales commissions $175,000

Total variable cost -$1,100,000

Contribution margin $650,000

Less: Fixed cost

Fixed manufacturing costs

Taxes on factory $5,000

Factory maintenance $10,000

Factory machinery depreciation $70,000

Fixed selling and administrative costs

Lease of equipment for sales staff $10,000

Accounting staff salaries $60,000

Administrative management salaries $140,000

Total fixed cost -$295,000

Net operating income $355,000

Less: income tax expense at 25% -$88,750

Net income $266,250

We simply deduct the variable cost and fixed cost from the sales revenue so that the net operating income could come and then deducted the income tax expense so that net income could arrive

4 0

2 years ago

Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.

aliina [53]

Answer:

An S corporation.

Explanation:

The S corporation was formed by Congress, for use by small business owners, offering the best characteristics of both a C corporation and a partnership.

It has become the most popular business entity type in recent years. Numerous studies indicate lower overall taxes are paid when an S corporation is utilized.

Common Characteristics of S and C Corps:

-Same liability protection

-Separate legal entities

-The owners are shareholders

-Long standing case law

-Easy transfer of ownership

-Broader range of deductible expenses

6 0

3 years ago