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4 years ago

True or false: In a stock redemption, the stock redeemed by the corporation must be immediately canceled.

Business

1 answer:

Rina8888 [55]4 years ago

5 0

Answer: False

Explanation:

A stock redemption refers to a scenario where a company calls back its shares from shareholders. Not all shares allow for this to happen as there would have to be a provision in the stock that allows it to happen.

When a company performs a redemption, they do not have to cancel the shares immediately. They can either choose to retire them or they can keep them in reserve as treasury stock.

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Provide responses to the following questions 1. What is the purpose of a staffing management plan? What does it address?

ryzh [129]

Answer:

Explained below:

Explanation:

A staffing management plan refers to the plan produced to help businesses primarily identify and later procure the workers at all levels and in all departments of the business organization. The purposes of a staffing management plan to :

Classify staffing needs.

Build timelines.

Establish funds considerations.

Devise and implement talent acquisition strategies.

Construct and execute an on boarding schedule.

Identify and design suitable training bodies and methods.

Follow the plan until it reaches effectiveness.

It addresses the requirements of the organization in many ways, depending upon its business model, its structure, and the system in which it finishes projects and reaches deadlines.

4 0

3 years ago

OMG Inc. has 4 million shares of common stock outstanding, 3 million shares of preferred stock outstanding, and 50 thousand bond

babymother [125]

Answer:

$w_{d}$ = 0.3274 or, 32.74%

Explanation:

We know,

Capital Structure = Debt + Common Stock + Preferred stock

Given,

Common Stock = 4,000,000 shares

Share price = $21

Total common stock = No. of shares x share price

Total common stock = 4,000,000 shares × $21 = $84,000,000

Preferred Stock = 3,000,000 shares

Share price = $10

Total preferred stock = $10 x 3,000,000 shares

Total preferred stock = $30,000,000

Debt rate = 111% = 1.11

Debt = 50,000 bonds x $1000 par x 1.11

Debt = $55,500,000

Total Capital = $(55,500,000 + 84,000,000 + 30,000,000)

Total capital structure = $169,500,000

The weight for debt in the computation of OMG's WACC

= $\frac{Debt}{Total Capital Structure}$

= $\frac{55,500,000}{169,500,000}$

= 0.3274

or, 32.74%

8 0

4 years ago

Sellers typically ask a higher price for an item than buyers are willing to pay. This is called a(n) Group of answer choices Com

ASHA 777 [7]

Answer:

Endowment effect

Explanation:

Endowment effect is the effect which is defined as the when the ownership rises or increases the value of the product or the item.

For example, when it is asked to set a price for an item to be exchanged, the sellers usually ask for a much higher price for the product, than the buyers are willing to pay. This effect is called as the endowment effect because the ownership increase the value linked with the product or item.

4 0

3 years ago

Under a job-order costing system, the dollar amount transferred from Work in Process to Finished Goods is the sum of the costs c

zheka24 [161]

Answer: completed in the period

Explanation:

Job order costing system refers to the system when small batches of the products are ordered by the customers. It is useful in knowing the cost that's used in the manufacturing of each product.

It's usually used when different products are being produced and the cost for each individual job need to be calculated. Under a job-order costing system, the dollar amount transferred from Work in Process to the finished goods will be the sum of the costs that's charged to all jobs that are completed in the period.

6 0

3 years ago

Javier is retiring from the JKL Partnership. In January of the current year, he has a $100,000 basis in his partnership intere

MaRussiya [10]

Answer:

The payments are all part of a LIQUIDATING DISTRIBUTION

Explanation:

The payments are all part of a LIQUIDATING DISTRIBUTION and not current distribution because a liquidation distribution can said to be a single distribution or one of a planned series of distributions that terminates a partner's entire interest in the partnership while Current distributions can be said to be all other distributions thay include those that reduce or decrease a partner's interest in the partnership.

Therefore in accordance with the liquidation, distribution laws Javier would have to recognize a gain or profit of $20,000 at the end of the year so to the fact that he only had $100,000 basis but is receiving $120,000 (12*10000).

Thus the partnership will not have to recognize a gain or a loss according to the information provided.

6 0

3 years ago

Read 2 more answers