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
ivanzaharov [21]
3 years ago
9

True or False: To segment the rights to which certain common shareholders are entitled, companies often separate common equity i

nto more than one class of shares called classified stock.
Business
2 answers:
Butoxors [25]3 years ago
7 0

Answer:

The correct answer is True.

Explanation:

Classified shares is a title issued by a company that represents the value of one of the equal fractions into which its share capital is divided. As an investment, it involves an investment in equities, since it does not have a fixed return established by contract, but depends on the good performance of the company.

jeyben [28]3 years ago
6 0

Answer: True

Explanation: Classified stock is a type of common stock of a publicly traded company (a type of security that represents ownership in a company) that has special privileges, such as enhanced voting rights or dividend rights. In other words, voting privileges (number of votes or lack of votes, as the case may be) are the main reason for the creation different stock classes (usually denoted by Class A stock and Class B stock), not excluding dividend rights and liquidation preference.

Therefore, to segment the rights to which certain common shareholders are entitled, common equity is separated into more than one class of shares called classified stock.

You might be interested in
The doritos' customer-created super bowl commercials are an example of _________.
Nikolay [14]
<span>Ans : The doritos' customer-created super bowl commercials are an examole of : Crowdsourcing Crowdsourcing is the process of getting work or funding, usually online, from a crowd of people. The word is a combination of the words 'crowd' and 'outsourcing'. The idea is to take work and outsource it to a crowd of workers. Crowdsourcing was coined in 2005 as a portmanteau of crowd and outsourcing.</span>
3 0
3 years ago
Rane Company had the following assets on January 1, 2017.
Viefleur [7K]

Answer:

Journal entries are prepared below

Explanation:

Journal entries required are given as follows

Jan. 1 (To record retirement of machinery)  

                                                                     Debit        Credit

Accumulated depreciation-equipment     $69,580

Equipment                                                                   $69,580

June. 30 (To record the depreciation expense on forklift)

                                                                     Debit        Credit

Depreciation expense                                2940

Accumulated depreciation-equipment                       2940

Working

Annual depreciation = $29,400 / 5 years = $5880

depreciation for 6 months = $5880 x 6/12 = $2940

June. 30 (To record sale of forklift)

                                                                        Debit        Credit

Cash                                                                 11760  

Accumulated depreciation-equipment(w)    20580  

Equipment                                                                      29400

Gain on disposal of plant assets                                     2940

Working

Accumulated depreciation = 5880 x 3.5 years

 

Dec. 31 (To record depreciation expense on truck)

                                                                     Debit        Credit

Depreciation expense                                 3724

Accumulated depreciation-equipment                       3724

Working

Annual depreciation on truck = ($32,736- $2,944) / 8 years = $3724

Depreciation for 2017 = $3724

 

Dec. 31 (To record discarding of the truck)  

                                                                     Debit        Credit

Salvaged materials                                    2,944

Accumulated depreciation-equipment    22344

Loss on disposal of plant assets               7448

Equipment                                                                    32,736

Working

Accumulated depreciation = 3724 x 6 years = 22,344

6 0
3 years ago
A monopolist faces a demand curve given by: P = 105 – 3Q, where P is the price of the good and Q is the quantity demanded. The m
geniusboy [140]

Answer: 15

Explanation:

For profit to be maximized by a monopolist, the marginal revenue and marginal cost must be gotten.

P= 105-3Q

MC= 15

Since total revenue is price × quantity, TR= P×Q = (105-3Q)Q

= 105Q-3Q^2

MR= 105-6Q

Since we've gotten marginal revenue and marginal cost, we equate both together.

MR=MC

105-6Q = 15

6Q = 105-15

6Q=90

Divide both side by 6

6Q/6 = 90/6

Q= 15

The quantity that will maximise profit is 15

6 0
3 years ago
On December 29, 2019, Patel Products, Inc., sells a delivery van that cost $20,000. After recording the entry to bring the accum
Nataliya [291]

Answer:

On disposal, the carrying amount of the asset is derecognized by  

Debit Other income/disposal account (p/l)   $20,000

Credit Asset account     $20,000

Being entries to derecognize the cost of the delivery van

Debit Accumulated depreciation account  $18,000

Credit Other income/disposal account (p/l)   $18,000

Being entries to derecognize the accumulated depreciation of the asset at the date of disposal,

Furthermore,

Debit Cash account    $2,000

Credit Other income/disposal account (p/l)   $2,000

Being entries to record cash collected on  disposal of the asset

Explanation:

When the amount received from the disposal of an asset is higher than the carrying value of the asset, the company makes a gain on disposal. The proceed from the disposal of an asset may be recorded in the disposal or other income account.

On disposal, the carrying amount of the asset is derecognized by  

Debit Other income/disposal account (p/l)

Credit Asset account  

with the cost of the asset, then,

Debit Accumulated depreciation account

Credit Other income/disposal account (p/l)

With the accumulated depreciation of the asset at the date of disposal,

Furthermore,

Debit Cash account

Credit Other income/disposal account (p/l)

with the amount received from the disposal or sale of the asset

4 0
3 years ago
Find m2V.<br><br><br> V<br><br><br> W<br><br><br> (2x + 29)<br><br><br> (10x – 27)°<br><br><br> Y
bogdanovich [222]

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

8 0
2 years ago
Other questions:
  • Jimenez transportation purchased five new transportation vehicles in 2016. they plan to pay these vehicles off in even installme
    13·1 answer
  • Myriad Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $320 million on January 1, 2018, for $283,294,7
    14·1 answer
  • For most young people, working full-time and going to school are substitutes: You tend to do one or the other. When it’s tough t
    7·1 answer
  • 7. You have saved $4,000 for a down payment on a new car. The largest monthly payment you can affort is $350. The loan will have
    6·1 answer
  • Differentiate among the following.
    14·1 answer
  • Schwert Corp. shows the following information on its 2019 income statement: sales = $235,000; costs = $147,000; other expenses =
    6·1 answer
  • Feature of deligation of authority​
    10·1 answer
  • How much does it cost to get your ears pierced at walmart?
    7·2 answers
  • What is the main challenge that red frog events faces as the organization grows?
    15·1 answer
  • How does the FDIC monitor banks?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!