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
Kazeer [188]
3 years ago
14

You currently own 6 percent of the 2 million outstanding shares of Webster Mills. The company has just announced a rights offeri

ng with a subscription price of $50. One right will be issued for each share of outstanding stock. This offering will provide $18 million of new financing for the firm, ignoring all issue costs. Assume that all rights are exercised. What will be your new ownership position if you opted to sell your rights rather than exercise them personally?
A. 5.08
B. 4.58
C. 4.83
D. 5.33
Business
1 answer:
natta225 [31]3 years ago
8 0

Answer:

The new ownership position is A. 5.08

Explanation:

Current holding= 6%

current no. of shares= 2*6%=.12

new no. of shares issued =18/50=.36

total no. of shares become =2+.36=2.36 million

my holding in no. =.12 million

my holdinng in %=.12/2.36=.0508

or, 5.08%

You might be interested in
Janice’s firm is entering a new market and she plans to set prices to take sales away from the established market leader even th
miv72 [106K]

Answer:

The correct answer is Sales-orientation.

Explanation:

The orientation towards sales is seen in sectors where competition is high, usually when supply is slightly higher than demand. In these cases, if consumers are not pushed, they will not buy the company's products.

Companies are going to focus on manufacturing more products than demand is able to absorb. In order to sell them all, aggressive sales and communication policies will be used.

6 0
3 years ago
Killian has designed a new board game for kids. His company is now figuring out who the target market is going to be and where t
VashaNatasha [74]

The correct answer is product development.

In the product development stage the company will work on things like the positioning and marketing of the new board game. Their goal is to create a need for the game and make people want to buy it.

7 0
3 years ago
Which type of join is most commonly performed using standard queries in Access?
OleMash [197]

Answer:

below

Explanation:

Access creates inner joins automatically. Inner joins are the most common type of join. They tell a query that rows from one of the joined tables correspond to rows in the other table, on the basis of the data in the joined fields

3 0
3 years ago
Read 2 more answers
The video describes an instance in which Dominic discovered that a heart surgeon had just taken a new job at a large hospital wh
Maru [420]

Answer:

Prospecting

Explanation:

Prospecting is the initial phase in the business procedure, which comprises of distinguishing potential clients, otherwise known as possibilities. The objective of prospecting is to build up a database of likely clients and  deliberately speak with them with expectations of changing over them from potential client to current client. Prospecting, done right, not just makes a pipeline of potential clients, it positions you as a confided in guide.

8 0
3 years ago
The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
Drupady [299]
True. Do not forget that the equilibrium quantity is found when the quantity demanded is equal to the quantity supplied, which must be where the two curves intersect.
4 0
3 years ago
Other questions:
  • When carter first moved into his neighborhood, he noticed hundreds of frogs on the roads after a rain storm. lately, carter has
    12·2 answers
  • On July 1 of the current year, the assets and liabilities of Wong Industries, are as follows: Cash, $15,000; Accounts Receivable
    9·1 answer
  • For 2019, a taxpayer and spouse have $1,600 of nonbusiness capital gains, $1,000 of nonbusiness capital losses, $13,000 of inter
    14·1 answer
  • Crawford Corporation incurred the following transactions:1. Purchased raw materials on account $47,000.2. Raw Materials of $44,2
    12·1 answer
  • ​Martinville, Inc. earned revenues of $10,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $
    11·1 answer
  • cattle farmer expects to harvest 100K live cattle, there is a futures contract for delivery of 40k cattle. Explain how farmer ca
    8·1 answer
  • Which of the following is correct? Both purely competitive and monopolistic firms are "price takers." Both purely competitive an
    13·1 answer
  • Phi Upsilon Nu, a student social organization, has two different locations under consideration for constructing a new chapter ho
    14·1 answer
  • Effects of business controls on the current and future operations of an enterprise
    7·1 answer
  • The penalty for nonqualified distributions from a health savings account (HSA) is __________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!