Answer:
d. preemptive right
Explanation:
Preemptive rights refers to the clause that is included in a merger agreement or security that allows an investor to buy a proportionate number of shares to be issued in the future in order to protects him from losing his percentage ownership of a company.
The aim a preemptive right is to avoid a situation whereby the management of the company take over the control of the company by issuing and buying extra shares of the corporation to themselves. It basically aims to prevent the dilution of the value of stockholders.
Answer:
The annual cash flow will be $4,500.
Explanation:
Use following formula to calculate Annual Cash flow from Annuity.
Present value of annuity = annual cash flow ( 1 - ( 1 / ( 1 + rate of interest )^time period ) ) / rate of interest
PVA = C ( 1 - ( 1 / ( 1 + r )^t ) ) / r
$43,000 = C ( 1 - ( 1 / ( 1 + 0.0625)^15 ) ) / 0.0625
$43,000 = C x 9.5555
C = $43,000 / 9.5555
C = $4,500
So, the annual cash flow will be $4,500.
Answer:
The correct answer is 2,276 units.
Explanation:
According to the scenario, computation of the given data are as follows:
Sales = 2,069 units
Reserve percentage = 10%
So, we can calculate the units of production by using following formula:
Units of production = Sales × ( 1 + Reserve %)
By putting the value, we get
Units of production = 2,069 × ( 1 + 10%)
= 2,069 × 1.10
= 2,275.9 or 2,276 units
Answer:
B. the direct labor-hours that should have been used to complete the actual output for the period.
Explanation:
Standard hours is the amount of time or hours of labour time taken to complete the period's actual output. It is the time that should have been taken to complete the period's actual output.
It is usually calculated by multiplying standard hours allowed per unit by actual output for the period.
