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AlexFokin [52]
3 years ago
7

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

his right helps protect current stockholders against both dilution of control and dilution of value.a.Trueb.False
Business
1 answer:
Nady [450]3 years ago
3 0

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.

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Fred must have licensure in order to work as a Barber in New York State. When Fred proves that he has the training and skills ne
IgorC [24]

Answer: the body governing control on business

Explanation:

The body responsible for issuing of tax in most countries and cities differs, in most cities an organization could be set up to monitor different business or a specific business or the state government of that city may stand up for such responsibility. It all depends on the state.

4 0
4 years ago
$1,000 par value zero-coupon bonds (ignore liquidity premiums)
zavuch27 [327]

Answer:

the expected yield to maturity for bond C in 1 year :

1.0799³ = 1.06 x (1 + r)²

1.188 = (1 + r)²

√1.188 = √(1 + r)²

1.08999 = 1 + r

r = 0.08999 = 9%

the yield to maturity of zero-coupon bonds = (future value / present value)¹/ⁿ - 1

0.09 + 1 = ($1,000 / value in 1 year)¹/²

1.09 = ($1,000 / value in 1 year)¹/²

1.09² = $1,000 / value in 1 year

value in 1 year = $1,000 / 1.09² = $1,000 / 1.1881 = $841.68 ≈ $842

5 0
3 years ago
Jake receives a promotion at his law firm after winning an important case. this is an example of a:
adell [148]
<span>Jake receiving a promotion at his law firm after winning an important case is an example of a positive social sanction. This is a sociological term used to explain the reaction to a person's behavior or actions.</span>
3 0
3 years ago
Why would a deferred annuity or annuities due be preferred as a retirement investment?
jonny [76]

I believe the answer is: The tax deferred nature.

Investment is considered to has tax deferred nature if the tax payment for the investment can be made years later after its due. This favoured as a retirement plan because it make the investors have more money to spend during the productive years prior to retirement.

4 0
4 years ago
Read 2 more answers
East Asian Imports, Inc. issued 15,000 shares of stock at a stated value of $8 per share. The total issue of stock sold for $15
Andre45 [30]

Answer:

Dr Cr

Cash (15,000 × $15) $225,000

Common Stock $120,000

(15000 shares × Stated value $8)

Paid-In Capital in Excess of Stated $105,000

Value - Common

($225,000 - $120,000)

8 0
3 years ago
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