Answer:
b. protects the current shareholders against a dilution of their ownership interests.
Explanation:
Shares are ownership interests that are owned by business owners and measures the degree to which an individual has a stake in a company.
Preemtive right occurs when a shareholder has a right to purchase a particular portion of newly issued shares.
For example if an individual has 40,000 shares and additional 250,000 shares are issued, he can have the right to purchase an additional 30,000 of the new shares.
The preemtive right prevents dilution of ownership interests by ensuring old stockholders have a stake in newly issued shares.
Answer:
That is why i did not play this game.
Explanation:
Lets i have initially $100 .
There are 2 white and 3 black balls.
I have to draw 3 balls
If i draw no white balls, i lose $10; if i draw one white ball, i lose nothing; and if i draw both white balls, you gain $10.
So the final fortune =x
x = 100 x 1/2 x 1/2 x 3/2 x 3/2
x= $56.25
That is why i did not play this game.
Answer:
15%
Explanation:
Average rate of return = average net income / amount invested
average net income = $15,570,000 / 20 = $778,500
Amount invested = $5,190,000
$778,500 $5,190,000 = 0.15 = 15%
Answer:
COGS= $130,000
Ending inventory= $110,000
Explanation:
Giving the following information:
Units sold= 500
Purchases:
Dec. 1= 300 units at $250
Dec. 8= 600 units at $275
<u>To calculate the cost of goods sold under the FIFO (first-in, first-out) method, we need to use the cost of the firsts units incorporated into inventory:</u>
COGS= 300*250 + 200*275
COGS= $130,000
<u>Now, the ending inventory:</u>
Ending inventory= 400*275= $110,000
Answer:
The opening balance is the amount of money that is available in the bank at the beginning of each financial period, such as the start of each month or each year. It is the amount brought forward and first figure entered in the account at the beginning of each period. When the amount is newly opened, the opening balance is the first amount entered in the account
Therefore, the opening balance is the difference between the closing balance and the deposit less the withdrawals within a period
Closing Balance = The Opening Balance + Total Income - Total Expense
Therefore;
<em>The Opening Balance = Closing Balance - Total Income + Total Expense</em>
Explanation:
