Answer: a. Western Power must comply with the Williams Act.
Explanation: The Williams Act was passed into law in 1968 and is a federal defining the rules of acquisitions and tender offers in response to hostile attempts at takeovers from corporate raiders who make cash tender offers for stocks they owned. These offers often destroy value since they force stockholders to tender stocks on a shortened timetable and as such, the Williams Act also includes time constraints specifying the number of days to make a decision and also the least amount of time such cash offers may be open. In accordance with the Act, Western Power must follow the tenets stipulated within the Act.
The state of Texas encourages the parties to resolve all conflicts and disputes through alternative dispute resolution procedures such as mediation.
Mediation is an act or process of mediating by helping to settle a dispute or create agreement when there is conflict between two or more people or groups. This conflict is usually settled when the parties meet with a mutually selected impartial and neutral person who assists them in the negotiation of their differences.
Texas in United States, encourages the parties who are yet to resolve all conflicts and disputes between them, by mediation. As mediation will help them in settling down their differences.
Hence, mediation is quite necessary in order to resolve all conflicts and disputes.
To learn more about mediation here:
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Answer:
$4.67 per share
Explanation:
The computation of the diluted earning per share is shown below:
= (Total income - preference dividends) ÷ ( outstanding shares + diluted shares)
where,
Total income is $50,000
Outstanding shares is 10,000
And, the diluted shares is
Amount paid towards shares = Options issued × Exercise price per share
= 1,000 × 6
= $6,000
And,
Value of options = Amount paid towards shares ÷ Current market price
= $6,000 ÷ $20
= 300
So,
Diluted shares is
= Options issued - value of options
= 1,000 - 300
= 700
So Diluted Earnings per share is
= ($50,000) ÷ (10,000 + 700)
= $4.67 per share
We simply applied the above formula
Answer:
The correct option is;
The company's Financial Books
Explanation:
In order to effectively and clearly let interested parties access pertinent information about a company, financial books are kept which show the companies economic performance and its position related to financing. Information about a company can be located in financial statements including shareholders equity, cash flow statements, income statements and balance sheets.
Answer:
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Explanation:
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