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.
It is a true statement that a deforestation can significantly reduce the amount of water vapor in the atmosphere
<h3>What is a Deforestation?</h3>
It refers to the purposeful clearing of forested land. The forests can be razed to make space for agriculture and animal grazing and to obtain wood for fuel, manufacturing, and construction.
Hence, the deforestation reduces the amount of transpiration and can significantly reduce the amount of water vapor in the atmosphere because each time chemical energy is passed from one trophic level to another, most of the energy is lost as heat.
Read more about deforestation
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Answer:
The shares of common stock are outstanding are 24,920 shares
.
Explanation:
Outstanding shares
= Shares issued - Shares held as Treasury Stock shares
= $250000/$10 par - $1200/$15
= 25000 shares - 80 shares
= 24,920 shares
Therefore, The shares of common stock are outstanding are 24,920 shares
.
Answer:
Balance sheet
Explanation:
Balance sheet is referred to as the statement of assets and liabilities. Property plant and equipment are shown in balance sheet with a schedule of addition, deletion and depreciation is attached to it. Hence, the financial statement that would best display a company's plant, property and equipment used everyday is the Balance sheet.
