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Helen [10]
3 years ago
12

ABC Corporation has declared a rights offering to stockholders of record on Friday, December 10th. Under the offer, shareholders

need 10 rights to subscribe to 1 new share at a price of $19. Fractional shares can be rounded up to purchase 1 full share. As of the ex date, the stock is trading at $29. The value of the right is:
Business
1 answer:
VashaNatasha [74]3 years ago
4 0

Answer:

The value of a right is $1

Explanation:

10 rights are needed to buy 1 share at the price of $19

Value of total rights = $29 - $19 =$10

Value of a right = \frac{10}{10} = $1

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Jamison's gross tax liability is $7,255. Jamison had $2,450 of available credits and he had $4,050 of taxes withheld by his empl
STALIN [3.7K]

Answer:

$755 taxes due  

Explanation:

Data provided in the question

Gross tax liability = $7,255

Credits available = $2,450

Taxes withheld by his employer = $4,050

So by considering the above information, the Jamison taxes due with his tax return is

= Gross tax liability - credits available - taxes withheld by his employer

= $7,255 - $2,450 - $4,050

= $755 taxes due  

6 0
3 years ago
Select the correct answer.
Helga [31]

Answer:D

Explanation:                        :) trust me look at meh face

6 0
3 years ago
Larry is in charge of collecting customer service and satisfaction data for his company. He’s not sure which key groups in the c
Lelechka [254]

Answer:

What are the potential advantages and disadvantages of communicating customer satisfaction results to one group versus another group?

Explanation:

The answer above would be the most appropriate question because Larry does not know whether to share it with the employees, with senior management, or with the whole company.

Larry should try to gauge what kind of effect in the company would produce each one of this three alternatives. For example, sharing the information only with the employees might not seat well with managers, while the sharing the information only with management may be more effective but less transparent.

4 0
3 years ago
During business cycle expansions when income and wealth are rising, the demand for bonds ________ and the demand curve shifts to
insens350 [35]

During business-cycle expansions when income and wealth are rising, the demand for bonds rises and the demand curve shifts to the right, everything else held constant.

A business is an activity that makes a living or makes money by manufacturing or buying and selling products (such as goods or services).

The existence of a company name does not separate the entity from its owner. In other words, the company owner is responsible and liable for the debt incurred by the company. Creditors can trace owner's personal property Corporate structure does not allow corporate tax rate Owners are personally taxed on all income from the business.

Learn more about business here:brainly.com/question/24553900

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5 0
1 year ago
The Retained earnings account has a credit balance of $23,800 before closing entries are made. Of total revenues for the period
skelet666 [1.2K]

Answer:

The ending balance in the retained earnings account is $31400.

Explanation:

The ending balance in the retained earnings accounts is equal to the opening balance of the retained earnings account plus the addition to the retained earnings for the year.

The addition to retained earnings will be the Net income less dividends.

The net income for the year was = 75200 - 55000 = $20200

Addition to Retained earnings = 20200 - 12600   = $7600

Closing balance of retained earnings = 23800 + 7600  = $31400

4 0
3 years ago
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