All categories

3 years ago

Which of the statements below is FALSE?

Business

1 answer:

Alecsey [184]3 years ago

5 0

Answer:

C. The standard of one vote for each share cannot be altered.

Explanation:

Shares are sold to individuals that now obtain ownership rights of a company.

Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.

Also common shareholders are shares have different classes with different voting rights.

However it is not true that the standard of one vote for each share cannot be altered.

When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.

The shareholder's standard of vote for each share is now halved

You might be interested in

Ignatius Corporation had 7 million shares of common stock outstanding during the current calendar year. It issued ten thousand $

Zepler [3.9K]

Answer:

Ignatius Corporation

Basic and Diluted EPS are:

c. $ 2.85 $ 2.67

Explanation:

Data and Calculations:

Common stock outstanding = 7 million shares

Issued 10,000, $1,000 convertible bonds = $10,000,000

Convertible bonds = 10,000 bonds = 500,000 shares (10,000 x 50)

Interest payment = semiannual at 10% per annum

6%, 100,000 Cumulative preferred stock at $100 par = $10,000,000

Preferred dividend = $600,000

Net Income of $20 million

Basic EPS = $20,000,000/7,000,000 = $2.857 per share

Diluted EPS = $20,000,000/7,500,000 = $2.67 per share

To obtain the diluted EPS, the outstanding common stock is increased by the number of potential convertible bonds.

8 0

3 years ago

In the RST partnership, Ron's capital is $80,000, Stella's is $75,000, and Tiffany's is $50,000. They share income in a 3:2:1 ra

Setler [38]

Answer: Option (D) is correct.

Explanation:

Given that,

Ron's capital = $80,000

Stella's = $75,000

Tiffany's = $50,000

Income sharing ratio = 3:2:1

Tiffany is retiring from the partnership

Amount paid to Tiffany = $56,000

Bonus = Amount paid to Tiffany - Tiffany's capital

= $56,000 - $50,000

= $6,000

Above bonus is 1/6th of goodwill.

Therefore, the total amount of goodwill recorded would be:

Goodwill = $\frac{6,000}{\frac{1}{6} }$

= $36,000

7 0

4 years ago

"You have been hired as a consultant by a new company to develop a strategic prospecting strategy. The company brews and bottles

11Alexandr11 [23.1K]

Answer: One of what is necessary in product marketing is identifying the industry and the sector that uses this product. The company doesn't sell direct to consumers and considering the components of the tea, I would recommend a plan that targets the health industry.

Explanation:

One of what is necessary in product marketing is identifying the industry and the sector that uses this product. The company doesn't sell direct to consumers and considering the components of the tea, I would recommend a plan that targets the health industry. The tea product focuses on health with natural ingredients with antiaging and anti-carcinogens, also they are rich in vitamins. The recommended plan of targeting the health is to propose the product as medicinal or a supplement, which the health institution can recommend for her customers. One of the ways the products can be marketed to the clients to the last consumer is by mentioning the merits of taking them alongside other medication.

The strategic plan would mapping out health agencies that are in my town, draft out magazines, fliers about the product, so that anyone who comes across them can read them. After these health agencies have been visited, we track down the progress of how they are receptive to using the products and how their clients are responding to them

7 0

3 years ago

Which principle of design is used to modify the shape of a design

storchak [24]

Answer:

Principles applied to the elements of design that bring them together into one design. How one applies these principles determines how successful a design may be

8 0

3 years ago

Mariah is single and has a monthly disposable income of $3,200. Her monthly cash outflow is approximately $2,800. Mariah include

Alexus [3.1K]

Answer:

He would encourage her to cut the cost on her apartment, by choosing a cheaper apartment.

Explanation:

According to the statement in the question, Mariah saved a total of $15,000, and wishes to make a down payment of $10,000 on house alone. $10,000 is approximately 67% of the total savings. From further description of the house, we find out that she has a spare bedroom in her apartment which she will also pay for as part of the house payment but she will not use, and Mariah is single. If $10,000 dollars go into her apartment alone, the balance of $5,000 dollars will be insufficient to pay for the other expense which includes; the cash outflow of $2,800, the contribution to a retirement plan, care and life insurance policies and purchase of furnishings, not to talk of the other bills like groceries, cable, water etc. even with her monthly income of $3,200, she will run into debt. Hence she will be advised to settle in a cheaper apartment.

3 0

4 years ago

Which of the statements below is​ FALSE?

Which of the statements below is FALSE?