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siniylev [52]
3 years ago
14

Deep Water Marina has 12,000 shares of stock outstanding that were sold to the general public last year. The firm has just decid

ed to issue an additional 4,000 shares and will make these shares available to the firm's current shareholders before making any offer to the general public.
Which type of offer is this?

a. General cash offer
b. Rights offer
c. In-house offering
d. Private placement
e. Initial public offering
Business
1 answer:
AnnZ [28]3 years ago
3 0

Answer:

B) Rights offer

Explanation:

A rights offering (or rights issue) occurs when a corporation decides to issue additional stock and offers these new stocks to existing stockholders in the same proportion to their current holding percentage. Only the stocks that are not purchased by existing stockholders will be offered to other investors.

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Cyclical unemployment refers to A. the portion of unemployment created by job search. B. the portion of unemployment created by
myrzilka [38]

Answer:

i pretty sure its c but if it wrong just let me know

Explanation:

it pretty much makes sence

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6 0
3 years ago
Consider the market for bagels, which is currently at equilibrium, and where Pbagel and Qbagel denote the price and quantity of
UNO [17]

Answer:

please refer to attachment for more explanation

Explanation:

a. a. Since both goods are complementary goods an increase in the price of cream cheese would cause equilibrium price and quantity of bagel to decrease.

b. If the price of the substitute good croissant decreases then the demand for bagel will fall since croissant is obviously cheaper therefore demand curve will shift downward and price and quantity will fall.

c. Lower income of the consumer would make the demand for the inferior good bagel to rise. Demand curve will shift upwards and price and quantity will rise.

7 0
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How sustainable is any competitive advantage for rice epicurean? for mywebgrocer?
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7 0
3 years ago
XYZ Corporation loaned $600,000 to another corporation on December 1, 2020 and received a 3-month, 8% interest-bearing note with
jeka94

Answer:

Dr Interest Receivable 4,000

Cr Interest Revenue 4,000

Explanation:

Preparation of XYZ Corporation Adjusting entry

Since the XYZ Corporation loaned the amount of $600,000 to another corporation on December 1, 2020 in which XYZ Corporation received a 3 month and 8% interest-bearing note with a face value of $600,000, the first step to take is to find the interest bearing note which is calculated as 4,000(1/12×8%×600,000) and the second step is to record the transaction as :

Dr Interest Receivable 4,000

Cr Interest Revenue 4,000

(1/12×8%×600,000)

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When people take money out of the bank, they have to pay them back with a little more and interest is why.<span />
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