Answer:
Have priority in the purchase of any newly issued shares
Explanation:
Preemptive right is the right given to existing shareholders to maintain the proportion of their investment by buying a proportionate number of shares in any future sales of share.
The main essence of this is to ensure that their ownership interest is not diluted as more shares are issued and new investors come in.
In a preemptive share arrangement , consideration is given to existing shareholders ahead of any other person or entity .
Answer: An assessment center
Explanation:
The tests that should be chosen to determine how applicants handle complex situations that mimic events they would encounter on the job is the assessment center.
An assessment centre is used by different organizations so as to know how suitable candidates are for a particular position in the company.
The candidates perform different exercises, group work, interviews, presentation etc in order to make the employers know if they fit the role.
Answer:
The answer is 1300%.
Explanation:
As, Pv = Fv÷ (1+r)
$4 = $5 ÷(1+r)
r = ($5÷$4) -1
r = $1.25 -1
r = 0.25 or 25%.
Annual percentage = 25% x number of weeks per year
= 25% x 52 weeks
= 1300%.
Answer:
d. A debit to Allowance for Uncollectible accounts and a credit to accounts receivable
Explanation:
In an entity using the allowance method all write offs of receivables are routed through the allowance account.
The allowance account is credited with the estimated amount of uncollectible accounts and the bad debts expense account is debited.
When an account receivable is written off it is debited to the allowance for uncollectible accounts is debited and receivable accounts is credited.
The answer would be a)<span> occurs when demand for goods and services exceeds existing supply. Reason being, when there is high demand for a product, the price goes up because there are fewer available, however, in return for the raised prices people will eventually stop buying and the product price will drop.
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