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bulgar [2K]
3 years ago
7

. If shareholders are granted a preemptive right they will: Select one: a. be able to choose the timing and amount of any future

dividends. b. be paid dividends prior to the preferred shareholders during the preemptive period. c. be given the choice of receiving dividends either in cash or in additional shares of stock. d. be entitled to two votes per share of stock. e. have priority in the purchase of any newly issued shares.
Business
1 answer:
PtichkaEL [24]3 years ago
5 0

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 .

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During 2018, Angel Corporation had 900,000 shares of common stock and 50,000 shares of 6% preferred stock outstanding. The prefe
AfilCa [17]

Answer:

$6.5 per share

Explanation:

Given that,

Net income = $6,000,000

Preferred dividend = $150,000

Weighted average number of common shares  = 900,000

Angel's Basic earnings per share:

[Net income - Preferred dividend ] ÷ Weighted average number of common shares

= [$6,000,000 - $150,000] ÷ 900,000

= 5,850,000 ÷ 900,000

= $6.5 per share

4 0
3 years ago
Connie, a single mother and home-business entrepreneur, enjoys running her own business. However, because she is busy balancing
VladimirAG [237]

Connie can best be described as Solo Operator type of entrepreneur.

Explanation:

Connie is a single mother who works from home on her small business which is her primary source of income but is ridden by the work of house and work which makes her unable to expand her business as she cannot invest enough time in it.

This is happening because she is a sole operator as in she has to take all the decisions and do all the work by herself with no additional help from anyone else whatsoever in the family or the work front either.

7 0
3 years ago
Sigmund Jewelers creates inexpensive costume necklaces, bracelets, and rings. As a way to save costs on sending out these small
777dan777 [17]

Answer:

shipment consolidation

Explanation:

The primary aim of the consolidation of shipments is to evaluate cost control and cost control. The aggregation of shipments allows individuals or businesses to save costs thereby integrating several products from different shippers into one shipment.

Therefore in the given case, since the company wants to combine 10 to 12 different orders into one shipment so that the company could save the cost

Hence, the shipment consolidation is correct

6 0
3 years ago
What is the tax penalty for no health insurance 2016?
alukav5142 [94]
$695 per adult
$347.50 per child under 18<span>
Maximum: $2,085</span>
6 0
3 years ago
Northrup-Grumman Corporation is expected to pay $1.25 per share for its next dividend. If shares are trading at $27.22 and analy
hammer [34]

Answer:

the  return on common shares is 6.99%

Explanation:

The computation of the return on common shares is shown below:

= Dividend ÷ Stock price + growth rate

= $1.25 ÷ $27.22 + 2.4%

= 6.99%

hence, the  return on common shares is 6.99%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
2 years ago
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