The preemptive right is important to shareholders because it
A. allows managers to buy additional shares below the current market price.
B. will result in higher dividends per share.
C. is included in every corporate charter.
D. protects the current shareholders against a dilution of their ownership interests.
E. protects bondholders and thus enables the firm to issue debt with a relatively low interest rate.
Answer: D
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P&G's decision to eliminate dozens of major brands from its portfolio including Crisco, Folgers, and Jif to focus on household care, beauty, and grooming products is an example of ________
A) pruning B) harvesting C) market segmentation D) diversification E) market saturation
Which of these statements would best explain your qualifications in the body of a cover message?? A) ?I am a qualified and fully certified criminologist
B) ?Training in crisis prevention and emergency response has prepared me to serve and protect your community at the River Valley Campus. C) ?You need a licensed criminologist, and I meet those qualifications. D) ?With my bachelor's degree from Luther College, I am well-prepared and eager to apply my knowledge in criminology.
Harnett Corporation has two manufacturing departments--Molding and Assembly. The company used the following data at the beginning of the period to calculate predetermined overhead rates: MoldingAssemblyTotalEstimated total machine-hours (MHs) 4000? 6000? 10,000.00?Estimated total fixed manufacturing overhead cost$18,000?$33,000?$51,000?Estimated variable manufacturing overhead cost per MH$3.00?$6.00? During the period, the company started and completed two jobs--Job E and Job M. Data concerning those two jobs follow: Job EJob MDirect materials$16,000?$9400?Direct labor cost$22,700?$9700?Molding machine-hours 1250? 2750?Assembly machine-hours 1250? 4750?Required:a. Assume that the company uses a plantwide predetermined manufacturing overhead
rate based on machine-hours. Calculate that overhead rate. (Round your answer to 2 decimal places.)b. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the amount of manufacturing overhead applied to Job E. (Do not round intermediate calculations.)c. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours. Calculate the total manufacturing cost assigned to Job E. (Do not round intermediate calculations.)d. Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 80% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (Do not round intermediate calculations.) e. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both departments. What is the departmental predetermined overhead rate in the Molding department? (Round your answer to 2 decimal places.)f. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. What is the departmental predetermined overhead rate in the Assembly department? (Round your answer to 2 decimal places.)g. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. How much manufacturing overhead will be applied to Job E? (Do not round intermediate calculations.)h. Assume that the company uses departmental predetermined overhead rates with machine-hours as the allocation base in both production departments. Further assume that the company uses a markup of 80% on manufacturing cost to establish selling prices. Calculate the selling price for Job E. (Do not round intermediate calculations.)Predetermined overhead rate?per MHManufacturing overhead applied??Manufacturing cost??Selling price??Forming predetermined overhead rate?per MHCustomizing predetermined overhead rate?per MHManufacturing overhead applied job L??Selling price for job L?? What will be an ideal response?
In which of the following circumstances will the authority of the contracting party be questionable (for purposes of lien attachment)?
A) Lessee B) Landowner (fee simple) C) Life estate holder D) All of the above