Register
You own 200 of the 10,000 outstanding shares of Invite stock. The firm just announced it will be issuing an additional 2,000 shares to the general public. What type of event are you participating in if
86.1k views
5 votes
You own 200 of the 10,000 outstanding shares of Invite stock. The firm just announced it will be issuing an additional 2,000 shares to the general public. What type of event are you participating in if you decide to purchase 100 of these additional shares?

User Fozia
by
6.7k points

1 Answer

4 votes

Answer:

A rights offering

Step-by-step explanation:

Current shareholders can participate in a rights offering, by which they can purchase additional shares of the corporation. During a rights offering, current shareholders are given the first option to buy newly issued shares before those shares are offered to the general public.

User GerardJP
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
A ______ is "the basic interpretive mechanism to let people know what an organization is doing and are sent out to editors and reporters in hopes of stimulating favorable stories about their organizations"
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Link Copied!