Jen owns 7,500 of the 480,000 shares of TC Inc. The company has just announced a rights offering whereby 75,000 shares are being offered at a subscription price of $12 a share. The current stock price is $16 a share. Assume she sells her rights and that all rights are exercised. What percentage of the firm will she own after the rights offering?

1.35%

Explanation:

From the question, we are informed that Jen owns 7,500 of the 480,000 shares of TC Inc and that the company has just announced a rights offering whereby 75,000 shares are being offered at a subscription price of $12 a share and that the current stock price is $16 a share.

Based on the above information, the new ownership percentage will be:

= 7500 / (480,000 + 75,000)

= 7500/555000

= 0.0135

= 1.35%

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

answer makes less frequent trips to the bank and firms make less frequent price changes;