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Business, 25.03.2020 04:45 nightwolf8999

Tem Co. issued rights to its existing shareholders without consideration. A shareholder received a right to buy one share for each 20 shares held. The exercise price was in excess of par value, but less than the current market price. Retained earnings decreases when .Rights Are Issued, Rights Are Exercised
A. Yes, No
B. Yes, Yes
C. No, No
D. No, Yes

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