Which One of These Is Not a Right Generally Granted

question 2

Multiple Choice

Which one of these is not a right generally granted to shareholders?

• A)Right to elect individuals to the board of directors
• B)Right to purchase shares of any new stock issue
• C)Right to receive proportional dividends
• D)Right to vote to approve or reject a merger offer
• E)First right to liquidation proceeds

---

Definitions:

Inventory

Materials and products that are held by a company for the purpose of sale or production.

Inventory Turnover

A measure of how frequently a company sells and replaces its stock of goods during a specific period, indicating the efficiency of inventory management.

Inventory

The total amount of goods and materials held by a company intended for sale or used in production.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.