Jeremy purchases a share in a company. What rights does he possess after the purchase? Jeremy is a (bond issuer, shareholder, or security?) of the company. Therefore, he gets the right to be a partial (employee, owner or supplier?). This means when board members declare dividends, he is entitled to (income, promotion or pay hike?). He has the right to (store, supply or sell?) these shares whenever he wants. He can also look into the company's annual reports and sue for discrepancies.

Xinhong company is considering replacing one of its manufacturing machines. the machine has a book value of $39,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. it has a current market value of $49,000. variable manufacturing costs are $33,300 per year for this machine. information on two alternative replacement machines follows. alternative a alternative b cost $ 115,000 $ 117,000 variable manufacturing costs per year 22,900 10,100 1. calculate the total change in net income if alternative a and b is adopted. 2. should xinhong keep or replace its manufacturing machine