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1 year ago

Additional paid-in capital is most likely to appear on the balance sheet of a corporation that:

Business

1 answer:

ArbitrLikvidat [17]1 year ago

7 0

Answer:

b. has no-par value stock.

Explanation:

Additional paid-in capital represents the amount of money that shareholders have paid for their shares of stock, in excess of the par value of the stock. This is most likely to occur with no-par value stock, which has no set value assigned to each share.

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Glavine Company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of it

almond37 [142]

Answer:

Market value of common stocks (6,000 x $25) = 150,000

Market value of preferred stocks (9,000 x $20) = 180,000

Market value of the company 330,000

Proceeds allocated to common stocks

= $150,000/$330,000 x $312,000

= $141,818

The correct answer is B

Explanation:

The market value of the company is the aggregate of market value of common stocks and market value of preferred stocks.The market value of each stock is equal to number of each stock outstanding multiplied by market price per share. Thus, the proceeds allocated to common stock equals the market value of equity divided by market value of the company multiplied by the lump sum.

4 0

3 years ago

An economic model is useful only if it: ______________

finlep [7]

Answer:

b. contains no positive statements.

5 0

2 years ago

Two principles of fraud insurance

Arturiano [62]

hi buddy

here is your answer

Insurance fraud involves any misuse of insurance policies or applications in order to illegally gain or benefit.
Insurance fraud is usually an attempt to exploit an insurance contract for financial gain. The majority of insurance fraud cases involve exaggerated or false claims.

hope it helps

please mark me pls

#sibi❤

8 0

2 years ago

scott is the chief human resource officer (CHRO) of MarkIt Inc.. In performing the tasks of aligning the HR activities with the

Crank

Answer:

leader of the HR function

Explanation:

HRM stands for Human Resource Management. It is a department in any business organization which looks after hiring, training and managing the employees of the organization.

It also deals with the issues of the employees that they face in the organization.

In the context, Scott who is the CHRO, i.e. the chief human resource officer of the organization named Marklt Inc. performs the tasks of the management and alignment of all the HR activities that is with the need of the business. In such a way, Scott is performing the role of the leader of the HR function.

As a leader of the HR, Scott is ensuring that Marklt Inc. has the right people in the organization working to their best.

5 0

2 years ago

On December 31, 2020, Lemmon Company issued 20,000 shares of its common stock with a fair value of $50 per share for all of the

Phantasy [73]

Answer:

$1,002,000

Explanation:

The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.

However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:

Fair value (entire shares) $50*20,000=$1,000,000

fair value of potential obligation =$2000

total value of investment $1,002,000

The issue costs and direct should be expensed immediately.

5 0

2 years ago