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Ksju [112]
2 years ago
14

The par value of common stock must always be equal to its market value on the date the stock is issued.

Business
1 answer:
Lemur [1.5K]2 years ago
5 0

TRUE, the par value of the common stock must always be equal to its market value on the date the stock is issued

The par value of the common stock must always equal the market price on the date the stock was issued. The issuance of common stock affects both paid-in capital and retained earnings. If the preferred stock has a par value of $50 and the dividend is estimated at 8%, the dividend per share will be $4.

Par value is the value of one share of common stock as set forth in the company's articles of incorporation. It usually has nothing to do with the actual value of the stock. In reality it is often lower. Share certificates issued against the shares purchased show the par value. When approving shares, the company can choose whether to assign a par value.

Learn more about par value here:brainly.com/question/25765493

#SPJ4

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qaws [65]

Answer:

A missioniairy salesperson

Explanation:

Missionary selling is a form of personal sales in which the salesperson provides information to an individual who will influence the purchase decision. This is an indirect sales technique; the goal is not to close a sale, but merely to get information into the hands of a key decision-maker. Robin is providing information to restaurants in order to "Help Them" to buy her company's wine.

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4 years ago
The owner of a small color television set offers to sell it to a neighbor for $75. As the neighbor stands there thinking about t
NNADVOKAT [17]

If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be  a kind of verbal understanding and agreement.

8 0
4 years ago
​(Annuity payments) Calvin Johnson has a 5000 debt balance on his Visa card that charges 12.9 percent APR compounded monthly. In
olya-2409 [2.1K]

Answer:

41.49 approx 42 months

Explanation:

To calculate the number of months, we use the formula for loan

p = r(pv) / 1 - (1+r)-n

make n subject of the formula

p ( 1 - ( 1+r) ^-n) = r(pv)

p - p (1+r)^-n = r(pv)

p (1+r)^-n = p-r(pv)

(1+r)^-n = (p-r(pv)) / p

( 1+r)^n = p / (p-r(pv))

n In( 1+r) = In (p / (p-r(pv))

n = In ( p/ ( p - r(pv)) / In ( 1 +r)

n is the number of months, p is the payment per months

pv is the present value of 5000

substitute the values given into the equation

n = (In ( 150 / (150 - ( 0.129 / 12 × 5000)) / ( In ( 1 + ( 0.129 / 12) = 41.49 approx 42 months

8 0
3 years ago
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vichka [17]

Answer:

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Explanation:

Giving the following information:

You decide you will need to save $ 2 million by the time you are 65.

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We need to use the following Final Value formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (2000000*0.05)/[(1.05^42)-1]= $14,789.43

4 0
4 years ago
Which of the following best explains what a forward contract is?
KiRa [710]

Answer:A. A contract to deliver a praticular commodity to a buyer sometime in the future.

Explanation:

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4 years ago
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