1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
viva [34]
3 years ago
11

If the par value of a stock is $5 and the offering price of the stock is $2, the capital in excess of par is:

Business
1 answer:
mr_godi [17]3 years ago
4 0
You cannot compute for the capital in excess of par since you don’t have the number of shares but let us assume there are 100,000 shares.

If the Company sell 100,000 shares of its common stock for $2 per share, and the par value of each share is $5, then the amount of the capital in excess of par is 100,000 shares x $3/share, = 300,000 and is recorded:

Cash 500,000  

      Common stock ($2 x 100000) 200000

      Additional Paid-In Capital($3 x 100000) 300000
You might be interested in
Leaders who ensure their employees take part in decision making have a(n) ___________ leadership style.
slava [35]

Answer:

D- participate

Explanation:

leaders who have participate leadership skill or style allow their employees take part in decision making making the leader open to many possibilities and ideas.

5 0
3 years ago
Doctors Clinic orders 1,000 bandages from Emergency Supplies Company but fails to specify the sizes. The bandages are delivered
dalvyx [7]

Answer:see how long they have to measure it

Explanation:

5 0
3 years ago
Incline Company generated $4,900,000 in revenue selling 4,025 units of its only product. Each unit has a contribution margin of
Hatshy [7]

Answer:

23%

Explanation:

The computation of the contribution margin ratio is shown below:-

Selling price per unit = $4,900,000 ÷ 4,025 units

= 1217.39

Contribution margin ratio = Contribution margin ÷ Selling price

= $280 ÷ 1217.39

= 23%

Therefore for computing the contribution margin ratio we simply divide selling price by contribution margin.

6 0
3 years ago
New greenbelt areas have been created to beautify the grounds around tampa power and light company. the greenbelt areas are an e
Alexandra [31]
The areas are an example of <span>a decrease in the price and an increase in the quantity of the firm's output.
The green areas would decrease the amount of money that the company need to handle waste of production, and social responsibility related cost, which would decrease the price and increase the firm's output.</span>
3 0
3 years ago
Read 2 more answers
The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called
Montano1993 [528]
<span>The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called total product offer also known as a value package.

When a consumer evaluates something before they purchase, they want to make sure they are getting everything out of the item. It needs to fit their wants and needs and by evaluating the item consumers ac accurately decide if it is the right good or service for them.
</span>
6 0
3 years ago
Other questions:
  • Security in the form of assets you pledge to a lender.
    11·2 answers
  • You can offer investment products and services only if you are a registered representative of Northwestern Mutual Investment Ser
    6·1 answer
  • An adjusting entry was made on year-end December 31 to accrue salary expense of $2,200. Assuming the company does not prepare re
    11·1 answer
  • Goodwin Ross Mid Cap Growth is a fund that lets its investors buy ownership in a market basket that contains different securitie
    11·1 answer
  • You have just taken out a $ 23 comma 000 car loan with a 4 % ​APR, compounded monthly. The loan is for five years. When you make
    7·1 answer
  • During the period after a real estate sales contract is signed, but before title actually passes, the status of the contract is
    13·1 answer
  • A price ceiling set below the equilibrium price in a perfectly competitive market A. always reduces producer surplus and increas
    6·1 answer
  • What is the function of the audio tools on the Format contextual tab?
    12·2 answers
  • The rule in Garner v. Murray deals with​
    11·1 answer
  • The definition of entrepreneurship holds the promise of...<br>​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!