Answer:
Par value of common stock is $2.5
Explanation:
The par value of common stock can determined by dividing the common stock total amount in each of the two years by the shares issued and outstanding in each year as demonstrated below:
2019:
Par value of common stock =Common stock($)/shares issued
common stock($) is $555 million
shares issued and outstanding is 222 million shares
par value of common stock=$555 million/222 million=$2.5
2020:
Par value of common stock =Common stock($)/shares issued
common stock($) is $560 million
shares issued and outstanding is 224 million shares
par value of common stock=$560 million/224 million=$2.5
Ultimately the par value of common stock as shown be computations for both years is $2.5
Pre- is probably the answer, I’m sorry if it’s wrong.
The standardized deficit <span>is the difference between annual government expenditures and revenues.
This calculation is made on the assumption that the market is on full employment. The difference between expenditures and revenues in this matter could be used to determine whether the government has run its operations efficiently or not.</span>
